this post was submitted on 10 Sep 2024
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[–] DebatableRaccoon@lemmy.ca 46 points 2 years ago (20 children)

Inflation is the real joke here.

[–] cheese_greater@lemmy.world 11 points 2 years ago (19 children)

What would he have been flipping that was their equivalent of 25 cent coin?

[–] DahGangalang 11 points 2 years ago (1 children)

Based on my (probably wrong) math, either a penny or, like a 2 cent coin (those existed at some point, right?).

So the ratio of old money to new money is approximately .25 to 4.50, which means that the value of money has shrunk by a factor of about 18.

25 cents over 18 yields ~1.38 cents.

So if he took a penny, cut it into thirds, taped one of those thirds to another penny, and was able to flip that unbalanced mess, you could say he'd lost a modern quarter's worth of value.

[–] cheese_greater@lemmy.world 5 points 2 years ago* (last edited 2 years ago)

I joked a quarter-sized penny. I call it: the ~~poorter~~ pennyce

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