1934 and 2021 Prices in The US

The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933.

 

Milton Friedman

 

 

1934 History in Review from 1934 Pages of Time - A Nostalgia News Report

 

Life Expectancy 59.7  Years

 

The 1934 inflation rate was 3.08%. The current year-over-year inflation rate (2020 to 2021) is now 6.22% 1. If this number holds, $1 today will be equivalent in buying power to $1.06 next year.
$1 in 1934 → 2021 | Inflation Calculator
https://www.in2013dollars.com › Inflation › 1934

 

US inflation rate in 1934: 3.08%

https://www.in2013dollars.com › Inflation › 1934
The 3.08% inflation rate means $1 in 1933 is equivalent to $1.03 in 1934. This inflation calculator uses the official US consumer price index.

 

1934 Prices In The US from Pages Of Time -Nostalgia News Report

Average Income $ 1,601.00                                    

New Car $ 625.00

New House $ 5,972.00

Loaf of Bread  $ .08

Gallon of Gas $ .10

Gallon of Milk $ .45

 

Gold Per Ounce $ 20.67

Silver Per Ounce $ .38

 

Dow Jones Average  98                      

 

 

President Roosevelt Devalued The Dollar to 60 Cents in 1934

 

 

 

 

 

November 14th, 2021 History In Review

 

Life Expectancy 78.79  Years from the World Bank off of Google.com

 

Current US Inflation Rates: 2000-2021

https://www.usinflationcalculator.com › inflation › curr...

The annual inflation rate for the United States is 6.2% for the 12 months ended October 2021 -- the highest since November 1990 and after rising 5.4% ...
‎Historical Inflation Rates: 1914... · ‎Consumer Price Index Data...
                  

2021 Prices in the US

Median Income  $ 35,724.00                                 

Average New Car Price $ 45,000.00

New House $ 408,800.00

Loaf of Bread $ 1.53 to 3.51

Gallon of Gas $ 3.44     

Gallon of Milk $ 3.65

 

Average Price Gold Per Ounce $ 1,798.33

Average Price of Silver Per Ounce $ 25.48

 

Dow Jones Average 35,819.56     

 

• DJIA index monthly performance 2021 | Statista

https://www.statista.com › statistics › monthly-performa...

Nov 1, 2021 — Monthly Dow Jones Industrial Average index performance 2013-2021 ... The value of the DJIA index amounted to 35,819.56 at the end of October 2021, ...