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Old 07-22-2024, 11:30 PM   #7
Karl
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Join Date: May 2010
Location: Manawatu, New Zealand
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Default Re: Gasoline in the 30's and 40's

Quote:
Originally Posted by Model51 View Post
I think the license plate on the left of the picture has a 1940 date. If so, and using the Bureau of Labor Statistics inflation calculator, that 15.4 cent gas is the equivalent of $3.48 today.
I read somewhere that if you take any major commodity and compare its relative price with 50 years ago it is cheaper (relatively) now to what it was then.
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