Inflation

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  • mhardy6647
    mhardy6647 Posts: 34,910
    edited November 2023
    odcics2 wrote: »
    :Look at an old Three Stooges short.
    Breakfast for 10 cents!
    I’m sure folks complained it used to be a nickel.
    :#

    Not that I can document it via google ATM (maybe I should try BingAI or whatever?!), but there was, reputedly, a famous exchange between Harpo Marx and (IIRC) S.J. Perelman. They were in a very fancy restaurant and Harpo was aghast at (or is it by?) the prices. "What can you get here for a quarter?!" exclaimed Harpo. "A dime" deadpanned his tablemate (Perelman, or whoever it was). B)
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  • Jazzhead
    Jazzhead Posts: 526
    edited November 2023
    treitz3 wrote: »
    It's as bad as when *think 1978*...well, we can't talk about that.

    All I know is that a pack of gum was 25¢ back then. It shot up to 50¢ very quickly. This was devastating as a kid with no income. I won't even get into the gas lines and prices....

    I wonder what the spin was back then...

    Tom

    I was working at a grocery store at that time, and spent most of my shift actually taking stock off the shelf, changing the the price tags (to a higher price of course) and putting it back on the shelf! This was before bar codes, obviously, lol. Inflation was that severe. I recall years before, Nixon had invoked some wage and price controls which caused some shortages and other economic/inflationary problems later on.
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  • odcics2
    odcics2 Posts: 371
    Interesting... Kids today got it easy!

    The Highest Inflation Rate in U.S History
    Since the founding of the United States in 1776: The highest year-over-year inflation rate observed was 29.78% in 1778.
    In the period of time since the introduction of the CPI, the highest inflation rate observed was 20.49% in 1917.
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  • invalid
    invalid Posts: 1,441
    I went to McDonald's today, got 4 hamburgers and small fries, $11.08. the plain hamburger is $2.49 now, in 2019 it was $.99.

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  • Keiko
    Keiko Posts: 789
    edited November 2023
    But according to the Damien Demento and his merry band of a55 clowns, everything's fine.
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  • Joey_V
    Joey_V Posts: 8,600
    invalid wrote: »
    I went to McDonald's today, got 4 hamburgers and small fries, $11.08. the plain hamburger is $2.49 now, in 2019 it was $.99.

    So dumb
    I feel so much poorer now
    No wage increase but everything is multiples more expensive
    Magico M2, JL113v2x2, EMM, ARC Ref 10 Line, ARC Ref 10 Phono, VPIx2, Lyra Etna, Airtight Opus1, Boulder, AQ Wel&Wild, SRA Scuttle Rack, BlueSound+LPS, Thorens 124DD+124SPU, Sennheiser, Metaxas R2R
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  • odcics2
    odcics2 Posts: 371
    invalid wrote: »
    I went to McDonald's today, got 4 hamburgers and small fries, $11.08. the plain hamburger is $2.49 now, in 2019 it was $.99.

    At my McDonalds, regular burgers are $1.49 and my coffee is a buck.

    Apparently, you are getting screwed.

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