Prices from days gone by

Prices really haven’t increased…it’s just that it takes more “funny money” to buy goods/services.

Our dollar is backed only by the “full faith and credit of the United States government”, which tells you all you need to know regarding its value.
 
did a similar evaluation several years ago with my father.
this is what we determined has Truly Gone Up regardess
of inflation or innovation since 1970:

1. Taxes, fees, licenses, etc.
2. just about anything medical.
3. educational tuition.

of course, some things have gone down:

1. consumer electronics.
2. clothes, shoes, etc.
3. air travel.

we also figured that considering "bang for the buck",
these stayed about the same:

1. cars/trucks.
2. electricity/gas/oil.
3. food.
 
My parents were able to afford (or at the very least obtain reasonable financing for) have a house built on 10 acres in the early 90s.

My s/o and I are both attorneys with decent private sector gigs. We cannot get approval for a mortgage that would enable us to buy any houses within 20 minutes of our offices. The “as-is, good bones, needs work!” listings in and around Raleigh are just wacky.
 
In a file somewhere. I found the receipt from the 90’s for a plain, new Ruger 10/22. $125 and two 500rd bulk boxes of ammo. $7.99 each. If I find it again I’ll grab a pic.
 
Dale Gribble said:
Prices really haven’t increased…it’s just that it takes more “funny money” to buy goods/services.

Our dollar is backed only by the “full faith and credit of the United States government”, which tells you all you need to know regarding its value.
Click to expand...
When I graduated from HS gas was .17.9. Winchester .22s $5.00 a brick. A Colt Python MSRP $125. A S&W Mdl 52 was $150. A 1965 SS Chevelle with a 396-375 and a 4 speed was $2,750. A 1965 K code Mustang was $2,450.
I was working in a dental prosthetics lab for $25 a week. I cleared $21.63 after taxes. I worked from Monday until Friday from 8AM until 6PM. When I got to $1.00 an hour I was in high cotton. When I went to work where I still work today I made $55 a week and my wife made $80.00 working for Southern Bell Telephone. We had a nice home that was built in 1941, a new car and a used car. A $1.00 Delmonaco steak wouldn't fit on a plate!
Those guns above cost more than a month's wages. Nothing much ever changes...In 1900 a new Colt Revolver or S&W could be bought for a $20 Gold piece.
Today a $20 Gold piece will still buy either one.
 
SourwoodTom said:
And one day you'll be showing pictures of 9 m m at a dollar each, lamenting that it's currently costing you $3 every time you pull the trigger. People will ask you if you walked 5 miles a day to school, uphill both ways.
Click to expand...

Qydz2wa.jpg
 
BatteryOaksBilly said:
When I graduated from HS gas was .17.9. Winchester .22s $5.00 a brick. A Colt Python MSRP $125. A S&W Mdl 52 was $150. A 1965 SS Chevelle with a 396-375 and a 4 speed was $2,750. A 1965 K code Mustang was $2,450.
I was working in a dental prosthetics lab for $25 a week. I cleared $21.63 after taxes. I worked from Monday until Friday from 8AM until 6PM. When I got to $1.00 an hour I was in high cotton. When I went to work where I still work today I made $55 a week and my wife made $80.00 working for Southern Bell Telephone. We had a nice home that was built in 1941, a new car and a used car. A $1.00 Delmonaco steak wouldn't fit on a plate!
Those guns above cost more than a month's wages. Nothing much ever changes...In 1900 a new Colt Revolver or S&W could be bought for a $20 Gold piece.
Today a $20 Gold piece will still buy either one.
Click to expand...
And then along came electricity………….
 
You must log in or register to reply here.
Back
Top Bottom