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Rolex

Not a bad evolution

 

From a mere $175 the price is up 100 times over nearly 50 years.

I used some financial calculators and got some interesting number.

If the price of an item was 100 in 1963 it's present price equivalent would be approximately 1600.
10,000 of today's money would be worth 600 in 1963
The total rate of inflation since 1963 is 1580%

If we choose one example to match it would seem the lump sum value of 10k today comes closest to the market price.

Just crazy numbers they can tell us any story we want hear.

Bill

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