Archived posting to the Leica Users Group, 2014/01/11
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]"rate of inflation" = CPI -----Original Message----- From: lug-bounces+alal=poly.edu at leica-users.org [mailto:lug-bounces+alal=poly.edu at leica-users.org] On Behalf Of Paul Roark Sent: Saturday, January 11, 2014 12:57 PM To: Leica Users Group Subject: Re: [Leica] The Real Cost of Leicas > > ... "rate of inflation" ... That's a phrase that is subject to many interpretations. I recall when I spent a summer in Alaska in 1969. People thought I'd starve on the $300/month stipend. They cited the cost of milk and beef -- outrageous. But, what I found is that dehydrated milk was the same cost as in California, and fresh salmon and crab were cheap. We lived rather well on that. How the "shopping bag" of goods measured is altered regularly from what I can see. With cameras that are for hobbies, the amount of disposable income might be the appropriate thing to look at, and that might indirectly include (in an inverse relationship) the housing and car costs. For business, it's really a question of return on investment. In that respect, digital has increased the cost of my "hobby," but it has lowered my "cost of business" (due to huge productivity gains). Paul www.PaulRoark.com _______________________________________________ Leica Users Group. See http://leica-users.org/mailman/listinfo/lug for more information