[ARC5] ARC-5 costs and everything
Kenneth G. Gordon
kgordon2006 at verizon.net
Thu Feb 18 22:31:23 EST 2010
Go to:
http://www.westegg.com/inflation/
and take a close look at the various values.
The value of our dollar stayed pretty much the same from 1780 through
1913...then started its precipitous slide to its present value.
For instance, if you take the value of anything from about 1880, to get the
present "value" in dollars, multiply the 1880 value by 26, more or less.
Things have not gotten more expensive: our dollar has become worth
less....or worthless, if you would rather.
For instance, you could walk into a car dealership in 1930 and plunk down 20
ea $20.00 gold pieces for a new Ford or Chevy. That's $400 then.
You can take those same $20.00 gold pieces (assuming the car dealer would
know what to do with them), and plunk them down for a new $18 to $20K car,
the "value" of an ounce of gold presently hovering around $1K/ounce.
I say it is disgusting.
Ken Gordon W7EKB
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