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<p>[QUOTE="mikem2000, post: 2222717, member: 30574"]No way possible to understand inflation over the last 30, 40, 50 years just by doing shopping. I definitely will call shenanigans if you tell me you can recite the histoical price of all your items for several decades....I see this all the time. People just say, I go shopping and things are so expensive and that somehow proves that inflation is higher than what is reported. Well, I have news for you, the only thing that proves is things are expensive. But guess what, they were expensive in 1960 also, and in 1970, and in 1980. You just need to do the math to check out what percent of an average workers weekly salary goes to purchase a gallon of milk. I have done that research and can tell you things were more expensive in 1960 then they were today. Again, you don't believe me check it yourself.</p><p> </p><p> </p><p><br /></p><p> </p><p>Refusing to do a little research to learn the truth or explain why you didn't want to make that effort. BTW you have every right to do neither, I just called you out, you didn't need to respond, but that would just make your argument even weaker.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 2222717, member: 30574"]No way possible to understand inflation over the last 30, 40, 50 years just by doing shopping. I definitely will call shenanigans if you tell me you can recite the histoical price of all your items for several decades....I see this all the time. People just say, I go shopping and things are so expensive and that somehow proves that inflation is higher than what is reported. Well, I have news for you, the only thing that proves is things are expensive. But guess what, they were expensive in 1960 also, and in 1970, and in 1980. You just need to do the math to check out what percent of an average workers weekly salary goes to purchase a gallon of milk. I have done that research and can tell you things were more expensive in 1960 then they were today. Again, you don't believe me check it yourself. Refusing to do a little research to learn the truth or explain why you didn't want to make that effort. BTW you have every right to do neither, I just called you out, you didn't need to respond, but that would just make your argument even weaker.[/QUOTE]
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