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Revenge of the Sith / Re: Toy Runs affected by Gas Prices?
« on: September 1, 2005, 09:24 PM »
You also have to think of what it's all relative to.
50 years ago, a gallon of regular gas was about 30 cents. Now it's around $2.50. But are today's gas prices high compared to 1950?
To answer that, you have to take into account inflation that has occurred over the last 50 or so years. By calculating inflation, what cost 30 cents in 1950 costs $2.33 today.
With just a bit of analysis, that means gas prices today are only about 8% higher than they were in 1950.
I heard an Oil company spokes person slip durring an interview (about two years ago) and say specifically that the higher prices have nothing to do with actual rises in cost or inflation. They're just charging more to get more proffit. Much like Target is doing with their exclusives.
I've seen a lot of folks complaining that the government do something about the prices... bad idea folks! Why do some people always want the government to run EVERYTHING?
If the corporations wouldn't rape us (i.e, pharmasutical, health ins, energy companies) we wouldn't have to ask for help.
Greed is human nature.
But that's starting to get political...
I've been asking myself if I really need to go out, so I've been incorporating any toy runs into other erands.