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<p>[QUOTE=&quot;GoldFinger1969, post: 2108786, member: 73489&quot;]Compounded annually, I get $752,293.62. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><br /></p><p>Inflation would have been a NON-EVENT for a good part of that 200 years as the general price level was UNCHANGED through the early-1900&#039;s.</p><p><br /></p><p><b><span style="color: #0000ff">A rough GUESTIMATE is that while the financial investment went up 752,000x the price level only went up about 20-fold. </span></b>Remember, from 1815-1914 the price level was generally the same.</p><p><br /></p><p>When doing long time-series comparisions, you need to make 2 adjustments: </p><ul> <li>Use rolling periods to come up with average or median results, which eliminates beginning and end-period bias.</li> <li>Remember that major changes maybe have permanently changed the landscape (i.e., creation of Fed in 1914, end of gold standard 1971, end of fixed exchange rates 1973, prohibition/legalization of gold,etc.).</li> </ul><p>[/QUOTE]</p><p><br /></p>

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