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<p>[QUOTE=&quot;yakpoo, post: 1101764, member: 18157&quot;]I often use the &quot;Snicker&#039;s bar&quot; analogy when discussing this topic because when I was young, that was my favorite candy bar...still is! Anyway, in 1964 you could go into any store in the country and buy a Snicker&#039;s bar for 5¢. Today, you&#039;re lucky to find a Snicker&#039;s bar for 99¢.</p><p>&nbsp;</p><p>You&#039;ll find that price relationship holds true (on average) for most goods. So, if $1 today has the same purchasing power of a 1964 nickel, then today&#039;s nickel has the purchasing power of 1/4th of a 1964 penny. The penny today has the purchasing power of 1/20th of a 1964 penny. In fact, the closest coin we have to the 1964 penny is today&#039;s quarter!!</p><p>&nbsp;</p><p>Oftentimes, when folks wax nostalgic about losing the penny, they&#039;re thinking about what a penny &quot;used&quot; to be worth...before we went to clad coinage. I love the penny, too...but it&#039;s time to &quot;let it go&quot;. You&#039;re not going to lose anything of significance if the penny, nickel, AND dime go bye-bye. Producers will just put a few more raisins in the Raisin Brand to give you a fair value.</p><p>&nbsp;</p><p>:secret:...(let it go!)[/QUOTE]</p><p><br /></p>

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