aksheephuntress Posted April 26, 2008 Report Share Posted April 26, 2008 http://www.adn.com/money/story/386925.html Quote Link to comment Share on other sites More sharing options...
stevebeilgard Posted April 26, 2008 Report Share Posted April 26, 2008 some say prices are artificially high. i think they are a bit high, but normal. things double every 10 years. if you think back, a 1970 new truck cost 3,000. a 1980 cost about 6,000. a 1990 was 12,000. a 2,000 model year was 24,000. and yes, a 2010 model new truck will be 50,000. now, trace back the price of the home you grew up in, and use the same multiplier. you'll find disgustingly similar results, and it's called normal inflation. gold in 1978 was over 850. and ounce. then, it plummeted to 300, and is just now back to it's old price. who knows what the future will bring. Quote Link to comment Share on other sites More sharing options...
buckee Posted April 27, 2008 Report Share Posted April 27, 2008 some say prices are artificially high. i think they are a bit high, but normal. things double every 10 years. if you think back, a 1970 new truck cost 3,000. a 1980 cost about 6,000. a 1990 was 12,000. a 2,000 model year was 24,000. and yes, a 2010 model new truck will be 50,000. now, trace back the price of the home you grew up in, and use the same multiplier. you'll find disgustingly similar results, and it's called normal inflation. gold in 1978 was over 850. and ounce. then, it plummeted to 300, and is just now back to it's old price. who knows what the future will bring. Now go back and check the wages for the regular working stiff .:rolleyes: Something doesn't add up. Quote Link to comment Share on other sites More sharing options...
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