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by OscarCunningham
1866 days ago
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> So in 1990 you could get a mustang for $20k, and if instead you stuffed 20k in you mattress for 30 years, you could now buy a base model Kia, which when all the positives and negatives are added up delivers similar value to the features of a 1990 mustang. Yep this was my point. We can see if the CPI is being calculated correctly by comparing cars which had the same price in each year and see if they really are about as good as each other. Whether you want to call this 'inflation for cars' is just semantics. (The original article says a Mustang in 1990 cost $9000, but I've also found sources for $10000 and $20000 so you might be right on that point.) |
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