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Comment on How much would $1.50 in 1945 be worth today?parent

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To be fair, credit cards* are much more common now than they were in the 80s. Cash is mostly a back-up medium.

* or Eftpos cards, if you're in Australia or New Zealand.

Naturally. My grandfater did business meetings in NYC, and a lot of restaurants even didn't take charge cards (credit cards weren't even a blip on the radar). He would probably bring a few thousand dollars in cash with him on those trips.

I can't imagine carrying that much cash, even before the bump for inflation!

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