Tag Archives: inflation

Roman emperor Diocletian set maximum prices and wages across the empire in 301 CE. The edict…

Roman emperor Diocletian set maximum prices and wages across the empire in 301 CE. The edict…Source

Costco’s $1.50 hot dog combo, unchanged since 1984, remained untouched after CEO Jim Sinegal…

Costco’s $1.50 hot dog combo, unchanged since 1984, remained untouched after CEO Jim Sinegal…Source

Costco sold more than $100 million worth of gold bars in just three months.

Costco sold more than $100 million worth of gold bars in just three months.Source

Arizona Iced Tea’s 99¢ price has remained unchanged for over 30 years.

Arizona Iced Tea’s 99¢ price has remained unchanged for over 30 years.Source

In 1978, a student could pay for four years of college without debt by working minimum wage summer…

In 1978, a student could pay for four years of college without debt by working minimum wage summer…Source

In Hungary in the 1940’s, while…

In Hungary in the 1940’s, while the country was experiencing the worst hyperinflation in recorded history, they issued a bank note with a denomination of 100 quintillion Hungarian pengős, which was worth approximately US $0.20. Source

It was practically illegal…

It was practically illegal to own gold in the US from 1933 to 1974. Roosevelt signed an Executive Order to force all citizens to turn in almost all gold for about $20 per ounce, then declared the value of $20 in gold to be worth $35 in paper currency – creating a massive inflation. The… Read More »

WTF Fun Fact – Coca-Cola’s 7.5 Cent Request

In 1953, Coca-Cola attempted to persuade the US Treasury to mint a 7.5 cent coin. A can of Coke had … Read More & Source The post WTF Fun Fact – Coca-Cola’s 7.5 Cent Request appeared first on WTF Fun Facts. Source

From 1945 to July 1946, Hungary had the highest…

From 1945 to July 1946, Hungary had the highest inflation ever recorded. The highest banknote value went from 1,000 Pengő in 1944 to 100,000,000,000,000,000,000 Pengő in mid-1946. At this time, the total value of all Hungarian banknotes in circulation combined amounted to $0.00001 USD The post From 1945 to July 1946, Hungary had the highest…… Read More »