The mother’s parents were shocked. They said they received only a quarter, for each tooth, when they were kids. Those grandparents say that was enough to fill any financial cavity, and buy some treat. But that was back then.
And that quarter is now worth $2.30.
The American Institute for Economic Research offers an online calculator. It shows that a dollar, in 1965, is worth $9.22 today.
Some of today’s parents of young children say they got a silver dollar or some sort of dollar, or a five. That dollar, in 1990, is now worth $2.22. That five dollar bill is now worth $11.11.
So, perhaps a ten is appropriate for the Tooth Fairy to treat?
Drill for more, here: (mirror.co.uk)