this post was submitted on 28 Apr 2024
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A Boring Dystopia
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I’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.
??? 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
https://www.jdpower.com/cars/1970/dodge/dart-swinger/2-door-hardtop
That's 7% annual inflation, not 100%.
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