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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (382779)5/6/2008 8:46:11 AM
From: michael97123  Read Replies (2) of 1575439
 
Truth is $4 gas aint that expensive. I remember as a kid, gas was typically 30-40 cents. So now lets hope its 3-4 dollars. I am thinking 1960 as the base. So its 10X more than now. How much has inflation been over the last almost 50 years? Bet it isnt that much different. I bought a care in 64 for $2,000 bucks. Same care would be about $20K today. A hot dog was 20 cents, a slice of pizza 15 cents. I would think gas is a bit more than inflation but now add back fuel efficience. My car in 1960 got 10 mph, my current one lets be conservative and say 20. Truth is that oil was lower for all those years. It now marks itself to the rest of commodities and inversely to the dollar.
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