This was sent my way by a fellow friend and trader and I found it interesting. It was featured in a blog post written by Political Calculations. Everyone can read the post in full detail HERE
They wrote… Political Calculations has tracked the price history of Campbell’s Condensed Tomato Soup over the past 126 years because of its remarkable consistency as an identifiable product over time. In fact, if you had a time machine and could travel to nearly any point in time from January 1898 to the present, you could likely find a 10.75 ounce size (Number 1) can of Campbell’s condensed tomato soup stocked for sale in American grocery stores.
That long-running consistency makes Campbell’s Condensed Tomato Soup an ideal product to follow to understand how inflation has affected American consumers throughout its history
