![]() Tools and Online Sources International How Much is That? An EH.Net service providing calculators for the purchasing power of the US dollar and the British pound sterling, US and British inflation rates, US commercial paper rates. See the web page on numismatics for pointers on that subject. This page is not about the value of old coins and banknotes. ![]() The focus of the book is on the events themselves with just a few examples of changes in the value of money such as those in the notes below. The website includes an extensive annotated chronology as well as some essays based on themes from the book. Therefore over long time spans, changes in prices give only the very roughest and most approximate idea of changes in the value of money.įor a narrative account of monetary history since the dawn of civilisation onwards see A History of Money from Ancient Times to the Present Day, the book by Glyn Davies and the website that is based on it. ![]() people's height, are a far better measure of a nation's standard of living than such conventional indicators as gross national product or per capita income. A typical diet in most advanced countries will be rather different today from what it would have been before the refrigerator became a common household item.įurthermore it has been argued that anthropometric measures of well-being, e.g. Indices of inflation fail to take proper account of improvements in quality.Įven in the essentials of life there are significant changes over the years. A typical computer today is a very different machine from its counterpart of 5 years ago. A frequent question is "how much would a specified amount of money at a certain period of time be worth today?" The sources listed below are useful in attempting to answer this question.Ĭomparisons of purchasing power are only reliable over short periods.
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