Is the fifty the new twenty?

by | Dec 30, 2013

Is the $50 the new $20? I wonder…

This month I celebrated my birthday in NYC. It was a “multiple event” as my daughter is home from college and had an interview scheduled on my birthday. We decided to celebrate the play of life, work and milestones in the Big Apple. Running out of cash from several more than planned cab rides, we went to the ATM to retrieve transportation currency. Surprisingly, when the cash appeared through the mechanical door, instead of the usual twenty dollar bills, there were fifty dollar bills.  My immediate reaction was, Wow, look at this. Immediately after, I wondered, is the $50 the new $20?

Setting aside New York City, where the cost of living is easily double, triple and quadruple of most other US cities, reflect upon the dollar and what a dollar buys now, and what it used to buy then…. take a money stroll down memory lane.  What are you discovering? I wonder…