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Originally Posted by SUBMAN1
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Originally Posted by GlobalExplorer
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Originally Posted by SUBMAN1
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Originally Posted by August
So you're saying that 30 pieces of silver just doesn't buy what it used to? :p
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Yeah - back in the day, you could get a house for that.
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Inflation or no inflation, do you know of a house that costs 7173306613840656827838347127298700000000000 silver coins? |
The value of a silver coin from back then is much different than now, as well as economic markets since that type of interest doesn't work. Metal prices will be where your 30 silver pieces hit a brick wall. This is of course going to hold a different value based on a collector of the period of course.
Anyway, lets analyze a single dollar if it existed in that period. This is a more accurate assesment of where you would be since it is a current currency. If you were to take a single dollar from that period, and compare it to now, your mathmatics would work out to it being worth about the same at around 5% interest. It actually would be worth a bit more, but basically, its value falls off the scope of my calculator. I will find a bigger calculator since its value is near non existant anymore. To be continued.....
Need to find something that will take 2 to the power of 100 to be able to calculate this.
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Windows calc.exe can do these calculations if you switch to "Scientific".
For instance, to calculate the said interest rate of 5% for 2000 years you only take 1.05 to the power of 2000 and multiply with the amount you had at the start. If you want to calculate backwards you of course need a logarithm, something I don't want to rack my head with at this hour
Anyway, you correctly point out that my calculation is theoretic and naive, but it still cannot be passed over, because even if the result is wrong with a magnitude of 100 it is still astronomic figure.