[Heath] Need NEW replacement knobs for Heathkit VF-1

[Glen Zook]

I didn't take the comparison as a complaint!  I was just showing the comparison of the parts as compared to the whole.  Unfortunately, there are people who think that things should be priced at the absolute dollars decades ago instead of the present value.  In many cases the cost of the materials today is more than the absolute dollar amount "back then" and that doesn't include labor, shipping costs, and so forth.

When my wife and I were first married, in 1965, we ate very well on less than $10 a week and $100 worth of groceries would more than fill a pickup truck.  Nowadays $100 worth of groceries will fit in 2 or 3 large grocery bags!  I have seen people spend more than $100 on groceries at Walmart and everything fit in a single bag!

The cost of mailing a first class letter was 3 cents per ounce from the Civil War until the 1950s.  Today the cost is still 3 cents per ounce.  The remainder of the cost of a stamp is for storage costs since, on average, it now takes longer for a letter to get from place to place!

Glen, K9STH

Website:  http://k9sth.com


--- On Tue, 6/28/11, Kenneth G. Gordon <kgordon2006 at frontier.com> wrote:

Mine at http://www.westegg.com/inflation/ gets $451.64 by 2010.
 
Or, going the other way, the price of the knobs in 1956 would be $6.96!
 
And mine gets $7.19.
 
I most certainly was NOT complaining about your prices, Glenn!
 
I was simply trying to show that the value of our dollar has deteriorated very significantly since 1956.
 
In fact, if you trace the value of our dollar from 1800 to 2010, $1.00 in 1800 would equate to $12.65 in 2010.
 
And what is MOST interesting is that the value of our dollar stayed pretty much the same from 1800 to 1913....when it began its nearly 45 degree down-angle.
 
1913 was the year when both the income tax and the Federal Reserve were put in place.