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<p>[QUOTE=&quot;iPen, post: 2915332, member: 69760&quot;]The value of the dollar was largely stable for the early part of US history, since it was fixed to gold. 1913 saw the Federal Reserve Act that fundamentally changed how the dollar functioned, 1944 greatly enlarged the US dollar&#039;s role with the Bretton Woods system, and 1971 saw the termination of the conversion of the US dollar to gold. It was really only in relatively recent times that we&#039;d see the CPI climb so drastically to devalue the dollar.</p><p><br /></p><p>So, the $10K figure back in 1793 should be very similar to the value back in 1913, or about $250,000, maybe a little more.[/QUOTE]</p><p><br /></p>

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