Business & Finance: The Dollar

The purchasing power of $1 is only 60.8¢ as contrasted with July, 1914.

Recovery since the peak of inflation (July, 1920) is, however, marked by the fact that since the peak the cost of living has dropped 19.5%.

The cost of living dropped .2% in January.

These figures were furnished by the National Industrial Conference Board.


Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!