Replies to post #16486 on DogeCoin (DOGEUSD)

[daleb2130]

Or you could have put it in the S&P 500. Maybe our resident genius can figure out what that $1000 would be worth now.

[LoneJagFan]

Value of $1,000 from 2019 to 2021
$1,000 in 2019 is equivalent in purchasing power to about $1,044.58 today, an increase of $44.58 over 2 years. The dollar had an average inflation rate of 2.20% per year between 2019 and today, producing a cumulative price increase of 4.46%.

Value of $1,000 from 2020 to 2021
$1,000 in 2020 is equivalent in purchasing power to about $1,031.85 today. The dollar had an average inflation rate of 4.16% in the last 12 months. As a result, the real value of a dollar has been decreasing recently.

Source:

https://www.in2013dollars.com/us/inflation/2019?amount=1000