Phase one buying your table

jimmycue

AzB Silver Member
Silver Member
I just completed phase one of getting a new table, paying for it. Here is copy of receipt.
 

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Wow. You're going to need a Delorean equipped with a Flux Capacitor to install that table. Do you have any idea how much THAT is going to cost????
 
Well, considering inflation, that was about the same as spending roughly $7k now. The new GCV is going for more than that. Is it a better table? Depends on who you ask. Still...that's alot of cheddar.
 
Its going to be one of those days.
 
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Well, considering inflation, that was about the same as spending roughly $7k now. The new GCV is going for more than that. Is it a better table? Depends on who you ask. Still...that's alot of cheddar.

to put things in perspective for you , in 1963 , the average income was $5807 , the average new home was $12,650 , average new car $3233 , a loaf of bread was $0.22 , and first-class postage was $0.05 (raised from $0.04 on January 7 - a whopping 25% increase - outlandish !)

Today those items are :
income - 39,423 6.78 times higher
new home - 232,880 18.41 times higher
new car 28,400 8.78 times higher
loaf of bread - 2.27 10.2 times higher
first class postage - $0.44 11 times higher

So , are you basing your "todays cost" on income ( incorrect )
or on costs of durable goods ? (correct)
 
to put things in perspective for you , in 1963 , the average income was $5807 , the average new home was $12,650 , average new car $3233 , a loaf of bread was $0.22 , and first-class postage was $0.05 (raised from $0.04 on January 7 - a whopping 25% increase - outlandish !)

Today those items are :
income - 39,423 6.78 times higher
new home - 232,880 18.41 times higher
new car 28,400 8.78 times higher
loaf of bread - 2.27 10.2 times higher
first class postage - $0.44 11 times higher

So , are you basing your "todays cost" on income ( incorrect )
or on costs of durable goods ? (correct)

It was based off of about 4.8% inflation per year...just a straight calculation, not off of what the cost of goods or income was or is, but off of the rate of inflation.
 
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