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A comment on The $20 an hour Cessna 172 experiment. Parent comment
According to BLS.GOV - 1970 $45 == 2022 $353.
Makes sense that something like an airplane would drop in price, but I'm surprised that it is (after adjusting for inflation) 1/3 the price that it was in 1970.
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According to BLS.GOV - 1970 $45 == 2022 $353.
Makes sense that something like an airplane would drop in price, but I'm surprised that it is (after adjusting for inflation) 1/3 the price that it was in 1970.