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According to consumer price index calculators, a beer that cost 20 cents in 1913 should cost $6.40 now. But such calculations ignore the changing value of money. 

<p>According to consumer price index calculators, a beer that cost 20 cents in 1913 should cost $6.40 now. But such calculations ignore the changing value of money. </p>

Listen to the most interesting reporting from this week in the world of business, finance, tech, and politics. Over the weekend, we'll share a mix of essays, reviews and other stories from Bloomberg's new Weekend Edition.  

<p>Listen to the most interesting reporting from this week in the world of business, finance, tech, and politics. Over the weekend, we'll share a mix of essays, reviews and other stories from Bloomberg's new Weekend Edition.  </p>

Listen to the most interesting reporting from this week in the world of business, finance, tech, and politics. Over the weekend, we'll share a mix of essays, reviews and other stories from Bloomberg's new Weekend Edition.

Listen to the Story

How to Think About the Price of Food

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/40e8622e-e112-4cee-916f-b214009f52fe/transcript

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