Archived posting to the Leica Users Group, 1997/11/15
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]> Patrick wrote: > <<<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.<<<<<<< Ok, So why does Conde Naste still pay the same $350 as a standard rate on an assignment. Same amount in '68. Now how does the effective rate add up? And what does that do to the buying power value when faced with a predicament like Ted's? Danny Gonzalez