Quote:
Originally Posted by rylinus
I've been playing in a fictional league for some time, using inflation rates of 3-4% per year.
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Time for me to make my standard statement on such things:
'Inflation' in baseball (defined here as the gradual rise in revenue and expenses) has not and does not follow the same curve as inflation in the general economy, e.g. the commonly cited figures of the U.S. consumer price index.
Baseball revenue and salaries exhibited little growth for many decades, then, starting in the mid-1970s with the advent of cable TV, began an exponential growth in both (a trend which continued to the present).