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About

Airplanes & Rockets

Kirt Blattenberger, Webmaster - Airplanes and Rockets

Kirt Blattenberger

Carpe Diem!

(Seize the Day!)

Even during the busiest times of my life I have endeavored to maintain some form of model building activity. This site has been created to help me chronicle my journey through a lifelong involvement in model aviation, which all began in Mayo, MD ...

Copyright

1996 - 2026

Webmaster:

Kirt Blattenberger

BSEE - KB3UON

Family Websites:

RF Cafe | Equine Kingdom

All trademarks, copyrights, patents, and other rights of ownership to images and text used on the Airplanes and Rockets website are hereby acknowledged.

Drones - Airplanes and Rockets

Academy of Model Aeronautics (AMA) License & Membership Form
September 1949 Air Trails

September 1949 Air Trails
September 1949 Air Trails Cover - Airplanes and RocketsTable of Contents

These pages from vintage modeling magazines like Flying Aces, Air Trails, American Modeler, American Aircraft Modeler, Young Men, Flying Models, Model Airplane News, R/C Modeler, captured the era. All copyrights acknowledged.

Since this membership application for the Academy of Model Aeronautics (AMA) brings up the subject of inflation, I figured it would be interesting to find out what the inflation rate was in 1949 when it appeared in Air Trails magazine. According to the CPI Inflation Calculator, the rate in 1949 was actually negative (-1.2%) due to a multi-year economic recession triggered by President Truman's "Fair Deal"; however, in the previous year (1948) it was a whopping 8.1%, and the year before that (1947) it was an incredible 14.4%!!! So, massive inflation was definitely still on the minds of Americans at the time. The current inflation rate (March 2022) is sitting at 8.5%, with no sign of things getting any better. In fact, economists say if the inflation rate was calculated the way it was in 1949, it would be in the 15% realm. According to the BLS Inflation Calculator, what would have cost you $1.00 in September 1949 will cost you $12.03 in March of 2022. That's 1,203% inflation in about 73 years, which averages to about 1.102% per year (1.102^73 = 1,200). Clearly, we are currently in a period of significant inflation, but that's what we get when the government prints money like mad and dilutes the value of every dollar in your pocket!

Academy of Model Aeronautics License & Membership Ad

Academy of Model Aeronautics License & Membership, September 1949 Air Trails - Airplanes and RocketsIn Spite of Inflation Your

AMA

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Now Offers the Greatest Value in the History of Model Aviation

Your 1949 AMA License and Membership Now Includes

Protection to Your While Flying in Sanctioned Meets covering legal liability for personal injury - and property damage.

Here is One Way to Fly with the Experts

Mail this coupon today!

 

 

Posted April 23, 2022


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