re: ism index
'Since the Fed was founded in 1913, the U.S. dollar has lost an incredible 95 percent of its purchasing value. (They don't like to talk about his on CNBC, either.) Yes Virginia, you really could buy a loaf of bread for only a dime back then, and it would pass for the same freshly baked, whole-grain "gourmet" breads that goes for $4.00 a loaf today. '
Interesting isn't it. I wonder what a topflight laptop computer would have cost back then. Say US$2500 now, in 1913 it would have cost US$125. Take me back to 1913 please.... (but give me todays income).
Cheers
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