Inflation during that time period was one of the highest on record for the US -- see ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt. CPI June 1977: 60.

Inflation during that time period was one of the highest on record for the US -- see ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt. CPI June 1977: 60.7 $13 million CPI June 1983: 99.5 $21.3 million