3 ms·
Do bear in mind inflation. $200 in 1987 is approximately equivalent to $430 today [1]. So we could reasonably predict, ignoring technology changes, that your $
by kemayo 10y ago
Do bear in mind inflation. $200 in 1987 is approximately equivalent to $430 today [1].
So we could reasonably predict, ignoring technology changes, that your $200 bike was at least twice as good as a $200 bike bought this year.
[1]: http://www.dollartimes.com/inflation/inflation.php?amount=200&year=1987 http://www.dollartimes.com/inflation/inflation.php?amount=20...
- SwellJoe 10y agoSo, I obviously underestimated inflation. My first bike (the Chromoly Huffy I mentioned a couple of posts back) cost a little less than $100 in about 1983. That same $100 is $242 today. $242 will actually buy an all Chromoly BMX bike today ( http://a.co/5vAYzBc http://a.co/5vAYzBc ). So, I guess we're keeping pace with inflation, and I need to tie an onion to my belt, as was the fashion at the time. We just need to re-arrange our expectations to match current reality.