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As long as we are talking about the Fed - prices in 1913, the year Fed created

striketheroot2

Dec 27, 2009 09:38AM

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Re: As long as we are talking about the Fed - prices in 1913, the year Fed created

in response to

As long as we are talking about the Fed - prices in 1913, the year Fed created

striketheroot2

posted on Dec 27, 2009 05:24PM

So aren't these 1913 prices for the most part in par with today prices?

For example,

average 1913 income $1296 divided by $20.67 = 62.69 times 11104.1 = $69,226 today

new 1913 car $490 divided by 20.67 = 23.70 times 1104.1 = $26,173 today

dow and gas are out of whack.

Re: As long as we are talking about the Fed - prices in 1913, the year Fed created