|
Post by aquaduct on Oct 21, 2021 18:38:59 GMT -5
My gas today was 3.14 a gallon. What was it ten month's ago?
|
|
|
Inflation
Oct 21, 2021 18:53:25 GMT -5
via mobile
Post by factorychef on Oct 21, 2021 18:53:25 GMT -5
2.07 gallon
|
|
|
Inflation
Oct 21, 2021 18:55:31 GMT -5
via mobile
Post by factorychef on Oct 21, 2021 18:55:31 GMT -5
And that's not a 50% increase. How much has beer gone up?
|
|
|
Post by aquaduct on Oct 21, 2021 19:06:08 GMT -5
And that's not a 50% increase. How much has beer gone up? Ask david. Oh yes BEER! Beer prices are going way up. It might be supply and demand and competition for hops and other ingredients, but damn, beer prices are going crazy.
|
|
|
Post by david on Oct 21, 2021 19:19:38 GMT -5
Too damn much! I know I ammany are drinking more, and of course, the capitalistic pigs use that as an excuse to raise prices!
But seriously, in the past two years I think beer has gone up at least 40%. Micro breweries have hatched all over. Trendy stuff seems to boost prices for generic stuff as well. I suspect that fancy beers use more hops per ounce than the old classic brewers. That might explain some of it, but I would guess that Budweiser, PBR, Coors, etc are more profitable than in years past.
|
|
|
Post by aquaduct on Oct 21, 2021 19:26:08 GMT -5
Too damn much! I know I ammany are drinking more, and of course, the capitalistic pigs use that as an excuse to raise prices! But seriously, in the past two years I think beer has gone up at least 40%. Micro breweries have hatched all over. Trendy stuff seems to boost prices for generic stuff as well. I suspect that fancy beers use more hops per ounce than the old classic brewers. That might explain some of it, but I would guess that Budweiser, PBR, Coors, etc are more profitable than in years past. Inflation means everything is going up. Prices for ingredients lead to increased prices for goods in order to keep up. In the end profits break even at best, until the market collapses anyways. Then everything dies.
|
|
|
Post by coachdoc on Oct 21, 2021 21:38:01 GMT -5
I remember being in high school and having trouble getting the cash together for a couple of gallons at 27 cents per.
|
|
|
Post by TKennedy on Oct 21, 2021 21:56:24 GMT -5
Went to the hardware store today. #6 3/4” brass screws are still 17 cents.
Whew-
|
|
|
Post by gbacklin on Oct 21, 2021 22:54:57 GMT -5
I remember being in high school and having trouble getting the cash together for a couple of gallons at 27 cents per. I worked at a Standard station from 1971-75 (during the gas shortage) and prices ranged from .259-.399 for regular and .299-.429 for dear Ethyl. Lead free was in the middle. Even during the gas shortage we never raised prices, just limited to $3.00 per session.
|
|
|
Inflation
Oct 22, 2021 5:18:44 GMT -5
via mobile
Post by millring on Oct 22, 2021 5:18:44 GMT -5
In 1971 I had my first wage-paying job. $1.40 per hour.
|
|
|
Post by jdd2 on Oct 22, 2021 6:36:03 GMT -5
All the "remember when" things...
Back then (when) high tech meant a small sony trinitron CRT. No flat screens of any type. No laptops, no phones.
If you went international (vietnam), you might fly on a boeing 707, a narrow body that only in its later versions could seat six across. And you'd have to stop twice or three times for fuel on the way to vietnam.
Cheap gas? A '70 chevy impala got about 10-12mpg. Probably then only lap belts, and only in the front? Maybe not even front middle. And airbags? Right.... Leaded gas was the only choice.
Of course you remember 8-track tapes? Early cassettes? 45s? Buying mono recordings? Tape hiss?
|
|
|
Post by theevan on Oct 22, 2021 12:46:28 GMT -5
And that's not a 50% increase. How much has beer gone up? Correct, it's more like 51.6% increase. (If I did my math right.) 2.07 to 3.14 A 50% increase would yield 3.105. Can any of you whizzes out there verify my math?
|
|
|
Inflation
Oct 22, 2021 13:21:19 GMT -5
via mobile
Post by aquaduct on Oct 22, 2021 13:21:19 GMT -5
And that's not a 50% increase. How much has beer gone up? Correct, it's more like 51.6% increase. (If I did my math right.) 2.07 to 3.14 A 50% increase would yield 3.105. Can any of you whizzes out there verify my math? I can. I was just ballparking but I knew it was right.
|
|
|
Post by Rob Hanesworth on Oct 22, 2021 13:35:34 GMT -5
At my first hourly job an hour of my after tax pay bought me 3 gallons of gas. I don't have an hourly pay rate anymore but almost everyone I know who does can buy more than 3 gallons of gas with an hour's worth of after tax pay.
In my (I won't claim humble) opinion the only valid measure of inflation is how many hours of work it takes to buy something. My first new car, a pretty modest 1970 Pontiac Tempest T-37, cost me half a year's salary. Much nicer subsequent cars took a far smaller percentage of my annual income. (And they lasted a lot longer.)
|
|
|
Post by Rob Hanesworth on Oct 22, 2021 14:21:22 GMT -5
I have no problem dangling from a tall building by a rope but I will not ever ride a roller coaster again Evan, I at times disagree with you but don't have any desire to see you dangling from a tall building by a rope. Now, I could suggest a couple of people (no one here).
|
|