[fella]

In 1961 my Dad gave me a 20 dollar bill, today I would have to give my Grandchild over 150 dollars to equal the buying power. No wonder the 'Progressives" want to kill off the older generations, we remember to much.

[fella]

Oooops missed an n and spell check doesn't work when posting.

[DainBramage]

I like inflatio. It usually ends after you get married.

[Truth29]

The truth is even more dramatic. This calculator uses the BLS CPI as its basis. The Federal government has been redefining the CPI to lessen its impact and continues to do so. I just love it when the monthly announcement of a low CPI increase is made with the footnote that it excludes food and energy. Another example of reduction adjustments is when the consumer substitutes a cheaper item because the original has become too expensive. That substitution is considered an equivalent exchange and therefore the increase in cost of the more expensive/higher quality item is not considered in the CPI calculation. Short version: the books are cooked.

[FoxPro]

What did Henry Ford get the price of a Model T down to?

$260 or so.

$6,100 today.

[Dick Vomer]

PING

[Chickensoup]

Doesnt work very well. I bought a Pinto for 2000K in 1973 and the calculator tells me that a cheap car would cost over 100K now.