| ▲ | jltsiren 11 hours ago | |
$147 was ~€95 in July 2008, which corresponds to ~€140 today. Which would be ~$160. And if you choose a third currency, you will get a third price. Long-term measurements of value are kind of weird, as your unit of measurement can gain and lose value relative to the units other people are using. | ||
| ▲ | JumpCrisscross 11 hours ago | parent [-] | |
The currency is less fundamentally meaningful than the group of purchasers buying their basket of goods. > Long-term measurements of value are kind of weird They are worthless. Best case, you’re asking a traveler problem. Does an American tourist rejecting a local Thai delicacy render it worthless? Of course not. They’re different purchasers. Similarly, trying to compare pricing preferences across centuries is borderline voodoo—you’re doing spherical-cow math. | ||