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Measuring Prices in Hours Worked – Epi-3775

Published 1 month, 3 weeks ago
Description
Recently I posted and advertisement for guns on Facebook and X it was from 1972.  Featuring things like a Remington 1100 for 144 dollars and a Marlin 30-30 for 80 bucks.   A few people who I do applaud for doing the math pointed out that things like the Mossberg pump at 64 bucks was actually a little more expensive in 72 vs. today if measured against CPI inflation. Again I applaud anyone for doing math but OF COURSE IT TRACKS WITH INFLATION.  Yes, inflation tracks with inflation, shocking!  Seriously what actually matters is real cost, not dollar cost.  The dollar Continue reading →
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