Quote:
Originally Posted by darcane
Interesting, but I'm not sure how valid the numbers are.
"inflation adjusting" is typically based off the Consumer Price Index (CPI). The CPI leaves off large segments of the economy, so it's a little off anyways, but one of those segments is energy, which includes gasoline.
So, using an Index that ignores gasoline to adjust the price of gasoline is inherently flawed IMO.
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That was just the one I happen to have on hand.
I am very happy to bow to another more 'valid' Inflation adjustment .. I welcome that... by all means post your version of the ~60 year inflation adjusted graph .. I'd love to have another , possibly more 'valid' graph.