3 ms·
It would be interesting to see what those values are equivalent to in today's money. Of course, that might be pretty hard to estimate given they pre-date any ce
by Xophmeister 10y ago
It would be interesting to see what those values are equivalent to in today's money. Of course, that might be pretty hard to estimate given they pre-date any central bank and presumably the notion of interest rates. Perhaps the variety of goods listed here could be used to estimate some semblance of a comparable RPI.
- pjc50 10y agoVarious people have worked on this kind of thing, such as https://measuringworth.com/gold/ https://measuringworth.com/gold/ "The Price of Gold, 1257 - Present", their broader purchasing power calculator https://www.measuringworth.com/calculators/ppoweruk/ https://www.measuringworth.com/calculators/ppoweruk/ or this big archive: http://projects.exeter.ac.uk/RDavies/arian/current/howmuch.html http://projects.exeter.ac.uk/RDavies/arian/current/howmuch.h... Classical studies have reasonably good models of the Roman economy, its inflation and comparative prices for goods and services.