SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pater tenebrarum who wrote (88082)3/30/2001 2:19:31 PM
From: dpl  Read Replies (3) of 436258
 
That graph was done by a researcher doing a study of inflation over the long term.He used the price of beans since it was the only thing that went back that far.
According to him inflation over the long term came in bursts followed by stable prices.The bursts were caused by social changes.The burst we are in now that started in the 30's is from goverment intervention.

He explains it with an example.A steak dinner now costs more than a steak dinner 100 years ago because you pay for more now than then.Now you pay for things like the employees income tax,SS tax,corp tax,regulations on the resteraun,all these taxes on the people that supply your company, etc.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News