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Talk about inflation!!
I've had a NOS Bosch voltage regulator sitting on the shelf since 1975. I found the receipt inside the box yesterday. $15.78 from BAP/GEON.
I looked it up and they are still available. Today's price is $292.48. |
Not the same thing but I smiled when I found a 6 pack of sandpaper with a 99¢ price tag on it cleaning out my mom's garage. I haven't seen a ¢ symbol in decades.
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Dad paid $3750.00 OTD for the 356 new in July 1965.
Assuming he paid in 1964 silver dollars, that would be about $135k at todays spot prices for the junk silver. You can buy a nicely restored 356C coupe for $90-110k .... |
In 1946, my father bought about 200 acres, large house, barn and several outbuildings for $2600. In 1990 he had a prefab chimney added for $2900.
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Premium New Zealand Sphagnum Moss, 100g (8L When Hydrated) - Harvested Sustainably from The Pristine West Coast of New Zealand's South Island
4 years ago I paid $9. Now up to $18! Yikes!!! I use it with my horticultural work. |
Just talking about this yesterday in the grocery store. I don't mean to send this to PARF which someone inevitable will, but looking at prices no friggen' way can you tell me inflation has been running at anything less than 10%. I realize "inflation" is an average, but the figures do not tell the story when it comes to everyday needed consumer products. Maybe deodorant hasn't gone up. Off my radar that one. It's not lettuce which has doubled and more in 4 years.
Somehow I call that 100%. I could be wrong (might become my sig line). |
Much of it is greed inflation
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I agree Zeke. Small example but I keep one of those small gum containers in my car. Sticker on the one I recently used up was $3.29 (probably a year old). Grabbed the same one at the grocery store yesterday and it was $5.99.
Hard to make sense of inflation reporting. Lots of shenanigans involved for sure…like excluding groceries and building supplies from the calculation. And yes, I’m sure vendor greed is also at play. |
Some inflation is just capitalism taking advantage of the K shaped economy.
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"We have no inflation, we have no inflation."
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