I remember watching a news program about inflation in either Venezuela or Argentina (can't remember which) in the early 1970s, during which a shopper at a supermarket told the reporter that she saw what inflation had done when she realized she had just paid the same price for a pack of gum that she had paid (in pesos) for her house ten y…
I remember watching a news program about inflation in either Venezuela or Argentina (can't remember which) in the early 1970s, during which a shopper at a supermarket told the reporter that she saw what inflation had done when she realized she had just paid the same price for a pack of gum that she had paid (in pesos) for her house ten years earlier. My first house was a small farmhouse on 20 acres across from a creek that cost all of $27,500 in 1972. Most cars now cost at least double that. Let's hope the price of gum stabilizes!
I remember watching a news program about inflation in either Venezuela or Argentina (can't remember which) in the early 1970s, during which a shopper at a supermarket told the reporter that she saw what inflation had done when she realized she had just paid the same price for a pack of gum that she had paid (in pesos) for her house ten years earlier. My first house was a small farmhouse on 20 acres across from a creek that cost all of $27,500 in 1972. Most cars now cost at least double that. Let's hope the price of gum stabilizes!