The good old days.
#3
Sure looks like cars were better value the, even given inflation. Today’s cars are safer, so there’s that. Let’s also remember wages and salaries were vastly lower in those days.
Inflation is deceptive: We save (or have saved) in yesterday’s dollars and used up time we can’t get back to earn those dollars. We spend (or not) in today or tomorrow’s dollars. If the government prints a whole lot of dollars, they’re devaluing (or perhaps stealing) the hours we devoted to earning those savings.
The other side effect of inflation & aging is that we older folks remember what wages we earned as young people. Those burned-in memories may influence what wages now-older people want to pay young people today. And some young people are really p*ssed off at the wages on offer because the new dollars just don’t match the purchasing power of the old ones we knew.
Pays to not forget money is relative measure and as some call it a “mass delusion”.
Chris
Inflation is deceptive: We save (or have saved) in yesterday’s dollars and used up time we can’t get back to earn those dollars. We spend (or not) in today or tomorrow’s dollars. If the government prints a whole lot of dollars, they’re devaluing (or perhaps stealing) the hours we devoted to earning those savings.
The other side effect of inflation & aging is that we older folks remember what wages we earned as young people. Those burned-in memories may influence what wages now-older people want to pay young people today. And some young people are really p*ssed off at the wages on offer because the new dollars just don’t match the purchasing power of the old ones we knew.
Pays to not forget money is relative measure and as some call it a “mass delusion”.
Chris
#6
#8
Cars are more expensive but safer , they have more technology , creature comforts which modern people demand. I don't think you can blame it all on the state of the country. The population determines what sells . Like buying a car without Bluetooth capabilities and GPS. That's a big buying point. We got a great deal on my wife's RAV4 27k . It's got the nice alloy wheels , it has the adaptive cruise control. Which honestly is awesome specifically when driving through the desert and long long hauls. I work on alot of modern cars and they although complex and annoying at times in many ways are very contemporary compared to older cars. Back in the 60's an ashtray in every seat and door. Little things like that the public wanted so at the end of the day it's the consumers .
#11
#15
I love old cars but my joke is..... If I was serious about going fast it wouldn't be with an olds. Let's face it. The race heros of yesterday had all the cutting edge tech they could get at that time. I really like the new mustangs and although I'm not a Ford guy I think it's the absolute best bang for the buck.
#16
I love old cars but my joke is..... If I was serious about going fast it wouldn't be with an olds. Let's face it. The race heros of yesterday had all the cutting edge tech they could get at that time. I really like the new mustangs and although I'm not a Ford guy I think it's the absolute best bang for the buck.
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