Comments on: Inflation in the United States (1774-2007) http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/ Thu, 17 May 2012 22:40:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Real Money versus Fake Money | Now is Today http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-1652 Real Money versus Fake Money | Now is Today Sun, 12 Feb 2012 05:49:00 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-1652 [...] 2nd chart on this link.  Note that prices stayed nearly level from 1774 to the early 1900s. Then note the upswings.  The [...] [...] 2nd chart on this link.  Note that prices stayed nearly level from 1774 to the early 1900s. Then note the upswings.  The [...]

]]> By: Monetary Growth vs. Real Growth | Beyond Doom http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-1199 Monetary Growth vs. Real Growth | Beyond Doom Sat, 28 May 2011 01:03:51 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-1199 [...] For instance, consider the criticism that tethering an economy to gold would strangle growth. Isn’t money expansion via centralized fractional reserve banking with leveraged borrowing/lending essential for growth? Well, the US grew plenty without such a system before the 20th Century when the Federal Reserve was established (1913) and we went off the gold standard (1971). And our economic stability has arguably not improved since then, either. http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/ [...] [...] For instance, consider the criticism that tethering an economy to gold would strangle growth. Isn’t money expansion via centralized fractional reserve banking with leveraged borrowing/lending essential for growth? Well, the US grew plenty without such a system before the 20th Century when the Federal Reserve was established (1913) and we went off the gold standard (1971). And our economic stability has arguably not improved since then, either. http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/ [...]

]]> By: james http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-482 james Fri, 12 Dec 2008 21:04:12 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-482 i saw one of these, and the man determined.. and i agree to a certain extenet, that the inventio of the FED> and the elimination of the Gold Standard act were the biggest contributors to the massive increase i saw one of these, and the man determined.. and i agree to a certain extenet, that the inventio of the FED> and the elimination of the Gold Standard act were the biggest contributors to the massive increase

]]> By: Catherine http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-481 Catherine Mon, 25 Aug 2008 02:09:23 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-481 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://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-480 eric Sun, 24 Aug 2008 20:54:43 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-480 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://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-479 Cokehead Tue, 19 Aug 2008 06:04:51 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-479 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://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-478 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-478 [...] 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://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-477 Catherine Mon, 19 May 2008 14:47:22 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-477 Fix it. Thanks! Fix it. Thanks!

]]> By: Gabriel http://visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/comment-page-1/#comment-476 Gabriel Mon, 19 May 2008 09:17:08 +0000 http://www.visualizingeconomics.com/2008/05/18/inflation-in-the-untied-states-1774-2007/#comment-476 Typo in title. Typo in title.

]]>