[Hallicrafters] inflation

[Peter Markavage]

The value of a printed stamp, in this case 5 cents, doesn't change with
inflation. If they printed a 5 cent today, it's value is still 5 cents. I
will agree that the paper and printing costs have gone up from 1965 to
2008 but the value of the stamp in real dollars (or cents in this case)
hasn't changed. What has changed is what you can "buy" for 5 cents today
verses what you could buy for 5 cents in 1965. Same goes for money. A 5
dollar bill in 1965 is still a 5 dollar bill in 2008 unless of course you
have one where Lincoln's portrait is printed upside down or some other
strange rare printing anomaly.

Pete, wa2cwa
http://www.manualman.com

 
On Thu, 29 May 2008 11:47:56 -0700 <lrlayton at cox.net> writes:
> Those 5 cent amateur radio stamps stamps from 1965 would cost around 
> 35 cents in todays money. A Hallicrafters SX-117 that sold for $379 
> in 1965 would be a whopping  $2584.70  now,  and todays gas at $4.00 
> would be equivalent to  59 cents a gallon back then. The problem is 
> that the dollar just isn't worth much these days!
> 
> These numbers are from the governments own inflation calculator at 
> http://data.bls.gov/cgi-bin/cpicalc.pl
> 
>  
> 
> 
> 
> ---- Peter Markavage <manualman at juno.com> wrote: 
> > I still have several 3 cent stamps (I think they had the Statue 
> of
> > Liberty on them) that I've never used. Plus, I still have a bunch 
> of
> > unused 5 cent Amateur Radio stamps that they issued "back in the 
> good old
> > days". 
> > 
> > I also have a refund check for 10 cents issued by the U. S. 
> Government to
> > some Private in the Army back in 1951 or 52. It's amazing the 
> things you
> > find stuck in the pages of old manuals.
> > 
> > Pete, wa2cwa
> > http://www.manualman.com
> > 
> >
> ______________________________________________________________
> 
> 
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