3 ms·
I don’t know what kind of suit you could buy but I 1933 for $20, but I know that today 1200 is far more than you’d need for a ‘nice suit’ due to price reduction
by djrogers 9y ago
I don’t know what kind of suit you could buy but I 1933 for $20, but I know that today 1200 is far more than you’d need for a ‘nice suit’ due to price reduction and globalization.
- tmaly 9y agomy point was that you could buy a suit for the $20 prior to 1933 and with the same coin today still buy a suit. The currency was stable, so it protected a person's savings. You hear all these horrible stories of elderly people having to choose between food and medicine. Prices keep escalating, and these elderly people live on fixed incomes.