What was going on in 89
02-22-2024, 10:08 AM
#11
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$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.
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....
Thanks. Brad.
02-22-2024, 01:08 PM
#12
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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.
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1983ScarabIII (02-24-2024)
02-23-2024, 10:12 AM
#13
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Nothing for our own border thou .. let all them illegals in like it`s an open border. America Last !
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02-23-2024, 10:28 AM
#14
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Bravo was cheaper to make. TRS and Speedmasters all had Transmissions which obviously cost more. TRS drive 575HP and Below is a workhorse actually and way better then the standard 1988 bravo.
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Smarty (02-23-2024)
02-24-2024, 05:25 AM
#15
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$135,000 in 1989 is equivalent in purchasing power to about $335,776.57 today, an increase of $200,776.57 over 35 years. The dollar had an average inflation rate of 2.64% per year between 1989 and today, producing a cumulative price increase of 148.72%.
This means that today's prices are 2.49 times as high as average prices since 1989, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 40.205% of what it could buy back then.
This means that today's prices are 2.49 times as high as average prices since 1989, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 40.205% of what it could buy back then.
" 40 cent gas" in the earlier 1970s, yeah sure, in 2019, beginning of 2020 when gas was 1.80, it was FAR CHEAPER, guys were making 30$ a hr, not 3$
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Brad Christy (02-24-2024), ICDEDPPL (02-24-2024)
02-24-2024, 05:57 AM
#16
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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$
" 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.
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1983ScarabIII (02-24-2024)
02-24-2024, 07:11 AM
#17
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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 !
Nothing for our own border thou .. let all them illegals in like it`s an open border. America Last !
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Helmwurst (02-25-2024)
