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The Chip Board Archive 04

Re: Economics & $$$ Question.

Doc Leonidas,

Thank you for your response. You explained it quite well. I should have given more details for what I'm trying to determine.

Let's say you were playing poker in 1935, and you had a stack of $100 chips. I'm trying to figure out what demonination chip would be the same today. A bet of $100 in 1935 would be the same as a bet of $1,000, $2,000, $10,000 today? I'm basically trying to figure out how big of a deal a $100 bet was in 1935.

I was watching a poker game at the Mohegan Sun Casino a few weeks ago. A $100 bet is no big deal. But a $10,000 bet (I didn't see any) would have made me stop & think.

Is this making any sense?

Thanks for your input.

Dave Smith in New Hampshire (Still got 3' of snow in my yard.)
"LIVE FREE OR DIE"

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