Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dollar Devaluation
>
Reply to Thread
Message:
<p>[QUOTE="10gary22, post: 1057542, member: 23626"]Sorry, but the car anology is comparing apples to oranges. But in reality, a $30k auto would require 200 days of a net pay of $150. I do not know the take home pay of an average worker in the US, but I do know that few people today can pay cash for a car. In fact fewer and fewer will ever own a car. Leasing one seems to be the popular method of having one today. As with housing prices, a simple comparison won't work either because of the huge differences in construction costs, size, zoning & building codes, etc. </p><p> </p><p>I had thought at one time that raw land cost could measure inflation/devaluation, but since the availability and location always changes due to population growth and shifts. laws and other factors. That cannot be accurate either.</p><p> </p><p>I am going to ask my son, an economist, how they measure it. But however it's done, it's guesswork. IMHO</p><p> </p><p>gary[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1057542, member: 23626"]Sorry, but the car anology is comparing apples to oranges. But in reality, a $30k auto would require 200 days of a net pay of $150. I do not know the take home pay of an average worker in the US, but I do know that few people today can pay cash for a car. In fact fewer and fewer will ever own a car. Leasing one seems to be the popular method of having one today. As with housing prices, a simple comparison won't work either because of the huge differences in construction costs, size, zoning & building codes, etc. I had thought at one time that raw land cost could measure inflation/devaluation, but since the availability and location always changes due to population growth and shifts. laws and other factors. That cannot be accurate either. I am going to ask my son, an economist, how they measure it. But however it's done, it's guesswork. IMHO gary[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dollar Devaluation
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...