Response to How Much Is a Year-2000 Dollar Worth?

Table B-3 from the back of the _Economic Report of the President_ (which uses the Department of Commerce's numbers, and is a convenient source) says that a dollar in 1999 was worth a little less than a quarter--21.44 cents--back in 1960 because of inflation between 1960 and 1999. Michael Boskin and company who argue that standard statistics overstate inflation argue for a higher number--35 cents or so. I haven't seen anyone argue for a dime...

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