Thursday, August 12, 2010

Gimme Shelter

Some people say they don't see inflation.
From Daily Reckoning at http://dailyreckoning.com/

In 1970, a year after the Rolling Stones released the greatest rock 'n' roll track of all time, you might have picked up a front-row ticket to see the British invaders for around $20. Adjusted for "official" inflation, that same ticket (or any other $20 item) would today set you back $112.35. That's a 461.8% jump in price. (Adjusted for unofficial inflation - i.e. actual prices - a front-row Stones ticket would cost something like $350). Some safekeeping!

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