Archae
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Fri Jan-13-06 05:18 AM
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Courtesy of my latest issue of "Reminisce" magazine, these are average prices in 1962:
First-class stamp 4 cents Gallon of gasoline 31 cents Gallon of milk 49 cents Dozen eggs 54 cents Average annual income $5,155 Average new home $18,200
(BTW, I was 2 in 1962, when the biggest story was Cuba.)
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RebelOne
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Fri Jan-13-06 05:20 AM
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1. I remember those prices fondly. |
mrbill
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Fri Jan-13-06 05:47 AM
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2. you could take a one dollar silver certificate to the bank..... |
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...and get a real silver dollar. Miss Liberty or Peace.
cheezeburgers were two bits and gas was 16.9
a routine visit to the doctor was between 6-8 bucks and they would send you a bill, a broken leg with surgery and a hospital was under $300.
house payments on a nice house including property taxes and insurance were $200.
new cars cost $2200.
miss those silver dollars.........
it's all nicely printed monopoly money now, faith and trust in the us government leads to inflation?
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Deja Q
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Fri Jan-13-06 07:55 AM
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3. Today is a bit differnet |
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1st class stamp: 39 cents Gallon of gas: $2.20 Gallon of milk: $3.49 Dozen eggs: $1.29 Average annual income: <$30,000 Average new home: $200,000
The income/newhome ratio is far worse today, and yet it's the home market keeping the economy up...
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kick-ass-bob
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Fri Jan-13-06 08:44 AM
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From 3x your annual income to 6x for a new home price.
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supernova
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Fri Jan-13-06 07:56 AM
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It was a spectacular year! :D
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Jamison
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Fri Jan-13-06 07:57 AM
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5. At the rate we are going, prices in 2062 will be: |
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First-class stamp - $5.00 Gallon of gasoline - $75.00 Gallon of milk - $50.00 Dozen eggs - $40.00 Average annual income - I don't know, but it probably won't go up much from today's figures. Average new home - $3,000,000
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DU
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Fri May 10th 2024, 08:01 PM
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