Quote:
Originally Posted by MartinSE
And the Doctors degree cost $3,000 or something silly back then, so they could afford to make house calls for $10.
Here is an idea, lets just divide all salaries by 20 - anyone making $100/hr will tomorrow be making $5/hr ($10k/year) and divide all prices by 20, so a car costing $80K will cost $4K. That is about what they cost back then.
Then we can stop with the dreamy memories of paying $0.10 for a cup of coffee. As I tell my wife often, it's all just zeros tagged on the end. The cost is about the same today - just with zeros added, and wages are about the same today, just with zeros added.
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Divide by 20. How does that work for my cellphone, computer, tablet, and thousands of other things that didn't exist? Things are better now, in many ways. We have immense number of choices, opportunities and options in all aspects of life. We have so much more now. So why do we not appreciate what we do have like we did when we had so much less?
😶