Hi Darrell !
Wow, Totally awesome analysis !!
As they say here in the south, who would have ever THUNK it !
Hee Hee... quite an analysis including the CPI and all.
Thanks for that very interesting summary on the $$$ DLR / Vs. / Yen
over time.
Best 73's
Sayonara
Carol
> Hi Carol and everyone,
> Thanks for the interesting analysis! Actually, exchange rates are a
> little
> tricky, as my students will tell you. The exchange rate in July 1971
> was
> Y357=$1. We need to adjust for effects of inflation since 1971 (CPI
> was 40.6
> in July 1971, and 183.30 in April 2003). This means that what cost
> $40.60 in
> July 1971 now costs $183.30, or about 4.5 times the cost in 1971 $.
> The
> actual price of the FT101 would be $1745.00.
>
> Here's the details and relevant websites if anyone is interested.
>
http://www.swcollege.com/bef/econ_data/current_account/current_account_da
ta.html
>
> 1971 015358.02 NA NA
> 1971 025357.55 -1.564% NA
> 1971 036357.52 -0.101% NA
> 1971 049357.50 -0.067% NA
> 1971 052357.41 -0.302% NA
> 1971 062357.41 0.000% NA
> 1971 073357.40 -0.034% NA
> 1971 086355.78 -5.306% NA
> 1971 092338.02 -45.908% NA
> 1971 108331.11 -21.953% NA
> 1971 117328.75 -8.226% NA
> 1971 123320.07 -27.465% NA
>
>
> Y138,000= $386.55 in USD in July 1971 (the rate was stable the first
> half of
> the year).
> Next we need to adjust the USD purchase value by finding out the CPI
> value
> to adjust for inflation in the US.
>
> CPI Historical Data
> http://research.stlouisfed.org/fred/data/cpi/cpiaucsl
>
> Consumer Price Index For All Urban Consumers:
> All Items
> 1982-84=100, Seasonally Adjusted
> Source: U.S. Department of Labor, Bureau of Labor Statistics
>
> DATE CPIAUCSL
>
> 1971.01 39.9
> 1971.02 39.9
> 1971.03 40.0
> 1971.04 40.1
> 1971.05 40.3
> 1971.06 40.5
> 1971.07 40.6
> 1971.08 40.7
> 1971.09 40.8
> 1971.10 40.9
> 1971.11 41.0
> 1971.12 41.1
>
> The April 2003 CPI was 183.3. This means that what cost $100.00 in
> the base
> year of the index (1982) now takes $183.30 to buy. Going back to
> July 1971,
> we see the CPI adjusted backward from 1982 was 40.6, meaning it only
> cost
> $40.60 to purchase the same goods, which now cost $183.30.
>
> OK, so if the FT101 cost us $386.55 in July 1971, adjusting for
> inflation
> into today?s dollars, the index has climbed from 40.6 to 183.3, or
> about 4.5
> times. This means the FT101 actually would cost us $1745.00 in
> today?s
> dollars, adjusted for inflation.
>
> 73 Darrell AB2E
> Oyasuminasai (see ya later)
>
>
> >From: Carol L Maher <w4clm.ham@juno.com>
> >To: yaesu@contesting.com
> >CC: kevin@stephentech.com, n1yn@hotmail.com, k9kxq@bellsouth.net,
> >g3lll@onetel.net.uk
> >Subject: [Yaesu] Sugamo Toyomura FT-101 Y138,000 (Trivia for the
> day)
To: <yaesu@contesting.com>
> >Date: Wed, 28 May 2003 04:10:53 +0100
> >
> >Hey Guys,
> >Now here's neat piece of trivia for the day. I just acquired a
> Japanese
> >copy of the December 1971 CQ Magazine in Japanese.
> >Boy it's fun to look through that. If you know where I can find
> >any more of these, please let me know.
> >
> >In 1971 the FT-101 sold for 138,000 Yen.
> >In todays dollars, I think we are looking at the current exchange
> rate
> >of something like 113 Yen to the Dollar. So if we were to buy the
> FT-101
> >from Toyomura's in Tokyo at todays prices it would cost you
> >$1,221.23 cents
> >Y138000/113= $1,221.23 in todays dollars.
> >
> >The FL-2100 Amplifier was Y79,800 Yen
> >$706
> >Y79800/113= $706 in todays dollars
> >
> >The FV-101 VFO sold for Y19,500 Yen
> >&
> >The SP-101 Speaker sold for Y 4,300 Yen
> >
> >Maybe you had better take care of that old FT-101, it's going up in
> Value
> >!!
> >Hi Hi.
> >73's
> >Carol
> >W4CLM
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>
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> End of Yaesu Digest, Vol 6, Issue 2
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