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To: waverider who wrote (21964)5/13/1998 9:18:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
Diamond...how much di it cost in paper $ to rent a house 20 years ago?
How much does it cost now?(same house)

Try anything just about...it works the same. That is inflation. It takes more paper $ to buy the same thing that it used to. My folks paid 16k for their house in 1967 and sold it 2 years ago in the Calif recession for 129k....if that isn't inflation then what is?

Read greenspan's article on the gold standard. It says it all ...