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| Headline | ticket price |
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| Author | Comment |
Julie
Dec-05-2006, 18:29 GMT
IP:
United Kingdom
 | http://tinyurl.com/yz3bf8
Amazing just 3 shillings ...that´s 15 pence in today´s currency
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Klausi
Dec-06-2006, 09:52 GMT
IP:
Germany
 | Paul played for 10 to 20 pounds/evening for himself at that time, that`s about 75 to 150 Euros, but without calculating any inflation. Comfortable life was possible.
October 1965 is interesting, "remastered" SOS was about to enter the US-charts...
Very cheap late occasion to see him. |
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Klausi
Dec-06-2006, 09:58 GMT
IP:
Germany
| "The Finest American Folk Singer In England Today".
For a couple of weeks, then leaving and giving somebody else the chance for this description.
And on his way to become the finest American (Folk-)singer in America... |
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Thierry
Dec-06-2006, 11:31 GMT
IP:
France
 | Klausi, are you sure that 10 pounds = 75 euros ?
a converter said
10 pounds =14.8052 â?¬ ..... |
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Bodo
Dec-06-2006, 11:47 GMT
IP:
Austria
 | Thierry, that was 1965.... not today |
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Søren
Dec-06-2006, 13:48 GMT
IP:
Denmark
 | Yes, but Klausi himself wrote, that he was not taking in any inflation in his calculation, so I was a little mystified by that result as well...
10 pounds is roughly 15 euro, yes.
However, you can read from various charts that the american total inflation rate from 1965 to 2006 is just over 500%, so that would make the 10 pounds equal to about 50 pounds today (and 75 euros) - making Klausis comment just about right :-) |
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michael
Dec-06-2006, 14:04 GMT
IP:
USA - United Staates America
 | Where did you get that inflation statistic.
That says that over 41 yrs the US averaged 12% inflation/yr...hard to believe. |
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Søren
Dec-06-2006, 14:27 GMT
IP:
Denmark
| ooh - you need to read up on your calculus, Michael :-)
An average inflation rate (or interest rate, or anything like that) is NOT calculated by simply dividing the total increase/decrease rate by the number of periods. There is such a thing as accrued interest, and therefore you should instead take the nth root (say there are n periods) of the projection factor and you will get the average projection factor per period.
In this case, you should take the 41st root of 5, that will give you a result about 1.04, corresponding to an average infaltion rate of 4 %. Not too hard to believe, you think? ;-)
BTW, I got my data from this site:
http://inflationdata.com/inflation/Inflation_Rate/
AnnualInflation.asp |
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michael
Dec-06-2006, 16:09 GMT
IP:
USA - United Staates America
| Thanks Soren! I haven´t done a calc like that in a while and wasn´t thinking. I´ve alway heard we should allow 4%/yr, and now I know why. |
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Simon Dooker
Dec-06-2006, 16:44 GMT
IP:
United Kingdom
| Very interesting poster. Note the late inclusion of Jackson C Frank on the bill. He must have been the second finest American folk singer in England that day. |
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