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Take it backToday’s Dow 10,000 is really 7,537
From Instapundit:
CONSTANT-DOLLAR DOW: Today’s 10,000 is really 7,537. Or, in another metric: “It cost about 30 ounces to buy the 10,000 Dow last time. Now it costs less than 10.”
And here’s an interesting Bloomberg screen cap of the Dow over CPI –
(Link du jour Prasenjeet)
