Comment on WTF Happened In 1971?
reddig33@lemmy.world 2 months agoI’m not a libertarian, but something did go awry around that time. You can see it when you watch reruns of game shows like the price is right. Automobile prices double after a year, and then keep doubling.
Blue_Morpho@lemmy.world 2 months ago
??? I’m going to use a Dodge Dart as my basis because a 70 Dart was my family car.
1970 Original MSRP $2,261 1972 Original MSRP $2,528
www.jdpower.com/cars/1970/dodge/…/2-door-hardtop
That’s 7% annual inflation, not 100%.
protist@mander.xyz 2 months ago
A base 2013 Dart was $16K MSRP. At that rate it doubled once every 13 years or so from 1970…certainly not every year like dudebro said