Inflation....what inflation?
Discussion
So today is my pearl (30th) wedding anniversary. I know what you're thinking....what a lucky lady. 
I was under instructions on the morning of my wedding to go out first thing and buy the papers, so that in years to come we could look back at them and treasure the wonderful memories.
Unfortunately, the day before was the Hungerford massacre, so the headlines of carnage and mass murder wasn't what the wife envisaged when she gave me her orders!!!
But that aside, having dug out the papers to look at them, here's a 30 year old ad for Dixons from the paper. Check out the 21" TV, a snip at £549.99.......that's £50 off!!!
I was under instructions on the morning of my wedding to go out first thing and buy the papers, so that in years to come we could look back at them and treasure the wonderful memories.
Unfortunately, the day before was the Hungerford massacre, so the headlines of carnage and mass murder wasn't what the wife envisaged when she gave me her orders!!!
But that aside, having dug out the papers to look at them, here's a 30 year old ad for Dixons from the paper. Check out the 21" TV, a snip at £549.99.......that's £50 off!!!
The style of the advert, speed lines on "Latest Technology" and that being "picture in picture and teletext".
When it comes to technology we've seen huge falls in real prices over the years, something we call Moore's Law in the industry. We've doubled the capability approximately every 18 months or achieve the same capability for half the price, compounded.
Probably won't have an advert on grocery prices, but it would be interesting to see any other striking areas, furniture sales, share prices, interest and mortgage rates, etc.
When it comes to technology we've seen huge falls in real prices over the years, something we call Moore's Law in the industry. We've doubled the capability approximately every 18 months or achieve the same capability for half the price, compounded.
Probably won't have an advert on grocery prices, but it would be interesting to see any other striking areas, furniture sales, share prices, interest and mortgage rates, etc.
TwigtheWonderkid said:
So today is my pearl (30th) wedding anniversary. I know what you're thinking....what a lucky lady.
I was under instructions on the morning of my wedding to go out first thing and buy the papers, so that in years to come we could look back at them and treasure the wonderful memories.
Unfortunately, the day before was the Hungerford massacre, so the headlines of carnage and mass murder wasn't what the wife envisaged when she gave me her orders!!!
But that aside, having dug out the papers to look at them, here's a 30 year old ad for Dixons from the paper. Check out the 21" TV, a snip at £549.99.......that's £50 off!!!
I remember buying my first VHS recorder for £299 thinking they could not get any cheaper. That would have been about 30 years ago.I was under instructions on the morning of my wedding to go out first thing and buy the papers, so that in years to come we could look back at them and treasure the wonderful memories.
Unfortunately, the day before was the Hungerford massacre, so the headlines of carnage and mass murder wasn't what the wife envisaged when she gave me her orders!!!
But that aside, having dug out the papers to look at them, here's a 30 year old ad for Dixons from the paper. Check out the 21" TV, a snip at £549.99.......that's £50 off!!!
I certainly remember buying a big TV (28 inch) a few years later for over £500.
I think the difference is that TV would probably still work today.
Manufacturers drive down costs with mass production in the far east, often at the expense of quality.
So while you're paying the same number of £s, what you're buying may not last as long.
At least people earn more of those £s so they're easier to replace.
Manufacturers drive down costs with mass production in the far east, often at the expense of quality.
So while you're paying the same number of £s, what you're buying may not last as long.
At least people earn more of those £s so they're easier to replace.
carreauchompeur said:
Wow... actually plenty of consumer goods like this have remained pretty low in the face of inflation
You can thank China.TVs that used to be made in Germany or Japan by someone on $10 an hour doing 40hrs a week are now made in China by robots and slave workers earning $1 an hour for a 72hr week.
zeDuffMan said:
I think the difference is that TV would probably still work today.
LCD's to me, seem to be a lot more reliable than CRT's, our first 27 inch Samsung, from 13 years ago is still fine, CRT tubes would go soft and generally just get unreliable, I dont think quality has got worse.Gassing Station | The Lounge | Top of Page | What's New | My Stuff