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Old 02-21-2018, 11:13 AM   #11
Join Date: Nov 2013
Location: near Seattle WA USA
Default Re: What is the dollar equiv of a Crimp

The purchasing power of a Credit is pretty clearly meant to approximate a 1977 US Dollar. Adjusting for inflation, that means almost $4 today. But there are two major sources of divergence:
1. Baumol's cost disease causes the price of services that are not readily automated to increase, relative to things that become automated as technology advances.
2. Moore's law drives costs of electronics down as technology advances.
The combination of failing to adequately model these economic effects and choosing to ignore them for the sake of simplicity and continuity has caused some prices to diverge, but the current $4 Credit isn't bad.
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Old 02-22-2018, 03:24 PM   #12
Join Date: Jul 2005
Location: Albuquerque, NM
Default Re: What is the dollar equiv of a Crimp

Of course, $4 today would be about $3 in 2004, which is when GURPS 4th edition first came out.
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