in the 1970s or 1980s if a nice dress shirt was $10-15, then it's not entirely a different thing from $70-100 today. it's not a question of "want to pay $70",

in the 1970s or 1980s if a nice dress shirt was $10-15, then it's not entirely a different thing from $70-100 today. it's not a question of "want to pay $70", we'll want to pay the lowest price possible for the equal goods. if the cost of shirts doubled, you might buy less of them and wear them longer. i remember my dad probably had 5 nice dress shirts, two suits and a sport coat. i'd rather have $70 (or $100) shirts and a functioning middle class.