What Can the Tooth Fairy Teach You?
Your teeth might be increasing in value more than the value of your life.
Considering that graphene oxide was found in dental Lidocaine already in November, 2021, the value of teeth has been skyrocketingfor a good reason, which only the Tooth Fairy is calculating properly.
How old is the tooth fairy?
The legend of the tooth fairy dates back to the Middle Ages (500-1500 AD), when parents thought it was important to dispose of children’s teeth in a way witches could not get hold of them, because witches could use lost baby teeth to cast spells on the children. Teeth were buried or fed to rodents.
In Scandinavia, the practice of trading money for a tooth originated with the Vikings, who raided, colonized, and traded all over Europe. They believed baby teeth would bring them good luck; they would exchange coins for a child’s lost tooth, string them into necklaces, and wear them in battle.
By the 18th century, the Tooth Fairy’s image, still a legend, began to turn into the fairy tale people consider it today.
One of the earliest known references occurred in a 1908 issue of The Chicago Sunday Tribune. Thought to be inspired by the tale of the tooth-gathering mouse, the modern Tooth Fairy serves a similar role.
https://wordhistories.net/2017/08/10/earliest-tooth-fairy/
While many cultures have a Tooth Fairy, the amount of the reward varies by country and the family’s economic status. According to a 2013 poll by Visa Inc., American kids received an average of $3.70 per tooth, with only 3% of kids getting less than a dollar and 8% more than five dollars. Of course, there are lies, blatant lies, and there are statistics, but there is certainly some truth to the figures.
How do the fees paid to the Tooth Fairy relate to inflation?
The following article can give you details, but I’ll summarize the interesting parts:
https://www.axios.com/2023/02/27/tooth-fairy-day-lost-tooth-value
The value of a single lost tooth is at a record high, with the average gift reaching $6.23, up from $5.36 in 2022.
That’s a whopping 379% increase from 1998, when a lost tooth fetched $1.30 on average.
Delta Dental’s 2023 annual poll, released ahead of National Tooth Fairy Day on Tuesday, found the average amount parents are doling out for single lost tooth is up 16% over last year.
Delta Dental said the poll has “typically mirrored the economy’s overall direction” and tracks with the trends of S&P 500.
That’s not the case this year since the average value of the lost tooth increased 16% while the S&P 500 experienced an 11% decline in the same period, Delta Dental said in its report.
How much lost teeth are worth
Delta Dental conducted the poll between Jan. 6-19 with 1,000 parents of children ages 6 to 12. The company also released regional rankings.
By the numbers: The South had the highest value of a lost tooth at $6.59, a 14% increase from last year.
The average in the West was $6.25, up 53% and 2 cents higher than the national average.
Northeast’s value dropped to $6.14 after being the highest last year with an average of $7.36 for a lost tooth.
The Midwest has the lowest value of a lost tooth at $5.63 but that was up $1.36 or 32% from last year.
Meanwhile, 20% of children are receiving money and something else like a physical gift for each tooth they lose, the survey found.
Parents are often shelling out more cash for the first lost tooth, considered a childhood milestone.
The average value of a first tooth is $7.29, more than $1 more than what the typical tooth receives, the survey found.
What’s next: Delta Dental predicts that at the rate values have increased in the poll’s 25 years, it’s possible that by 2048 the Tooth Fairy could be leaving $30 under the pillow for a single tooth. (Well, that’s quite optimistic, because it assumes the dollar will still exist in 2048.)
“Given the projection, it would be in the Tooth Fairy’s best interest to invest in a larger purse,” said Delta Dental Plans Association spokesperson Gabriella Ferroni.
How does this compare to the Consumer Price Index?
As you know, since 1913, when the private bank, the Federal Reserve was granted exclusive right to issue the USD as a loan to the taxpayer to be paid back with interest, the collar has been lusing value rapidly, and most statistics do not, or are not allowed, to reflect the real figures (there are a few more entertaining details on this site):
https://www.in2013dollars.com/us/inflation/1913?amount=100
As the website states, $100 in 1913 is equivalent in purchasing power to about $3,021.92 today, an increase of $2,921.92 over 110 years. The dollar had an average inflation rate of 3.15% per year between 1913 and today, producing a cumulative price increase of 2,921.92%.
The Consumer Price Index (CPI) has been also manipulated in a spactacular manner in order to make it look better than the real thing, but the following table can give you an idea, as long as you are willing to multiply the increases by two:
What’s the math?
So, the Tooth fairy fetched $1.30 in 1998 (close enough to 2000), and by now, she is receiving $6.23, a 479% increase, whereas inflation is supposed to have lost only 45% in CPI towards the Federal Reserve’s charging interest to the taxpayer for issuing the taxpayer’s own currency.
The inflation calculator is even worse than the CPI:
https://www.in2013dollars.com/us/inflation/2000?amount=100
“$100 in 2000 is equivalent in purchasing power to about $173.73 today, an increase of $73.73 over 23 years. The dollar had an average inflation rate of 2.43% per year between 2000 and today, producing a cumulative price increase of 73.73%.”
Conclusion
It’s better business to be the Tooth Fairy than the Federal Reserve, alhough it is not the Tooth Fairy that is working on the deliberate and controlled demolition of the USD.
For more, here are my previous articles.
Does gold matter?
https://rayhorvaththesource.substack.com/p/where-is-americas-gold-and-why-does
The Petrodollar is dead and even more so than two months ago, when I wrote the following article:
https://rayhorvaththesource.substack.com/p/the-petrodollar-is-dead
For dental maintenance and treatment, you might want to check out the following two articles, remembering that the comments contain significant information (the articles were mostly for initiating discussions on the subjects):
https://rayhorvaththesource.substack.com/p/how-to-maintain-tooth-health
https://rayhorvaththesource.substack.com/p/what-are-the-alternatives-for-dental
There is an article this week from Children's Health Defense on another cost of teeth.
<https://childrenshealthdefense.org/defender/ntp-report-fluoride-lower-iq-children/>
The Covid scam seems to be a systemic practice.
I was lucky to get a nickel in the 1950's. I thought that a toonie for my wife's children's teeth in the 2000's was extortionate. The price of orthodontics and wisdom tooth extraction soon smartened me up.
Ray, I got a quarter, over 69 years ago, I suspect my 5-Year-old granddaughter will get $5.00 when she loses that first tooth. My boys got a $1.00.
SOMETIMES THE NEWS WRITES THE TITLE King of debt Joe Biden absurdly labels himself a ‘deficit hawk’ $20.5 TRILLIONMAN.
https://gailhonadle.substack.com/p/sometimes-the-news-writes-the-title
Do look at the comments as New spending has been reported and went in the comments. Can I crosspost?