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Re: [OM] The coming generation of 35mm CCD digital cameras (EOS future)

Subject: Re: [OM] The coming generation of 35mm CCD digital cameras (EOS future)
From: Jim Brokaw <jbrokaw@xxxxxxxxxxx>
Date: Tue, 07 Jan 2003 21:48:20 -0800
on 1/7/03 7:09 PM, Joe Gwinn at joegwinn@xxxxxxxxx wrote:

> The highest inflation rate the US got was ~210er year, in the 1970s.
> Reagan put a stop to it.
> 
> In some South American countries the inflation rate is very high, like 400er
> month, if I recall the newspaper accounts.  The end is neigh; they will soon
> collapse.  Even if it's only 400er year.
> 

I remember it only got up to about 14% about 1980-81 (?) and much of that
was due to a runup in oil (gasoline) prices due to the fall of the Shah of
Iran... Maybe mortgage rates went as high as 21%, they typically run about
3-50ver the inflation rate.

Another point to make is that 'inflation' is really a measurement of the
price increases in a 'basket' of goods and services; if you are a consumer
of specialized services or goods that aren't measured in the government's
'basket' your -personal- inflation rate could be much higher... just look at
the price of titanium OM-3's for instance...
-- 

Jim Brokaw
OM-'s of all sorts, and no OM-oney... 


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