The Daily Mirror

Larry Harnisch reflects on Los Angeles history

« Previous Post | The Daily Mirror Home | Next Post »

Cost of Living at a Historic High

Dec. 10, 1919, Briggs 

“Oh, Man – and Woman!” by Clare Briggs

Dec. 10, 1919, Cost of Living

April 3, 1920, Economy

April 3, 1920: Former bank executive Frank A. Vanderlip says the American economy is unsound. "Unrestrained extravagance is our national keynote, and the capital of the smaller capitalists, when it isn't dried up by tax, is being squandered in the purchase of unproductive things," he says.

Dec. 10, 1919: The cost of living rises 1.3% in a month and is 131% of what it was before World War I. Adjusted for inflation, an item that cost $1 in 1919 would be $12.34 in 2008.

Post a comment
If you are under 13 years of age you may read this message board, but you may not participate.
Here are the full legal terms you agree to by using this comment form.

Comments are moderated, and will not appear until they've been approved.

If you have a TypeKey or TypePad account, please Sign In

Comments (0)


Recommended on Facebook


In Case You Missed It...

Recent Posts
The Daily Mirror Is Moving |  June 16, 2011, 2:42 am »
Movieland Mystery Photo |  June 11, 2011, 9:26 am »
Movieland Mystery Photo [Updated] |  June 11, 2011, 8:06 am »
Found on EBay 1909 Mayor's Race |  June 9, 2011, 2:33 pm »