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Post by slick63 on Mar 16, 2017 11:23:16 GMT -5
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Post by volkssturm on Mar 16, 2017 18:55:22 GMT -5
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adrg
Private
Posts: 210
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Post by adrg on Mar 17, 2017 1:37:38 GMT -5
Well - let's not forget that in those years there wasn't an open currency market. So those costs are estimate and won't translate in buying power in each country. I recall very well that during the communism era the Romanian currency was considered like 6:1 for the US$. Real exchange in buying power was at least double but there wasn't a free market to say exactly - also there wasn't anything worth buying in our stores. Except US costs, let's take everything else with a grain of salt - or more.
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2nd Bat
Master sergeant
Posts: 11,813
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Post by 2nd Bat on Mar 17, 2017 14:07:52 GMT -5
I like to use the cost of gasoline, autombiles or a loaf of bread or gallon of milk as a constant to gauge inflation. I am old enough to remember when gas was .24 a gallon a $100,000 house was a mansion on the lake and a $10,000 car was a XKE convertible, a Mercedes 280 convertible or a Shelby Cobra if you were okay with no roll up windows. i'm NOT old enough to remember but A new car in 1940 was about $1,100.00. $12,000 a year was a really good salary.
Weapons were produced in such mass volume with maximum efficiency in mind. Costs on them were optimized as was the case with all military goods. It's hard for us today to recognize the degree that war consumed production.
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