Examining the value of money in america over the long term (1792–2009)
This paper aims to examine the significant loss of value of money over the long term in America between 1792–2009. One U.S. dollar in 1792 is now worth only two cents by 2009. By critically examining the value and purchasing power of money in America, this paper compares empirical evidence and sta...
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| Format: | Article |
| Language: | English |
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Canadian Center of Science and Education
2013
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| Online Access: | http://irep.iium.edu.my/44664/1/Abdullah%2C_13-10%2C_America.pdf http://irep.iium.edu.my/44664/ http://dx.doi.org/10.5539/ijef.v5n10p58 |
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