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Make that about 50 cents per bushel in the Great Depression instead of 50
Dollars. I forgot the decimal point.
Brent
-----Original Message-----
From: BrentinUtahsDixie <brente@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Sunday, May 23, 1999 5:50 PM
Subject: Gen: Inflation Rata Data
>One thing I wish I had was about 40 or 50 years of daily inflation Rate
data
>so that I could find the ratio of data to inflation. I've looked for this
>before but not found exactly what I wanted.
>
> For example; by my reasoning, the retail price of most things is about 5
>times more expensive then they were in about 1970. If you applied that to
an
>11000 Dow we would be at about 2200 which was about 1200 more than the Dow
>was back then. Gold would be about $55 per ounce. Sugar less than 1 cent.
>Wheat about $50
>per bushel (about the price it was in the worst of the great depression).
>Yes, I know that the ratio is not perfectly valid but I find it
interesting.
>
>Brent
>
>
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