And gas was .25 per gallon. But had to work very hard for that buck back then. (melancholy sigh thinking old times )
I'd much rather have high bullion prices accompany high prices for food, clothing, energy and shelter . . .
Get a grip? Really? . . . How about pulling your head out of the sand FD? I’d like to know other’s takes on prices not being that high . . .
Prices have become ridiculous, on everything. Try buying a new car, if you can even find what you want on the lot. The same food shopping I did pre 'pandemic' I now pay easily 30% more for. Some even higher, like seafood. Sea scallops used to be $18-$20/lb. Now it's $33/lb. Beef? Lol. No further comment on that. Gasoline, has fluctuated forever. However, with today's new work from home mentality, electric vehicles, restricted travel, engine efficiency, the use of petro fuels has dropped. Yet prices are as high as I can remember them being. How about empty shelves or just supply chain disruptions that drive prices up because demand is constant but supply is literally gone to zero on certain products. And those products that are still available have gone up because the cost of getting the product to the shelf has increased dramatically. I can go on, but it's a depressing conversation I'd rather cut short.
I read somewhere that in Roman times black pepper was worth it’s weight in gold. I imagine with a total disruption of the infrastructure spices and alcohol would become valuable. My investment? Farmland next to a remote Amish community ( I don’t need no stinking gas!)
We used to get in to the Saturday matinees at the local theater for a silver dime when we were young kids in the early 60s...those days are long gone.
Gallon of milk . . . $3.50 Loaf of bread . . . $2.50 2 BR apartment . . . $1900/mo Gallon of gasoline . . . $3.50 Average new car . . . $46,000 Shall I continue?
I remember the Saturday matinées. For a total of 25 cents you could get the movies, a box of popcorn and a soda. This was in the 50's. Park your bike out front and leave it for 4 hours. It would still be there when you came out.
I was hoping someone would post what is one of many obvious historical evidence of "materials' worth". Think of where we'd be without high carbon steel, Silver, Gold. Thanks!!
The Apocalyptic Revenge of the Nerds. Lucifer's Hammer by Niven and Pournelle has that as a sub-theme. One of the heroes is an overweight, diabetic SF fan with a cache of how-it-works books.
We must have lived in the high rent district since my brother and I got 50c each for movies and treats, late 1940's. [Actually, my dad bought our house for $3,500 in 1940.] For you gas price people, he filled up at a station on Crenshaw Blvd [yeh, LA] for about 10c/gallon where they hand pumped the amount of gas you wanted up into up into a glass cylinder and then let it drain by gravity down into your tank. [The car was a Franklin with a cool rumble seat.] When my dad died in the 1990's he still had several hundred walkers [he liked to plan ahead.] I still have a few of them, though most have gone for substantially over face, including some nice 38D's. [It took a few years, but I finally figured out why my mom and dad wanted to get us out of the house.]