It takes now 53 weeks salary to earn same as 30 weeks in 1985

Re:It takes now 53 weeks salary to earn same as 30 weeks in ... by o_nate on Thursday February 20, 2020 @04:31PM (#22378835)

Actually it's the BLS that says inflation has not affected car prices. And, yes, he is questioning their methodology.

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Re:It takes now 53 weeks salary to earn same as 30 weeks in ... by NovemberWhiskey on Thursday February 20, 2020 @06:05PM (#22379447)

Well, it's interesting.

If you wanted to buy a BMW with 250hp in 1996 that would run 0-60 in about 5.5s and seat four adults, you were going to be buying an M3 for about $40,000.

If you want to do the same thing in 2020, you're going to buy a 330i for almost the exact same money only with a bunch more safety tech, 50% better fuel economy, more luggage space, more passenger space ...

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Re:It takes now 53 weeks salary to earn same as 30 weeks in ... by pas on Thursday February 20, 2020 @04:55PM (#22379042)

Inflation measurement is a hard problem. Some say it's over-estimated: https://johnhcochrane.blogspot.com/2019/08/inflation-and-his...

(More on quality adjustments: https://www.brookings.edu/blog/up-front/2018/07/25/measuring... )

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