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Nutty Hedonic Adjustments for Inflation

Posted By Barry Ritholtz On August 16, 2004 @ 12:54 pm In Finance | Comments Disabled

Adjust this:

I often grab a small bag of roasted cashews from the machine on my floor in the office. They are 65 cents worth of salty protein goodness.

Today, however, the cashew slot was taken by Peanuts — cheaper, less tasty, common peanuts. Only the price was the same: 65 cents.

Adjust THAT for inflation . . .

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