[ARC5] ARC-5 costs - and everything else
Mike Morrow
kk5f at earthlink.net
Thu Feb 18 21:25:19 EST 2010
John wrote:
>I believe the figure-in is correct. Comic book at 5 Cents, with to
>todays cost of $5.00: so $95.00 * 100 = $9500.00 thats about right.
The dollar hasn't dropped in value anywhere near that much.
According to the US BLS inflation calculator at
http://data.bls.gov/cgi-bin/cpicalc.pl
a 1975 dollar was worth about 4 2009 dollars, and
a 1945 dollar was worth about 12 2009 dollars, and
a 1940 dollar was worth about 15 2009 dollars, and
a 1913 dollar was worth about 22 2009 dollars.
I can certify from experience the validity of the 1975 number.
It's the eternal time-value of money problem.
Mike / KK5F
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