Inflation calculator
Aug 23, 2020 08:00:05 #
rehess wrote:
Yes, that is how they were measured back then, and at that size it lacked ‘get up and go’, but it got good mileage .
Nope: Back then it was CU.IN. There were three options 170 cu/in,195cu/in and 225 cu/in
A 225cc would have been a med sized motorcycle engine,
https://www.google.com/search?client=safari&rls=en&q=engine+displacement+for+dodge+slant+six&ie=UTF-8&oe=UTF-8
Back then: American engine were listed in Cubic inches Not cubic centimeters or even liters
Aug 23, 2020 15:08:08 #
Architect1776 wrote:
Yes I am. br Home ownership was far more accessib... (show quote)
Ummm.......
The Global 2000 Report to the President was a 1980 report commissioned by President Jimmy Carter. It warned that world population growth would have dramatic consequences by the year 2000 if no changes in public policy were made. Gerald O. Barney was the study director.
Aug 23, 2020 22:10:41 #
Speaking of tv's. The first 40" plasma tv's wer $13999.95..When I went into our favorite store I saw the price tag and thought $1399.95, I'll grab 2 and get one for my friend. I knew they wanted one and would pay me back. When I got closer to the set, I saw the extra 9. I did an about face and walked out the door. Now, a 40" is just a few hundred, considerably better than the original and I wouldn't panic going into the same store to purchase it. Reverse inflation on this one item.
Aug 23, 2020 22:15:39 #
Architect1776 wrote:
Do different things inflate differently?
Our ranch with a new custom house and out buildings cost 8,000 in 1952.
It was purchased by a school teacher and no second income from the wife.
It sold in 1980 for close to 1 million.
I know of no single income school teacher in the area that could have bought that ranch in 1980 or even in 2020.
Inflation varies greatly.
Our ranch with a new custom house and out buildings cost 8,000 in 1952.
It was purchased by a school teacher and no second income from the wife.
It sold in 1980 for close to 1 million.
I know of no single income school teacher in the area that could have bought that ranch in 1980 or even in 2020.
Inflation varies greatly.
Very true and this should be obvious to anyone who takes 10 seconds to stop and think.
Aug 23, 2020 23:32:59 #
tjw47
Loc: Michigan
My first job as an electrical engineer in 1969 paid $10,200 per year. In todays $$$ 73,452... Not bad!
Aug 24, 2020 08:22:38 #
The first video recorder for TV, the Sony Betamax, sold for $900. Our first TV around 1957, a 21 inch b&w Zenith, cost over $350. Things like these are the exception to the rule when determining inflation rates. What did the first digital cameras cost?
Aug 24, 2020 09:21:56 #
JRiepe wrote:
The first video recorder for TV, the Sony Betamax, sold for $900. Our first TV around 1957, a 21 inch b&w Zenith, cost over $350. Things like these are the exception to the rule when determining inflation rates. What did the first digital cameras cost?
My first digital camera was purchased by my Mother {who wanted me to be in touch with the latest technology} in the summer of 2006. She set a limit of $300, but I was able to get a Nikon ‘CoolPix’ 1/2.5” for that.
Aug 24, 2020 22:25:38 #
tjw47
Loc: Michigan
rehess wrote:
My Dad, who was a Ceramic Engineer, commented once that 1960 was the first time his salary was over $10,000. We had macaroni-and-cheese a lot as a kid .... only later did I realize that reflected how little he received in the 1950's.
He made $87,500 in 2020 dollars
Aug 25, 2020 15:23:16 #
tjw47 wrote:
He made $87,500 in 2020 dollars
The problem is that he was paid in 1950’s dollars - which had to be spent on what was available at those prices. Believe me that we lived on a very tight budget.
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