Originally Posted by
Varks
Are you sure about that. I just talked to my uncle. 1979 60K. 727 FO 12th year pay. That’s close to today $250K or so. In 1998 wide body Captain he made $200K. Today’s dollars that’s $394K. Not as much as I make NB today. $500K.
I made $107K in 2013. MD80 FO 12th year pay. The 1979 to 2013 was $192K.
I’m pretty sure, I think the reality is that we can argue all day what the real inflation rate is you say 6%, I say 15%… whatever. A “calculator” told us so right?
What we can both agree upon however is the spot price for gold being around $200 then (stable 1978) and $3400 ish now. Doing that math, he was just shy of millionaire status in today’s world. WB CA in 1998 making $2m in today’s value.