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Politics : Foreign Policy Discussion Thread

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To: kumar who wrote (4403)	2/20/2003 2:08:21 AM
From: Bill Ulrich	Read Replies (1) of 15987

According to the Economic History calculator: £712,596.01 in the year 2001 has the same "purchase power" as £10,000 in the year 1773. eh.net Some notes on its methodology here: eh.net (They suggest a conversion of 1.35 for £ London to £ Massachusetts ("Massachusetts pound"), in use during that time) A rough thumbnail for the "today's dollar": "...we find that £400 Massachusetts currency in 1774, when adjusted for inflation, works out to have been worth about $28,000 United States currency in the year 2000."

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