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.
|
It’s easy to cut the price of that $80,000 car by 2/3 by buying a decent, well made car for 1/3 the price. For much less than half you can buy a car that gets 50 mpg and just laugh when the cost of gas goes up.