1960 Avg. INcome - 5,315 House cost 12,700

[EVILYOSHIDA]

In 1960 a new house cost $12,700.00 and by 1969 was $15,500.00
In 1960 the average income per year was $5,315.00 and by 1969 was $8,540.00
In 1960 a gallon of gas was 25 cents and by 1969 was 35 cents
In 1960 the average cost of new car was $2,600.00 and by 1969 was $3,270.00
Misses Swinging Shifts Skirts $5.00
Oxford Men's shoes $12.95
Oranges: 89 cents for 2 dozen
Oven ready Turkeys: 39 cents per pound
Minimum Wage: $1.25
A Gallon of Milk: $0.95
1 Ticket to the Movies: $1.00
1 Dozen Eggs: $0.53
One regular size bottle of Heinz ketchup: 22 cents
One-ounce Hershey bar: 5 cents
Pound of pork chops: $1.03
Pound of sirloin steak: 85 cents
Six-pack of Pepsi: 59 cents
Can of shaving cream: 59 cents
Can of hair spray: 47 cents
Six-pack of beer: 99 cents!
Loaf of Bread: 20 cents
Fast Food Hamburger: 20 cents
Frozen French Fried Potatoes: 10 cents for 8 ounces
Gerbers Baby Food: 25 cents for 3
Ice Cream: 79 cents half gallon
Jello: 35 cents for 4 packs
Kraft Miracle Whip: 51 cents
Skippy Peanut Butter: 79 cents
Sugar: 38 cents for 5 pounds
Toothpaste Crest: 50 cents
Watermelon: 2 1/2 cents per pound
Bacon: 79 cents per pound

[EVILYOSHIDA]

basically it would be like a house costing 160K today based on avg. household income of 80K. It's around 300K

so yeah.. this is what asset inflation looks like

a lot of this happened after the 2008 crash. they hid a lot of the inflation in stocks and real estate

[Count Iblis]

It's started happening when the US got off the gold standard. 2000 and 2008 put it into overdrive.

[EVILYOSHIDA]

some things are amazing th ough

red bull cost 1.99 in 1999 when I first started drinking it

it still costs 1.99

HAHAHAHAHA

[DonJohnson]

you're out of touch. Most American real estate is actually very affordable outside the metro cities.

the living standards haven't changed that much. 160K would get a very nice house in Houston Texas for example. just don't go to Austin.

[EVILYOSHIDA]

i compared averages to averages.

the places where the homes are 160K work around there will not give you household income of 80K generally

[icecap]

(02-13-2021 01:06 AM)DonJohnson Wrote:  you're out of touch. Most American real estate is actually very affordable outside the metro cities.

the living standards haven't changed that much. 160K would get a very nice house in Houston Texas for example. just don't go to Austin.

Standard of living should be going UP not down. DECADES of technological investments should have given everyone a significant boost to standard of living. Those gains were not realized due to the interference of globalist powers in our government and financial institutions.

And it's even worse than the official inflation numbers indicate due to how they change what's in the basket of goods they use to calculate the consumer price index.

A mcdonalds burger of 1955 should not be equal to a 2021 mcdonalds burger.
A chicken breast of today is not comparable to what you'd be eating in the 60s
Etc

Over time that basket of goods will change to represent the bare minimum of shitty low quality goods, and they'll tell us that everything is OK because inflation is only 1%

Our progress was stolen from us, so now we are expected to eat shit to make up the difference. They've already begun the campaign to make bugs more palatable for western tastes.

[EVILYOSHIDA]

great point by icecap

due to technological progress, it should be way cheaper to do basic things

[karasu]

(02-13-2021 03:14 AM)icecap Wrote:  

(02-13-2021 01:06 AM)DonJohnson Wrote:  you're out of touch. Most American real estate is actually very affordable outside the metro cities.

the living standards haven't changed that much. 160K would get a very nice house in Houston Texas for example. just don't go to Austin.

Standard of living should be going UP not down. DECADES of technological investments should have given everyone a significant boost to standard of living. Those gains were not realized due to the interference of globalist powers in our government and financial institutions.

And it's even worse than the official inflation numbers indicate due to how they change what's in the basket of goods they use to calculate the consumer price index.

A mcdonalds burger of 1955 should not be equal to a 2021 mcdonalds burger.
A chicken breast of today is not comparable to what you'd be eating in the 60s
Etc

Over time that basket of goods will change to represent the bare minimum of shitty low quality goods, and they'll tell us that everything is OK because inflation is only 1%

Our progress was stolen from us, so now we are expected to eat shit to make up the difference. They've already begun the campaign to make bugs more palatable for western tastes.

yeah, Big Mac and McChicken quality has really gone DOWN! "Where's the MEAT"???

[Count Iblis]

One of the few things which have deflated in price but increased in quality is consumer electronics.