Arthur wrote: > http://www.eh.net/ehresources/howmuch/dollarq.php > > To translate the purchasing power of the US dollar among all the years > between 1665 and 2003...
Okay. Going to http://eh.net/hmit/ and scrolling down to "Data sets", I fetch the CPI, CPI-bundle and per capita GDP data from 1870 (i.e. starting after the Civil War) to 2009. And there's a hook circa 1970. Plotting their US population numbers for those years, it looks nearly linear. The baby boom barely shows. But what explains that CPI and pcGDP are (very roughly) linear up to late 60s and then hook around a corner to become (once again, roughly) linear but with a much, much steeper slope? Some of you economics-literate guys wnat to tell me what I'm looking at? On a personal note, in 1968 I was living in rural Massachusetts, reading the NYT and predicting that everything was going to go all wonky Real Soon Now. Moved to rural Nova Scotia in 1969 with no electricity. No radio or TV, no NYT or G&M available. News of various big things happening of course reached me -- Apollo, oil embargo etc. -- but from my vantage point things didn't go all wonky. But plotting these data suggests that they did, just about then. So what did I miss? - Mike -- Michael Spencer Nova Scotia, Canada .~. /V\ [email protected] /( )\ http://home.tallships.ca/mspencer/ ^^-^^ _______________________________________________ Futurework mailing list [email protected] https://lists.uwaterloo.ca/mailman/listinfo/futurework
