. . . in World War II dollars

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1 total messages Started by RHG Sat, 02 Jan 1993 18:29

#688

Author: RHG
Date: Sat, 02 Jan 1993 18:29

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I struck the mother load when I asked for a formula to convert World
War II dollars to dollars of the 1990s, allowing for inflation.  I
see it's not so easy as I thought.

But I received a lot of suggestions, and will follow them up in the
next week or two.  A few of you asked me to post what I decide to do,
and I shall.

A few others asked me to be more specific.  Ok.  A certain torpedo cost
$10,000 in 1943.  A $100 reward was offered by the Navy to anyone who
would find lost torpedoes.  Mobilizing scientists (through OSRD) in
1941 cost $500 million.  And $25,000 was allocated to develop a certain
torpedo "trigger."  I would like to be able to add a note:  "an amount
equal to $____ in 1993 dollars."

Maybe I shouldn't.
======================================================================
Robert Gannon              |  Bitnet:    RHG@PSUVM
35 Burrowes Bldg.          |  Internet:  RHG@PSUVM.PSU.EDU
Penn State                 |  Phone:     814 355-4800 or 355-0943
University Park, PA 16802  |  Fax:       814 863-7285

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