1947 service fees

[Wimblees@aol.com]

In a message dated 97-01-11 17:04:29 EST, you write:

>Just out of curiosity, I went looking for the consumer price index for as
>far back as I could find, (1946)and found the following:
>
>The cpi 1/46 was 18.1
>The cpi 12/96 was 158.6
>1982-84 was the period when $1.00 = $1.00
>
>The 1946 tuning fee of $7.50 is 41.4 times the cpi.
>The 1996 cpi of 158.6 times 41.4 =$65.66
>
>FWIW
>
>Charles Farinella, RPT



Charles,

I don't quite understand this CPI thing. If $1 = $1 in 1982 - 84, then what
does the CPI 1/46 = 18.1 mean?  And where did the 12/96 = 158.6 come from?

Wim