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Home 2018 November 08 15 Shocking Examples of What Inflation Did to Us

15 Shocking Examples of What Inflation Did to Us

Price of a Round Steak

Price in 1918: 37 cents

Price today: $5.65

A pound of round steak might not be part of your weekly grocery list because it is — and always has been — a premium purchase. The historical price for a pound of steak in 1918 was 37 cents, the equivalent of $6.55 in 2018, adjusted for inflation. Today, you can expect to pay approximately $5.65 per pound for steak at your local grocer.

Nov 8, 2018C.C.
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