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the popular perception of money's value changes asymmetrically
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Date: July 3rd, 2016 1:31 AM Author: bat shit crazy meetinghouse becky i was watching a rerun of Mary Tyler Moore, and Mary's 1973 salary of $225/week was scoffed at as being a fairly paltry wage. the joke was that Mary couldn't afford to buy a nice gift for someone on her low wage.
but then i looked it up on Inflation Calculator.gov, and the adjusted number is like $225/week in 1973 = $1,300/week in 2016.
that's not exactly a laughable 'office girl' wage that you could build a sitcom joke around nowadays.
the popular perception of the value of $225/$1,300 has changed, but not in a linear way.
in some strange way, 'a hundred bucks' still has the same psychological value that 'a hundred bucks' had in 1973. |
Date: July 3rd, 2016 1:37 AM Author: Buff party of the first part location This coincides with our descent into 3rd world shithole status. There are serious adult men with engineering degrees and 7" cocks working 50 hours a week who randomly don't even make $1300 a week because, "fuck the American worker" plus ITE.
We're all conditioned to think that small amounts of money are a king's ransom, probably by CorpGovMedia. Like if you make $50k and live like a miser in Omaha you still can't really afford anything. You can afford to pay bills, if you're miserly maybe you can keep paying the bills for a while if you get suddenly canned by global capitalism. And you're right, people think that $100 is a lot of money in certain contexts. Like if you carry $300 in your wallet, people will think you're a criminal/mafioso. Meanwhile, a Mustang was like $1,999 back then. The only reason the working class can drive to work is because 17 year old F-150s are reliable and cost $3995. |
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Date: July 4th, 2016 3:45 PM Author: bat shit crazy meetinghouse becky all true. there are some strange asymmetries here. (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30850961) |
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Date: July 4th, 2016 3:47 PM Author: Arousing fluffy marketing idea (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30850976) |
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Date: July 4th, 2016 3:43 PM Author: bat shit crazy meetinghouse becky cleaning out my mom's garage, i found a receipt for a basketball that my father bought in 1975. the price? $49.95.
now, "$49.95" seems like exactly the price you might pay for a nice basketball in 2016. it really does. it seems like you would walk into a sporting goods store and $49.95 is *exactly* what you would expect to pay for a decent indoor basketball.
AND YET. when i punched the price into the inflation calculator, I discovered that the inflation adjusted price in 2016 dollars is -- a whopping **$223.27!!!**
how is this possible?
do you see what i mean by the asymmetry here? it's like some things inflate, while others do not. but that doesn't make sense. it's like magic.
it's a sim glitch. |
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Date: July 4th, 2016 3:47 PM Author: bat-shit-crazy property global capitalism has its upsides. (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30850974) |
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Date: July 4th, 2016 3:48 PM Author: Arousing fluffy marketing idea New video games cost 50-60 bucks in the late 80s and are 40-50 now (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30850981) |
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Date: July 4th, 2016 3:51 PM Author: Fiercely-loyal corner yup.
i had a subscription to GamePro for years and i never got over how NeoGeo games were like $150 or whatever.
to this day i've never known a person that owned a NeoGeo. i always wanted to play one so bad. Their versions of Street Fighter and Samurai Showdown looked so fucking badass. |
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Date: July 4th, 2016 3:54 PM Author: Arousing fluffy marketing idea Yeah those systems like neo geo and turbografx may as well have been mythical, never saw them IRL (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30851014) |
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Date: July 4th, 2016 3:57 PM Author: bat-shit-crazy property same thing, but i've thought about getting one recently. would be pretty 180. (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30851030) |
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Date: August 3rd, 2025 8:48 PM Author: i gave my cousin head those games were good though (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#49153848) |
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Date: July 4th, 2016 3:49 PM Author: Fiercely-loyal corner I feel that way about CD's. (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30850985) |
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Date: July 4th, 2016 3:53 PM Author: mischievous saffron pocket flask phones cost 700 bucks now. what were they back then (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30851011) |
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Date: July 4th, 2016 3:54 PM Author: bat shit crazy meetinghouse becky $23,427 (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#30851013) |
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Date: July 4th, 2016 3:55 PM Author: mentally impaired toilet seat shitlib The $20 gold coins with about an ounce of gold in them are worth $1,350 now. Is $100 in 1920 worth $6,750 today? You tell me.
http://www.thepeoplehistory.com/20s-homes.html
Most of this asymmetry is due to technology, offshoring and government interference in markets.
Also there is no good way to measure inflation because of this. |
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Date: August 6th, 2025 8:55 AM Author: gram parsons (http://www.autoadmit.com/thread.php?thread_id=3273330&forum_id=2],#49161167) |
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Date: August 6th, 2025 8:58 AM Author: cowgod (retired) (🧐) this thread was fucking retarded
there were zero unemployed white engineers in america in 2016, it's just a bunch of biglawyers pretending to give a shit about proles because hehe fuck glocap |