Author: Dee
Date: 1999-07-06 17:41
paul wrote:
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Wow! Only $2 for a single volume of a drill book back in the early 1940's? Due to monetary inflation, that would make the book worth about, what, maybe $200 today? The average cost of a drill book today is from $12 to $14 retail. That's only a six or seven fold increase due to inflation.
In retrospect, today's prices aren't too bad, especially if you compare the amount of material made available in each volume.
Now, if only software (an unknown item in the early 1940s) would be such a bargain today.
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Software *is* such a bargain today. Back in the 60s when database software was nearly non-existent, you had to have software custom written for your company. The cost was hundreds of thousands of dollars to do so. Today you can go out and get Microsoft Works for around $50. Although it is considered a simple program by current standards, it has more capabilities than these early custom packages. On top of that, it has a spreadsheet and word processor that would beat the socks off anything that was available back then and it costs less.
You really should have looked up the average inflation since the 1940s before throwing out such a guess. The average would not have been a factor of 100. Plus some things inflated worse than others while some items have actually held steady, gone down, or simply didn't exist then (like software). For example, today you can buy a black and white television for down around $50. When I was a small child (back in the 1950s) that television was around a couple of hundred dollars, more than some of today's color sets.
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