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#1 |
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User
Join Date: Oct 2005
Location: Upstate New York
Posts: 1,255
Thanks: 126
Thanked 717 Times in 374 Posts
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That tree got it's ash kicked
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Laugh hard and often.Gary |
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#2 |
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Patron
LugerForum Patron Join Date: Dec 2007
Location: Illinois
Posts: 706
Thanks: 1,026
Thanked 409 Times in 225 Posts
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According to the Historical CPI-U Data the rate of inflation from Jan. 1970 to Nov. 2011 (last available), the rate of inflation was 598.4%. That would make a $25.00 item worth $149.60, a $29.00 item $173.40 and a $35.00 item 209.44. Still not a bad price for a Luger or a C96 Broomhandle.
Lon |
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#3 |
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User
Join Date: Sep 2006
Location: Canada
Posts: 256
Thanks: 74
Thanked 67 Times in 32 Posts
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Your math is not correct, you just calculated 25% out of 598.4 when in fact you had to multiply $25 by 598.4 rate of inflation which also won't be correct because it will not take into account compound effect of inflation over the years.
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#4 | |
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User
Join Date: Apr 2003
Location: Near NYC
Posts: 428
Thanks: 30
Thanked 64 Times in 37 Posts
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Quote:
... and that's not counting dividends! Jack
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Why do you guys hate black circles so much? |
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