Is the value of the dollar more or less than it was 2 decades ago?
Answer:
It is definitely worth less. Inflation over time causes individual sums to be worth less. Basically you can buy less stuff with a dollar now than you could 20 years ago.
im guessing that it was more.
more because the gas price has gone up
WAY TOTALLY MORE!!
less
Probably similar from a comperative stance, but the exchange rate is lower so the US dollar is not as strong as it has been and usually is.
No 20 years ago I could get 100 pieces of candy with that now I can only get four or five of the same type of candy.
Less.
http://eh.net/hmit/compare/result.php?us.
and you can test for yourself. http://eh.net/hmit/compare/
Money in the amount of 183.03 in today's U. S. dollars would be needed to buy what $100 (U. S.) did in 1986. So our "almighty" dollar is rather pitiful and puny compared to twenty years ago.
Less
If in the past you could buy a chocolate bar for 5cents then
I'd say the dollar is worth less now that before.
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