Inflation from 1848 to current time.?

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Mr. Polk tried to buy cuba from spain in 1848 for $100 million, how much would that be if you changed it for inflation?

2007-01-19 07:49:41 · 3 answers · asked by Anonymous in Social Science ➔ Economics

Using the standard inflation factor for 1848 (0.042) the conversion would be $2,380,952,380.95 in today's dollars.

2007-01-19 08:41:34 · answer #1 · answered by SA Writer 6 · 0⤊ 0⤋

It would be in the qualtrillion

2007-01-19 16:34:57 · answer #2 · answered by Mr. DC Economist 5 · 0⤊ 0⤋

whooa ok too much money that nobody has

2007-01-19 15:56:20 · answer #3 · answered by HEYYEAH! 2 · 0⤊ 0⤋