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what it means?


AntonG

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I have heard from my father-in-law that he had bought his katana (Shinto) for 100 JPY in early Showa era.
At that ime the exchange rate was fixed at 360 Yen to one US $ - and one US $ bought you what 12.- US $ buy you now. All in all, a great deal at US $ 3.33 current purchase power! :D
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The story is older than you thought.

My father-in-law was an army officer and he bought his katana before WWII for his use. And the exchange rate was around 3 – 4 Yen to 1 US$ at that era. So, your purchase power must be around 350 US$ or more (inflation factor of US$ must be more than 12), but still a good deal. :lol:

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