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Originally Posted by ICDEDPPL
(Post 4891446)
$135,000 in 1989 is equivalent in purchasing power to about $335,776.57 today, an increase of $200,776.57 over 35 years. The dollar had an average inflation rate of 2.64% per year between 1989 and today, producing a cumulative price increase of 148.72%.
This means that today's prices are 2.49 times as high as average prices since 1989, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 40.205% of what it could buy back then. Ahhh.... The old Fed printing press, hard at work.... :rolleyes: Thanks. Brad. |
I found a old Fountain pricing sheet for 1988 boats. I thought it was interesting that the bravo was a cheaper boat even though it was probably faster. Just kinda neat seeing what these things cost back in the day.
https://cimg8.ibsrv.net/gimg/www.off...f351a5d14e.jpg |
Originally Posted by Brad Christy
(Post 4891447)
Dan,
Ahhh.... The old Fed printing press, hard at work.... :rolleyes: Thanks. Brad. Nothing for our own border thou .. let all them illegals in like it`s an open border. America Last ! |
Originally Posted by cdail28590
(Post 4891475)
I found a old Fountain pricing sheet for 1988 boats. I thought it was interesting that the bravo was a cheaper boat even though it was probably faster. Just kinda neat seeing what these things cost back in the day.
https://cimg8.ibsrv.net/gimg/www.off...f351a5d14e.jpg |
Originally Posted by ICDEDPPL
(Post 4891446)
$135,000 in 1989 is equivalent in purchasing power to about $335,776.57 today, an increase of $200,776.57 over 35 years. The dollar had an average inflation rate of 2.64% per year between 1989 and today, producing a cumulative price increase of 148.72%.
This means that today's prices are 2.49 times as high as average prices since 1989, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 40.205% of what it could buy back then. " 40 cent gas" in the earlier 1970s, yeah sure, in 2019, beginning of 2020 when gas was 1.80, it was FAR CHEAPER, guys were making 30$ a hr, not 3$ |
Originally Posted by articfriends
(Post 4891625)
I love the math, I do these calcs all the time and it really pisses off the old timers that ramble about how "cheap" stuff was x number of years ago , there was alot of stuff that was MORE expensive, at least until runaway inflation in 2021.
" 40 cent gas" in the earlier 1970s, yeah sure, in 2019, beginning of 2020 when gas was 1.80, it was FAR CHEAPER, guys were making 30$ a hr, not 3$ Yup. I have always seen my personal income significantly outpace inflation, and at no time could I look at those in entry level positions otherwise parallel to my own and they were worse off than I was when I was at entry level. It is a fact, though, that four years ago a pound of ground sirloin was $5 and it's $8-9 today. There's inflation and then there's Bidenflation. Thanks. Brad. |
Originally Posted by ICDEDPPL
(Post 4891585)
Half a trillion dollars in the garbage for student debt... now it`s me and youthat get to pay for peoples college education.. Billions to Zelensky that ****ing whore always begging for money...... it`s as if they didn`t know how inflation works.
Nothing for our own border thou .. let all them illegals in like it`s an open border. America Last ! https://cimg8.ibsrv.net/gimg/www.off...ab2d12b08.jpeg |
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