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Related: Culture Forums, Support ForumsQuestion: Has there been anything that has gone down drastically in price? Yes, Do you know what?
rsdsharp
(12,002 posts)consumer electronics are much cheaper than they were a generation ago.
OAITW r.2.0
(32,133 posts)Given what I think is reasonably good financial news, why is the market shedding all their gains from earlier this year?
Deuxcents
(26,916 posts)My IRA is feeling it. The stock market is a rich mans game of legit gambling..jmo..but I put my contribution into a 401K for years as thats how the game was played..to help with retirement was the carrot. Not being savvy in the ways of the market or gambling, Ive learned the hard way at times.
Response to Stuart G (Original post)
Thinker Cats This message was self-deleted by its author.
Stuart G
(38,726 posts)From Chicago to California .(in the 50s)...3 minutes in today's money ---at least $5.00
today's cost .............................3 minutes today.......................21 cents ( I just looked at my phone bill to see the latest rate)
........................................................................................................................ I have friends in California
For some people there are plans that offer unlimited calls at a monthly rate.
captain queeg
(11,780 posts)there are things that havent gone up as much as youd expect. Like someone already said electronics. Other things when compared to a few decades ago have only gone up 300 or 400 percent compared to lots of other things that have gone up at least ten fold. Im thinking of groceries particularly. They feel like theyve gone up a lot but that may be because you pretty much have to buy food and a lot of other things can be delayed or just not even purchased.
malthaussen
(18,569 posts)... is that they seem not to take into account the rate changes of commodities people actually buy, in contrast to big-ticket items like housing and vehicles.
This is an amusing site: https://www.mclib.info/Research/Local-History-Genealogy/Historic-Prices
It's the Morris County Library in New Jersey, where they have a project of researching prices by using local newspaper flyers and other advertisements. Keeping in mind that prices also fluctuate regionally, you can browse around and marvel at how much (or how little) the prices of things have changed over time.
-- Mal
captain queeg
(11,780 posts)There are a couple prices that I always remember from when I first started working, about 1975. I worked in a meat market and ground beef was 0,99/lb, which this site shows. Not sure where it is now but I think its maybe gone up 4 fold. I also bought a new 25 color TV and I think it was around $500. Thats something that has actually gone down, I think you can get one for about $300 nowadays.
The big ticket stuff like homes and autos has probably gone up 10x, maybe even more. And pay has certainly not gone up as much for regular, hourly workers.
Butterflylady
(4,584 posts)Stuart G
(38,726 posts)Earl_from_PA
(306 posts)PA is the official post office two letter designation.
Meadowoak
(6,606 posts)We have three gas stations in Atchison KS. Their prices haven't gone down in over a year. I fuel up twenty miles south in Leavenworth.
yellowdogintexas
(23,694 posts)MLAA
(19,745 posts)The Blue Flower
(6,490 posts)now you can buy them at the Dollar Store.
malthaussen
(18,569 posts)... I once received a calculator (basic arithmetic, nothing special) as an item included with a fellow's business card, like pens are also. They're that cheap.
-- Mal
Elessar Zappa
(16,385 posts)TV price has gone down I believe.
ChazInAz
(3,017 posts)ms liberty
(11,237 posts)Last fill up was 3.12 a gallon; the one before that was 3.29 a gallon. The one before that one was 3.49 a gallon. That's over about a 3-4 week period. I've been on the road a lot this month. I saw it lower last week (2 93), but I was on the interstate, halfway across the state from home, on a time schedule, and I didn't need gas.
dembotoz
(16,922 posts)air fryers and such....
malthaussen
(18,569 posts)It's really quite astonishing to remember how much a tube color TV cost in, say 1965, compared to the same thing in a sold state configuration. In order to make televisions more expensive, manufactures had to increase the sizes, resolutions, and overall utility, and they're still not as expensive as a Magnavox in constant dollars. Same is true of adio equipment, calculators, computers, etc. As a corollary of Moore's Law, the more transistors they cram on a chip, the cheaper the chips seem to get.
Large appliances, while still pricey items, are not so expensive in constant dollars as they were, say, 50 years ago, but their durability has gone downhill, so it kind of balances. Who keeps a refrigerator for 40 years now, or could?
Many commodities have not gone up in sync with inflation, but many others have shot up disproportionately, the biggest being housing.
-- Mal
chouchou
(3,144 posts)Bought a nice looking smart watch last week for 26.49 (Amazon) 2 year warranty. Does the heart beat, steps and way more stuff. Pretty cool
Apple sells them for arm, leg and other appendages.
(Apple sales are down..Gee, I wonder why)
Ferrets are Cool
(22,957 posts)Hell, there are 75 " ones in Walmart for less than $500. And they are not bad quality.