[Elecraft] Price Comparisons

[Matt Zilmer]

Chile had this problem too.  Sometime in the 1980's.

matt W6NIA

On Mon, 13 Jun 2011 23:37:43 -0500, you wrote:

>
>Which South American Nation had inflation so bad that when people got paid they
>immediately bought electronics and appliances with their paychecks, because the
>value of those goods were rising faster than their inflation?
>
>I want to say it was Colombia...
>
>73,
>Tom
>Amateur Radio Operator N5GE
>
>
>On Mon, 13 Jun 2011 23:35:24 -0400, Don Wilhelm <w3fpr at embarqmail.com> wrote:
>
>>  Yes, inflation was rampant in the 1970's.  I was fortunate:
>>A house that I purchased for $26K in 1969 sold in 1975 for $40k, and the 
>>house that I bought in 1975 for $42k sold 5 years later for $83k.  That 
>>"profit" enabled me to have a house built in NC with little increase in 
>>my mortgage payments - and the same inflation continued through 1993 
>>when that same house sold for $135k.  It was a great "boom" for housing 
>>prices, and well before the advent of "creative" mortgage derivatives.
>>
>>During that same period, the price of gasoline went from $0.35 per 
>>gallon to well over $1.50.
>>I don't recall my salary increases during that period, but the general 
>>expectations were as Ron has recounted.  It was a time of economic 
>>turbulence, but unlike the economic downturn we have had recently where 
>>many jobs have been slashed -- most people kept their jobs during that 
>>1970/80s turmoil.
>>
>>73,
>>Don W3FPR
>>
>>On 6/13/2011 11:06 PM, Ron D'Eau Claire wrote:
>>> On reflection, I mis-spoke. Inflation in the USA topped 15% during the 70's,
>>> hitting nearly 20% some years.
>>>
>>> Ron AC7AC
>>>
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