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> How did people afford to buy anything back then? Gadgets and appliances were a lot more costly back then but housing, tuition, health care, and food were all
by api 4y ago
> How did people afford to buy anything back then?
Gadgets and appliances were a lot more costly back then but housing, tuition, health care, and food were all quite a bit cheaper.
We've had 30+ years of "disinflation" or "in-deflation" which is high inflation in everything you need and deflation in everything else.
The common denominator in the things that have inflated is that they're hard to outsource.
- kube-system 4y agoFood was not cheaper back then, it is cheaper now. The food market is much more global and mechanized than it was in the 80s. When I was younger, "imported food" was a novelty because the local in-season food was all you could normally get. Now it's (hilariously) the opposite.
- api 4y agoI stand a bit corrected on food but I think tuition and health care and especially housing are not debatable. Housing is particularly bad and overwhelms any improvements in food.