Archived posting to the Leica Users Group, 1996/05/06

[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]

To: leica-users@mejac.palo-alto.ca.us
Subject: Re: Lens Hood Prices
From: Marc James Small <msmall@roanoke.infi.net>
Date: Mon, 06 May 1996 21:18:56 -0400
Cc: pgs@thillana.lcs.mit.edu (Patrick Sobalvarro)

Thank you, Mr Sobalvarro!  Your hardcore economic computations are most
interesting.

One other factor not cranked into the CPI:  the German mark at that time was
kept artificially low, a factor which increasingly skewed the European
economic scene until they were forced to up the exchange rate to market
value in the early 1970's under the 'Grand Coalition'.  The 'Four-to-One
Mark', while a truly sweet thing for GI's stationed in Germany until 1973 or
so -- beer could be had for 25 cents or less, a true crowd-pleaser to those
Enemies of Darkness and Warriors for Freedom, enabled Leica and VW and many
other German companies to sell their products over here at artificially low
prices.

Perhaps a German LUG member can enlighten us on the German CPI increase
since 1960!

Marc
msmall@roanoke.infi.net  FAX:  +540/343-7315
Cha robh bas fir gun ghras fir!