Story: We're fifty years into the future
Posted by: Christopher E. Meadows (Tuesday 19 October 2004, 10:43 PM)
Your comparison of a $50 product in 1954 to a $50 memory card today is a bit off. It fails to take into account inflation.
According to an inflation calculator I found via Google:
"What cost $50 in 1954 would cost $328.60 in 2003.
"Also, if you were to buy exactly the same products in 2003 and 1954, they would cost you $50 and $7.61 respectively. "
So a more valid price point comparison would be comparing that transister radio to a low-to-midrange PDA in today's world.
Full Talkback thread
Story: We're fifty years into the future
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Your comparison of a $50 product in 1954 to a $50... Christopher E. Meadows -
At first, I thought Rupert's calculations had... Anonymous -
I factored in changes in currency value. My... Rupert Goodwins
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