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Question: Has there been anything that has gone down drastically in price? Yes, Do you know what? (Original Post) Stuart G Oct 2023 OP
I don't know if anything, recently, but overall, adjusted for inflation, rsdsharp Oct 2023 #1
Stock market? OAITW r.2.0 Oct 2023 #2
Sell offs is my guess Deuxcents Oct 2023 #4
This message was self-deleted by its author Thinker Cats Oct 2023 #3
You have to be "Mature" to know this one...(65 to 80) Yes, the cost of a long distant phone call. Stuart G Oct 2023 #5
I can't think of anything specific, but when you take inflation into account captain queeg Oct 2023 #6
One of the reasons I don't trust "inflation" figures... malthaussen Oct 2023 #20
Interesting. Thanks. captain queeg Oct 2023 #24
In my part of PA......eggs. Butterflylady Oct 2023 #7
What does PA mean?? Stuart G Oct 2023 #8
Pennsylvania Earl_from_PA Oct 2023 #11
Gas, it's $2.73 gallon here in central KY, down about $1. From a year ago. Meadowoak Oct 2023 #9
Wow. ChazInAz Oct 2023 #15
Gas in Fort Worth is under $3 per gallon, and we have big pump taxes here. nt yellowdogintexas Oct 2023 #23
TVs and computers. MLAA Oct 2023 #10
Hubby paid $150 for a handheld calculator when they first came out The Blue Flower Oct 2023 #12
Or get them free... malthaussen Oct 2023 #19
Bananas always seem to be cheap. Elessar Zappa Oct 2023 #13
GOP members of congress. ChazInAz Oct 2023 #14
Gas. It's dropped about 25-30 cents a gallon. ms liberty Oct 2023 #16
small kitchen appliance dembotoz Oct 2023 #17
Electronics in general. malthaussen Oct 2023 #18
Hard drives. Smart watches. chouchou Oct 2023 #21
TV's It is unbelievable how cheaply you can purchase a big screen tv nowadays. Ferrets are Cool Oct 2023 #22

rsdsharp

(12,002 posts)
1. I don't know if anything, recently, but overall, adjusted for inflation,
Sun Oct 29, 2023, 05:55 PM
Oct 2023

consumer electronics are much cheaper than they were a generation ago.

OAITW r.2.0

(32,133 posts)
2. Stock market?
Sun Oct 29, 2023, 05:55 PM
Oct 2023

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)
4. Sell offs is my guess
Sun Oct 29, 2023, 06:16 PM
Oct 2023

My IRA is feeling it. The stock market is a rich man’s game of legit gambling..jmo..but I put my contribution into a 401K for years as that’s how the game was played..to help with retirement was the carrot. Not being savvy in the ways of the market or gambling, I’ve learned the hard way at times.

Response to Stuart G (Original post)

Stuart G

(38,726 posts)
5. You have to be "Mature" to know this one...(65 to 80) Yes, the cost of a long distant phone call.
Sun Oct 29, 2023, 06:20 PM
Oct 2023

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)
6. I can't think of anything specific, but when you take inflation into account
Sun Oct 29, 2023, 06:21 PM
Oct 2023

there are things that haven’t gone up as much as you’d 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. I’m thinking of groceries particularly. They feel like they’ve 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)
20. One of the reasons I don't trust "inflation" figures...
Mon Oct 30, 2023, 12:03 PM
Oct 2023

... 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)
24. Interesting. Thanks.
Mon Oct 30, 2023, 05:42 PM
Oct 2023

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 it’s maybe gone up 4 fold. I also bought a new 25” color TV and I think it was around $500. That’s 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.

ChazInAz

(3,017 posts)
15. Wow.
Sun Oct 29, 2023, 08:29 PM
Oct 2023

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.

The Blue Flower

(6,490 posts)
12. Hubby paid $150 for a handheld calculator when they first came out
Sun Oct 29, 2023, 07:49 PM
Oct 2023

now you can buy them at the Dollar Store.

malthaussen

(18,569 posts)
19. Or get them free...
Mon Oct 30, 2023, 11:57 AM
Oct 2023

... 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

ms liberty

(11,237 posts)
16. Gas. It's dropped about 25-30 cents a gallon.
Sun Oct 29, 2023, 08:43 PM
Oct 2023

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.

malthaussen

(18,569 posts)
18. Electronics in general.
Mon Oct 30, 2023, 11:54 AM
Oct 2023

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)
21. Hard drives. Smart watches.
Mon Oct 30, 2023, 12:59 PM
Oct 2023

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)
22. TV's It is unbelievable how cheaply you can purchase a big screen tv nowadays.
Mon Oct 30, 2023, 03:07 PM
Oct 2023

Hell, there are 75 " ones in Walmart for less than $500. And they are not bad quality.

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