I price it in ounces of gold today not fiat. But yes I was off on the 80s price in dollars. In 1985 gold was 350. So 300k for the 55k sel using sound money. Can price it in other things as well and get the same values. Just not ever depreciating dollars.
Well when the rules of engagement aren’t made clear . . .
I price historical items in either Cheez Whiz or tubes of Ben Gay.
Jeebus just say you’re wrong, friend.
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Price it in 1985 assets besides the dollar. My point was that having a Benz in the 1980s meant something.
Inflation calculators are garbage for the most part and hides the true value loss that dollars have.
It has more to do with the stock market exploding in the 30 years since, and 1 in 20 now a millionaire vs 1985 when the world was still coming out of the 70s oil embargo and ridiculous inflation.
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Absolutely. But a Benz in the 60s meant something too. Today, not so much. Mainly due to loose credit and cheaper manufacturing.
My point was you didn’t mention this flexibility in metrics till your data was shown to be faulty.
We call that moving the goalposts at most jobs I’ve had.
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So did owning a Cadillac, even if the 80s was by far the decade that all but killed that brand
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A new house was 90k in 1985 and 400k today. Your money is worth what it will buy you. Having 55k to spend on a car was a lot different then. Using dollars to price things don’t show the whole picture.
It’s like words bounce off of you and fall in a sad pile near your shoes. Which would have cost 14 Extra Large Cheez Whizzes in 1987.
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How many Jell-o Pudding pops does that translate to, and is that before or after Cosby’s name was tainted?
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I will take up arms to defend my Thai restaurant. And the pup is anxiously ready for doggy daycare to reopen. She hasn’t had a pool party in a month and she can’t even get sick!
If not VW or BMW, some (individual) asshole billionaire or PE will overpay to say they own (pick your nameplate). As someone who is often extreme to make a point, I think Pagani overshot the sentiment.
And as I said before:
- yes anyone is free to do what they want
- new money lacks tact, and will walk over a mountain of COVID+ nursing home corpses for another 10% pre-incentive MSRP drop, or hopefully stretch into the next brand on a fire sale they can brag about at the club
- old money can buy you and your family and a family auto group of cars if they want, but it’s a GD pandemic outside and people are dying and how gauche to be extravagant and remind people you are a Kennedy-Vanderbilt-McArthur-Johnson
If you aren’t an essential worker whose car was totaled, or whose lease and extension are up, you can probably wait at least another month and take a Benadryl if the new car itch is that bad.
But shop local and support small business and donate to your food bank. 
My grandfather had 3 of them: a 300D, 300E, and 560SL. He was a warden in a Prison and not a particularly nice guy. My grandmother inherited money by accident, and that bought the 300D (he made state employees install a power outlet in his parking space for the glow plugs).
I guess I missed the point: did owning a Benz throughout the 1980s mean you watched Lee Majors drive one on tv?
It was just easier to mount them on a truck. But it’s a Taco so the payment is pequeño.
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Was the warden maybe doing a little something on the side? That’s quite a lineup
Holy shit, that brings back memories. When my grandfather died in 89, some of the junk we found in his basement/work area wasn’t fit for a 3rd world country (think cloth wrapped extension cords that the electric tape used to repair the cloth frays itself was frayed). What you or I would have thrown away 30 years earlier as an accident waiting to happen he didn’t think twice about using. That guy could’ve made a blender out of extra lawn mower parts
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As someone who follow the restaurant industry fairly closely (but in a totally non-professional capacity), I can assure that this is completely inaccurate, at least in highly regulated cities.
You don’t think that the local eateries, collectively across the country, support hundreds of other suppliers? The cook at the Thai restaurant isn’t raising their own livestock or growing their own vegetables. Suppliers can’t just switch from restaurant wholesale to supplying grocery stores b/c the regulations differ.
So when the farmers who supplied the restaurant industry fail (and many of them are actually now dumping out about 50% of their product), how will anyone open a restaurant?
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The Ministry of Plenty will give us Victory Penang curry and some saccharin mango sticky rice for desert.
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From the little I’ve read, the problem is that, for loan forgiveness, 75% of the loan must go to payroll and the business must start to distribute the funds no more than 8 wks after the funds are received.
I don’t know much about cash flow and breakdown of expenses in the restaurant industry, but unless that curry and mango sticky rice can be categorized as payroll (along w/ lease costs), the restaurants are still going to screwed (and are already lobbying Congress for a re-write).
Thanks for offering a sensible opinion.
As a kid, I watched all the Bionic Woman episodes dubbed in Cantonese, now I just remembered her driving up and down PCH in her SL.
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I recently watched the pilot of Bionic Woman, it’s on the NBC App for tv. It’s so bad and I remember that show so fondly. Outside mass syndication, so many shows prior to ~1988 never even conceived it would be “Taped” and shown more than twice. The first season of Knight Rider is filled with editing mistakes, it’s like a Highlights “find the differences” every week.
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