I wrote:
>Adjusting for inflation gasoline was $2.00/litre , compared
>to $1.00 /litre in Canada today.
That must be adjusted for inflation. Where did that info come from?
It sounds about right.
This checks out. See:
http://www.bankofcanada.ca/en/dollar_book/appendixa.pdf
Quote: ". . . one [Canadian] dollar in 1914 would have the purchasing
power of $17.75 in 2005 dollars."
So, adjusting for inflation, based on the Montgomery book, 1 liter
cost $1.60, and 1 gallon cost $6.21. The book was published in 1929,
but I believe it describes pre-WWI society.
Gasoline is cheaper, but on the other hand we use much more and we
are more dependent upon it, so I am sure we devote a much higher
fraction of our income to it. Anyway we need energy that costs
thousands or millions of times less. Progress has stalled and people
are beginning to think that history is at an end. The history of
Greece, Rome and the Deep South in the U.S. shows how that can be a
self-fulfilling prophecy. Turn your back on progress and you will
regress, since society never stands still.
- Jed
