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 Post subject: Inflation!!!
Post #1 Posted: Sat Mar 01, 2014 9:15 pm 
Oza

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I was looking through an old BGA magazine today. It was the March 1972 issue, so 42 years ago. There was an ad in it for the British go congress. The prices were amazing, even for those days: £4.20 for accommodation (2 nights) and £0.40 entry fee. Meals were £0.43 each. I'm not sure what the exchange rate was at the time (I am guessing around 2.5:1) but that translates to an entire congress, meals and lodgings for less than $20. What is it going to cost to attend this years US Congress in NYC?

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 Post subject: Re: Inflation!!!
Post #2 Posted: Sat Mar 01, 2014 9:57 pm 
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It's amazing what high double digit interest rates do to prices (or inflation to interest rates).

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 Post subject: Re: Inflation!!!
Post #3 Posted: Sat Mar 01, 2014 10:24 pm 
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Imagine what the 2056 congress will cost! :blackeye:

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 Post subject: Re: Inflation!!!
Post #4 Posted: Sun Mar 02, 2014 9:36 am 
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If this page is accurate http://safalra.com/other/historical-uk- ... onversion/

£4.20 in 1972 would be £50 today, or about $83.

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