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To: mylife

RE: I thought we were at the top at $800 LoL


According to the Inflation Calculator website:

http://www.westegg.com/inflation/infl.cgi

What cost $800 in 1985 would cost $1573.97 in 2009.

Also, if you were to buy exactly the same products in 2009 and 1985, they would cost you $800 and $390.92 respectively.

Gold is just adjusting to inflation.


13 posted on 11/25/2010 7:40:42 AM PST by SeekAndFind
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To: SeekAndFind

.....Gold is just adjusting to inflation......

Corollary:

Ditto housing except in locations where it got ahead of the curve


16 posted on 11/25/2010 7:46:28 AM PST by bert (K.E. N.P. N.C. D.E. +12 .....( History is a process, not an event ))
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To: SeekAndFind
Inflation? What inflation?


17 posted on 11/25/2010 7:47:42 AM PST by mylife (Opinions ~ $1 Half Baked ~ 50c)
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