DOW 200 vs current DOW 8400 = 42x increase. So be thankful that Campbell's soup remains ... a bargain even in these troubled times.
Saturday, December 6, 2008
Depression Coming? How about some Campbell's Soup.
This is a Campbell's Soup magazine advertisement from December of 1929. Although the crash of 1929 was in October the full blown depression era was just beginning and would last through most of the 1930's. Interestingly the cost for a can of Campbell's Soup in 1929 was a whopping .12 Although that might not sound like much compared to today's cost of about 1.25 per can it is important to note that if you'd put that .12 in average DOW listed blue chip stocks at the time it would have become by now approximately $4.40
DOW 200 vs current DOW 8400 = 42x increase. So be thankful that Campbell's soup remains ... a bargain even in these troubled times.
DOW 200 vs current DOW 8400 = 42x increase. So be thankful that Campbell's soup remains ... a bargain even in these troubled times.
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Most of the cost was in the can itself. Well researched site! Thanks for the work.
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Hey there, author! Just finished reading your article on the Great Depression and the potential signs of another economic downturn. First off, let me say how much I appreciate your insights and historical perspective. It's always refreshing to read content that combines the past and the present in such a compelling way.
Your article made me think about the cyclical nature of our economy and how history tends to repeat itself. It's a bit unsettling to consider the possibility of another depression, but your well-researched points shed light on the warning signs we should be aware of. The way you explained the parallels between the events of the 1930s and today's economic landscape really hit home. It's a wake-up call for all of us to be more financially prepared and to advocate for responsible economic policies. Your writing is not just informative but also a call to action, and I'm grateful for that.
I also found it heartening to see you wrap up the article with a message of hope and resilience. We've faced economic challenges before, and each time we've come out stronger. Your positive outlook was a nice touch, reminding us that even in the face of adversity, there's always a way forward. Thanks for sharing your thoughts and knowledge – your article was a great read, and I'll be looking forward to more of your insights in the future!
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The Campbell's Soup advertisement from December 1929 offers a nostalgic glimpse into a pivotal moment in history. As the Great Depression loomed, the ad subtly reassured consumers by highlighting the affordability of Campbell's Soup, a comforting staple during uncertain times. At just 12 cents per can, it provided a sense of stability amid financial turmoil. Interestingly, had that 12 cents been invested in blue-chip stocks back then, it would have grown to $4.40 today—a testament to the enduring power of smart investments. However, the ad emphasizes that even as economic landscapes shift, Campbell's Soup remains a reliable and accessible option, offering warmth and nourishment. In today's context, where the online tuition in karachi price is about $1.25 per can, it's a reminder of the brand's consistent value, making it a small but significant comfort in both good times and bad.
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It's fascinating to see how the value of money and investments has changed over time! Back in December 1929, a can of Charter Panorama Campbell's Soup cost just 12 cents. Despite the ongoing Great Depression, it's interesting to consider that if you had invested that 12 cents in DOW-listed blue chip stocks, it could now be worth about $4.40—showing a 42x increase
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