Comments on: Inflation in the United States (1774-2007) http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/ Making the "Invisible Hand" Visible Thu, 28 Aug 2008 05:40:33 +0000 http://wordpress.org/?v=2.3.3 By: Catherine http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-23341 Catherine Mon, 25 Aug 2008 02:09:23 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-23341 Re: GBP The CPI series was constructed by using the set of prices of the commodities in a consumer’s market basket but these prices are used only in the form of price relatives (ratio of price in current period to price in a past period), so that information on absolute prices is not necessary. So the currency used should not matter if the basket of commodities is the same. You can get more information here: <a href="http://www.measuringworth.org/uscpi/#" rel="nofollow">What Was the Consumer Price Index Then? A Data Study</a> Re: GBP

The CPI series was constructed by using the set of prices of the commodities in a consumer’s market basket but these prices are used only in the form of price relatives (ratio of price in current period to price in a past period), so that information on absolute prices is not necessary. So the currency used should not matter if the basket of commodities is the same.

You can get more information here: What Was the Consumer Price Index Then? A Data Study

]]> By: eric http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-23320 eric Sun, 24 Aug 2008 20:54:43 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-23320 It really didn't change until close to 1947, so truthfully, in the last 60 years we have witnessed inflation, not the last 335 years It really didn’t change until close to 1947, so truthfully, in the last 60 years we have witnessed inflation, not the last 335 years

]]> By: Cokehead http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-23015 Cokehead Tue, 19 Aug 2008 06:04:51 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-23015 1774? But..We were still using GBP's, right? How can that be accurate? 1774? But..We were still using GBP’s, right? How can that be accurate?

]]> By: Daily Links http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-18503 Daily Links Tue, 20 May 2008 18:34:33 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-18503 [...] Inflation in the United States (1774-2007) at Visualizing Economics I graphed the annual percent change of inflation (CPI) in the United States from 1774 to 2007 and then added a graph of the CPI index. This index takes $100 in 2007 and shows what the equivalent dollar amount is for each year. (tags: inflation infographic econ) [...] […] Inflation in the United States (1774-2007) at Visualizing Economics I graphed the annual percent change of inflation (CPI) in the United States from 1774 to 2007 and then added a graph of the CPI index. This index takes $100 in 2007 and shows what the equivalent dollar amount is for each year. (tags: inflation infographic econ) […]

]]> By: Catherine http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-18395 Catherine Mon, 19 May 2008 14:47:22 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-18395 Fix it. Thanks! Fix it. Thanks!

]]> By: Gabriel http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-18381 Gabriel Mon, 19 May 2008 09:17:08 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-18381 Typo in title. Typo in title.

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