Is this why an 18MZ is $2,999?
03-04-2013, 01:15 PM
#1
Is this why an 18MZ is $2,999?
Check this out.
Here’s what a Kraft 6 channel set which sold for $450 in 1968 would sell for in today’s dollars.
Just plug in $450 and 1968
http://www.usinflationcalculator.com/
Here’s what a Kraft 6 channel set which sold for $450 in 1968 would sell for in today’s dollars.
Just plug in $450 and 1968
http://www.usinflationcalculator.com/
03-04-2013, 02:00 PM
#3
RE: Is this why an 18MZ is $2,999?
Looking at inflation during the last half of the 1970's (Carter era) and you'll be really astonished. Just go year-by-year from 1975 to 1980!
Andy
Andy
03-04-2013, 07:41 PM
#5
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RE: Is this why an 18MZ is $2,999?
I purchased a PCS in 1966 for $300. At the time I was making $160 a week. So it was about double my weeks pay.
How many of you make $1000 a week?
There is something wrong here.
I plugged 300 into the calculator and the result was $2,132.22
How many of you make $1000 a week?
There is something wrong here.
I plugged 300 into the calculator and the result was $2,132.22
03-05-2013, 09:26 AM
#6
RE: Is this why an 18MZ is $2,999?
ORIGINAL: dirtybird
How many of you make $1000 a week?
How many of you make $1000 a week?
$55K salary is typical for a young guy with the right education and 5 years experience.
I put in my starting salary when I graduated after 1986. Guess what - it works out to $55K today. (I probably got a little bit more pay than average because my skills were in demand, and I was working for a defense contractor).
Andy
03-05-2013, 12:18 PM
#8
RE: Is this why an 18MZ is $2,999?
That's too funny. A PCS was my first radio too, and about the same year! I have no idea how I scraped that 300 bucks together at age 15; although no wife, no kids, no mortgage, and no tuition might have had something to do with it.
Radios are amazing bargains today, and they actually work! The story goes, smart guys back then would take a new radio out of the box, put greasy fingerprints all over it and send it back saying it didn't work. Apparently quality control was a bit lax back then. I guess they learned that little trick the hard way!
Radios are amazing bargains today, and they actually work! The story goes, smart guys back then would take a new radio out of the box, put greasy fingerprints all over it and send it back saying it didn't work. Apparently quality control was a bit lax back then. I guess they learned that little trick the hard way!
03-06-2013, 05:47 AM
#9
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RE: Is this why an 18MZ is $2,999?
Nice perspective. The only thing that does not match is Brand name glow engines.
I remember purchasing a Japanese 0.25 BB glow engine for $60 in 1992. Today's cost should be ~$100 according to the calculator. In reality it is more like $130-$160.
I guess the model does not match because the demand of glow engines has probably decreased a lot with the introduction of electrics. Also, it does not take into account that you can also purchase this size glow engine from China at $60 or so.
I remember purchasing a Japanese 0.25 BB glow engine for $60 in 1992. Today's cost should be ~$100 according to the calculator. In reality it is more like $130-$160.
I guess the model does not match because the demand of glow engines has probably decreased a lot with the introduction of electrics. Also, it does not take into account that you can also purchase this size glow engine from China at $60 or so.
