[ARC5] ARC-5 costs - and everything else

[J. Forster]

I don't believe the numbers.

I bought a new VW Bug in the mid 1960s about $1200
You can't get ANY car for $4800 to $6000 today.

Since about 1970, the number has to be near 6x or 8x to now.

The BLS cooks the books because so many government payments arwe linked to
it's stats.

-John

=================



> 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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