Archived posting to the Leica Users Group, 1997/11/14

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Subject: Re: Footloose Finders?
From: "Patrick G. Sobalvarro" <pgs@sobalvarro.org>
Date: Fri, 14 Nov 1997 11:29:17 -0800

At 10:22 AM 11/14/97 -0500, ted grant wrote:
>But in those days, (late '60's) I replaced it with a new one for $90. CDN
>dollars. Damn if only those prices were still available!

Those prices are still available.  I don't have Canadian cumulative CPI
data to hand, but the economies are so closely linked that using U.S. CPI
data is probably reasonable.  CDN$90 in 1967 was US$81 (exchange rate then
was $0.90CDN/US).  Inflation from 1967 until today (as measured by U.S.
CPI) has been a factor of 4.83, meaning that those US$81 had the buying
power of US$391.23 today.  At the current exchange rate of CDN$1.00 =
US$0.73, that's CDN$535.93.  

I don't know price of the Leica 21mm finder, but I'd be surprised if it
were much more than US$391 or CDN$536.

Sorry to harp on this, but the notion that Leicas (or most other things)
used to be much cheaper is something of a personal bete noire.

- -Patrick