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by EliRivers
4147 days ago
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Could you point me to any source where it is calculated? Here's one to play with
http://www.measuringworth.com/ppoweruk/ I don't need it though. I have something in my hand right now that I could have sold for literally a million times as much only 60 years ago. I can buy enough food for a year on a single weeks wages. Compare and contrast to an indentured peasant who worries if he's going to starve this year. I can travel to the other side of the planet and come back. This is something I can purchase on about a week's wages. The cost to someone three hundred years ago to doing this was so much higher, and given that I can get there and back in less than 48 hours, it doesn't even begin to compare. My purchasing power (i.e. the things I can buy), compared to someone like me three hundred years ago, is so, so, so much more than a measly 400 times theirs. |
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