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The 'Real' DJIA - not such a hot deal

Submitted by Mike on Sat, 11/03/2007 - 10:23pm
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What do you get if you adjust the DJIA for inflation, starting in January 1924? According to several sources, the rate of growth is a paltry 1.64% compounded annually when you take into account the 'official' inflation rate, and it's even worse if you consider the probability that inflation is underreported.

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