Today in Inflation History
Business Topics: Banker - Bankruptcy - Business People - Companies - Financier - Industrialist - Merchant - Philanthropist - Stock Exchanges - Tycoon - Wall Street
Historical Events
Results 1 - 31 of 31
1776-12-31 - Rhode Island establishes wage & price controls to curb inflation: Limit is 70 cents a day for carpenters, 42 cents for tailors
1919-07-01 - 1st class postage drops from 3 cents to 2 cents
1932-07-06 - 1st class postage back up to 3 cents from 2 cents
1943-04-08 - U.S. President Franklin D. Roosevelt, in an attempt to check inflation, freezes wages and prices, prohibits workers from changing jobs unless the war effort would be aided thereby, and bars rate increases to common carriers and public utilities.
1953-07-25 - NYC transit fare rises from 10 cents to 15 cents, 1st use of subway tokens
1958-08-01 - 1st class postage up to 4 cents (had been 3 cents for 26 years)
1963-01-07 - 1st class postage raised from 4 cents to 5 cents
1966-07-05 - NYC transit fare rises from 15 cents to 20 cents
1968-01-07 - 1st class postage raised from 5 cents to 6 cents
1970-01-04 - NYC transit fare rises from 20 cents to 30 cents, new larger tokens used
1971-05-16 - 1st class postage now costs 8 cents (was 6 cents)
1972-01-05 - NYC transit fare rises from 30 cents to 35 cents
1974-03-02 - 1st class postage raised to 10 cents from 8 cents
1975-09-01 - NYC transit fare rises from 35 cents to 50 cents
1975-12-11 - 1st class postage rises from 10 cents to 13 cents
1978-05-29 - 1st class postage now 15 cents (13 cents for 3 years)
1978-10-23 - CBS raises LP prices to $8.98
1980-06-28 - NYC transit fare rises from 50 cents to 60 cents
1981-03-22 - 1st class postage raised to 18 cents from 15 cents
1981-07-03 - NYC transit fare rises from 60 cents to 75 cents, new brass Y-cut-out token
1981-11-01 - 1st Class Mail raised from 18 cents to 20 cents
1984-01-01 - NYC transit fare rises from 75 cents to 90 cents
1985-02-17 - 1st class postage rises from 20 cents to 22 cents
1986-01-01 - NYC transit fare rises from 90 cents to $1.00
1989-01-01 - NYC transit fare rises from $1.00 to $1.15
1989-04-28 - Argentina, hit by rocketing inflation, runs out of money
1991-02-02 - US postage is raised from 25 cents to 29 cents
1992-01-01 - NYC transit fare increases from $1.15 to $1.25
1994-05-20 - Sony Theaters & Cineplex (NYC) hike movie ticket prices to $8.00
1994-06-27 - NY Daily News increases prices to 50 cents
1998-01-01 - Russia begins to circulate new rubles to stem inflation and promote confidence.
