Archived posting to the Leica Users Group, 2012/10/14
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Sorry, that should have been "conversion factor is close to _15 or 20_", meaning the number of dollars required to buy a given German commodity in 2012 that cost $1 in 1966. ?howard Begin forwarded message: > From: Howard Ritter <hlritter at bex.net> > Subject: Re: [Leica] D800E pixel-peepers > Date: October 14, 2012 6:20:43 PM EDT > To: Leica Users Group <lug at leica-users.org> > Reply-To: Leica Users Group <lug at leica-users.org> > > And the other factor of 2 is more than accounted for by the deterioration > of the dollar against, first, the Deutschmark and then the Euro. The DM > was four to the dollar in the '60s, less than two to the dollar when the > ECM adopted the Euro, and still weaker agains the Euro now than then. I'd > say the conversion factor is close to 5, meaning that Leica has maintained > vitrual parity of the cost of the film M in its home economy. > > Unfortunately, the inflation of the USD has undone that. > > ?howard > > > On Oct 14, 2012, at 3:31 PM, Chris Crawford <chris at > chriscrawfordphoto.com> wrote: > >> Mark, that inflation adjusted price is LESS THAN HALF what a new film >> Leica (MP or M7) costs today. Less than half...the numbers don't lie, >> right? Leicas are considerably less affordable today. >> >> -- >> Chris Crawford >> Fine Art Photography >> Fort Wayne, Indiana >> 260-437-8990 >> >> http://www.chriscrawfordphoto.com My portfolio >> >> http://blog.chriscrawfordphoto.com My latest work! >> >> http://www.facebook.com/pages/Christopher-Crawford/48229272798 >> Become a fan on Facebook >> >> >> >> On 10/14/12 12:27 PM, "Mark Rabiner" <mark at rabinergroup.com> wrote: >> >>> 300 in '66 is $2,133.14 now. >>> http://data.bls.gov/cgi-bin/cpicalc.pl >>> >>> Mark William Rabiner >>> Photography >>> >>>> From: Frank Filippone <red735i at verizon.net> >>>> Reply-To: Leica Users Group <lug at leica-users.org> >>>> Date: Sun, 14 Oct 2012 06:58:57 -0700 >>>> To: Leica Users Group <lug at leica-users.org> >>>> Subject: Re: [Leica] D800E pixel-peepers >>>> >>>> In 1966, when I considered ( dreamed is more like it) buying a new M2r >>>> (cause it was cheaper) , the price was around $300. It was Middle Class >>>> affordable. >>>> My Contax RF kit, bought used from one of my Mom's teacher friends, was >>>> $100 >>>> and included 3 lenses and 2 bodies. It was more affordable. >>>> >>>> Frank Filippone >>>> Red735i at verizon.net >>>> >>>>> >>>>> Back in the day the M2/M3 were cameras that middle class wage earners >>>> could afford to own without stressing the family budget. >>>> >>>> >>>> >>>> >>>> _______________________________________________ >>>> Leica Users Group. >>>> See http://leica-users.org/mailman/listinfo/lug for more information >>> >>> >>> >>> _______________________________________________ >>> Leica Users Group. >>> See http://leica-users.org/mailman/listinfo/lug for more information >> >> >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information