Measuring Prices in Hours Worked – Epi-3775

Recently I posted and advertisement for guns on Facebook and X it was from 1972. Featuring things like a Remington 1100 for 144 dollars and a Marlin 30-30 for 80 bucks. A few people who I do applaud for doing the math pointed out that things like the Mossberg pump at 64 bucks was actually a little more expensive in 72 vs. today if measured against CPI inflation. Again I applaud anyone for doing math but OF COURSE IT TRACKS WITH INFLATION. Yes, inflation tracks with inflation, shocking! Seriously what actually matters is real cost, not dollar cost. The dollar … Continue reading →