Fairytale Inflation

Here's a novel way to measure inflation over the past 40 years: Fairytales.

When I was young (and slightly more naive) I believed in the Tooth Fairy. I used to receive 50 pence for each tooth hidden under my pillow. This seemed to be the going rate at the time.

Today my mother was telling me about my 7-year-old cousin, who had been showing off a tidy profit in exchange for an old tooth. Two whole pounds!

My mum & dad then told me that, 40 years ago, they only used to get something called a 'Thruppennybit'. And since they don't appear to be showing any signs of dementia, I believe this actually used to be genuine, bonafide money.

So, the next time you find yourself complaining about the economy, spare a thought for the fairies.