Puester wrote:

> When I was a kid in the mid 50's my parents owned a grocery store.
>
> a loaf of bread was 15 cents
> Rice Krispies were 15 cents a box
> a large candy bar was a nickel
> most penny candy was 3, 4 or 5 for a penny
> so 5 cents would get you a small sackful
> a bar of soap was a nickel
> a can of Campbell's soup was 15 cents
> potatoes were 3 cents a pound and when there was a bad crop
> and they went to 5 cents, many people stopped buying them
> cigarettes were 25 cents
> a package of gum was 5 cents
> a half pint of milk at school was 2 cents a day
> a well-balanced school lunch was 25 cents


Multiply those prices by a factor of around 7 for inflation purposes,
and some of those items are roughly the same price today (at least on
sale) 'Cept for cigs, which are around seven bux a pack today (in
Chicawgo at least)...movie admissions have also really shot up.
School milk and lunches were and are subsidised or even free for those
that qualify.



> The Vietnam War caused our first major inflation. Wait'll you see what
> the war in Iraq does.


The biggest surge in inflation was right after the end of WWII, very
few goods and huge amounts of money floating around. The price of
things that weren't price - controlled during WWII, e.g. real estate,
luxury goods, surged greatly during the war...

--
Best
Greg