![]() |
![]() ![]() |
![]() |
![]()
Post
#76
|
|
![]() Oh baby bring me down ![]() Group: Agents Posts: 4,115 Joined: 23-February 06 From: Way out yonder Member No.: 68 ![]() |
Its about time.
-------------------- Southern Rock, beer and bears!
![]() |
|
|
![]()
Post
#77
|
|
![]() Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 ![]() |
yeah I noticed that story while I was looking at the AJ about the damn house directly behind mine being burned down via arson....
Suffice it to say during my 9 years in Lubbock I saw at least 3-4 attempts to make the county wet, none of which succeeded. I'll believe it when I see the goods on the shelf. |
|
|
![]()
Post
#78
|
|
![]() Why so serious? Group: Global Moderators Posts: 5,286 Joined: 22-February 06 From: Fate, TX Member No.: 4 ![]() |
-------------------- |
|
|
![]()
Post
#79
|
|
![]() Group: Moderators Posts: 1,591 Joined: 23-February 06 Member No.: 31 ![]() |
woah...
![]() -------------------- Don't sweat the petty, pet the sweaty.
|
|
|
![]()
Post
#80
|
|
![]() Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 ![]() |
well.. it's the first time ever that the government's bailed out the largest mortgage companies... why would you be so surprised?
|
|
|
![]()
Post
#81
|
|
Fool Group: Members Posts: 2,127 Joined: 23-February 06 From: LBB Member No.: 56 ![]() |
-------------------- Spam? Isn't that something poor people eat?
|
|
|
![]()
Post
#82
|
|
![]() Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 ![]() |
|
|
|
![]()
Post
#83
|
|
Fool Group: Members Posts: 2,127 Joined: 23-February 06 From: LBB Member No.: 56 ![]() |
$0 adjusted for inflation is still $0. Look at the scale! Just because it's pretty damn close to the line doesn't mean it's $0, especially way back in the 1920's. Obviously, there's not much adjusting needed for the modern era, but there does seem to be some spikes around early 1920's, early 1930's, early-to-mid 1970's, and 1986-87. The very first spike, which seems to correspond to WWI, is easily representative of several billion dollars. QUOTE ("http://www.measuringworth.com/") Current data is only available till 2007. In 2007, $3,000,000,000.00 from 1916 is worth: $58,461,090,225.56 using the Consumer Price Index $41,541,358,581.06 using the GDP deflator $121,641,190,667.74 using the value of consumer bundle * $218,973,214,285.71 using the unskilled wage * $281,659,520,947.03 using the nominal GDP per capita $834,492,974,758.21 using the relative share of GDP Pick your scale and the numbers of today don't seem nearly as drastic. -------------------- Spam? Isn't that something poor people eat?
|
|
|
![]()
Post
#84
|
|
![]() Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 ![]() |
I did look at the scale. Look at that 1985 peak, at most that's $10 billion. you think 1985 $10 billion translates to $175 billion 2008?
And by your own post, $3 billion in 1916 = $58 billion in 2008. Still nowhere near $175 billion. I will agree with you it's dumb to look at something like that without inflation, and whoever created it probably just wanted the "woah" reaction from people like cmac, but still. |
|
|
![]()
Post
#85
|
|
Fool Group: Members Posts: 2,127 Joined: 23-February 06 From: LBB Member No.: 56 ![]() |
For my purposes, I'm going to choose to use the Nominal GDP per Capita value as it proves my point the best
![]() -------------------- Spam? Isn't that something poor people eat?
|
|
|
![]()
Post
#86
|
|
![]() Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 ![]() |
well I got on a couple other inflation sites and most of them agree w/the lower numbers
![]() |
|
|
![]()
Post
#87
|
|
![]() Why so serious? Group: Global Moderators Posts: 5,286 Joined: 22-February 06 From: Fate, TX Member No.: 4 ![]() |
-------------------- |
|
|
![]()
Post
#88
|
|
![]() Group: Members Posts: 10,620 Joined: 23-February 06 From: Houston, TX Member No.: 48 ![]() |
yeah I saw $3.58 down here yesterday (even after people new the storm was on its way)
|
|
|
![]()
Post
#89
|
|
![]() New son Donovan Charles Mummert born July 17, 2008 Group: Members Posts: 8,635 Joined: 22-February 06 From: Port Wentworth, GA Member No.: 15 ![]() |
I'm hoping gas is below $3.20 when we make our drive to Georgia in a little over 3 weeks... Doubtful... but one can dream
|
|
|
![]()
Post
#90
|
|
![]() Why so serious? Group: Global Moderators Posts: 5,286 Joined: 22-February 06 From: Fate, TX Member No.: 4 ![]() |
-------------------- |
|
|
![]() ![]() |
Lo-Fi Version | Time is now: 10th September 2025 - 11:07 PM |