$100 in 04/1948 is $1,349.36 today 04/2025
Hi Elliot.
Great to see you posting.
I enjoy discussing things, but economics is not my strong point.
When I was working I used to drive the Finance People mad.
It was a monthly meeting,with all Departments.
Do you realize how much you have spent.?
Nope ,Sorry , that is your job, you charge me a Fortune to do so.
You are spending too much.
Fine, if money comes first, let me know where you live and where your kids go to School.
I am sure your wife will be happy when she knows where you live and where your kids go to school have had all Protection cut because of your wish to save money.
Is that US dollars?
In 1948 the average US family earnings was $3,200 but now the average salary is about $62,000. So that is an increase of x20. That is while the dollar is worth x13 less - so a net gain.
If that is the only data we look at then I’m not sure why people are complaining about the cost of living!!