The Down Range Forum
Member Section => Down Range Cafe => Topic started by: TAB on August 12, 2009, 07:48:11 PM
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the model T was released. It sold for $850, the average americans salary in 1908 was $2-300, a year.
and you think your new car is expensive.
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Successful marketer that he was, after the initial rush, he gave his employees raises, so they could possibly afford one for themselves.
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What cost $850.00 in 1908 would cost $20123.62 in 2008.
http://www.westegg.com/inflation/
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What cost $850.00 in 1908 would cost $20123.62 in 2008.
http://www.westegg.com/inflation/
That is in line with gun prices, 1865 a modern military rifle (Henry) cost about a months wages for a common laborer , $30 - $40 Now a modern military style rifle costs about a months wages for a factory worker, $1500 -$2000
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What cost $850.00 in 1908 would cost $20123.62 in 2008.
http://www.westegg.com/inflation/
when the average pay is 2-300 a year and something cost 850, that would be like 135k as the average income in th eus is a little over 40k
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when the average pay is 2-300 a year and something cost 850, that would be like 135k as the average income in th eus is a little over 40k
Sorry, but you're confusing increase in income rates with the rate of inflation. Two VERY different things.
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Sorry, but you're confusing increase in income rates with the rate of inflation. Two VERY different things.
Excellent point.