Posted By:
identify7"According to the inflation calculator, a card costing a dime in 1865 would cost $1.18 today in 2005 dollars".
Can this be true?
A 10-1 ratio? That would make a current wage earner of $1000/week = $100/week wage earner then. And that can not be true! $100/week was earnings typical of the 1950s or so.
Or is my thinking (on this) off?