25 Apr
2002
25 Apr
'02
5:57 a.m.
--- Bryan Pope <bpope(a)wordstock.com> wrote:
But can you really compare the smaller-faster-cheaper
of today *directly*
to what was available say, in 1980? Wouldn't that be like comparing how
much groceries were in 1980 without factoring in inflation?
No you cannot. Not directly. You can, if you care to take the time,
filter through publicly available economic data and adjust any price
sheet you want to "1970 dollars" or whatever benchmark suits. Personally,
I compare it to my own salary history (for stuff that for my own use).
YMMV
-ethan
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