Quote:
Originally posted by Heretic
Smalltown, what comsumable hasn't gone up in price?
Food, water (remember it use to be free), wood etc etc
Its only technology items that have come down drastically like the GPS, airbags etc you elude to. |
Yes, people we're saying that adjusted for inflation, gas prices haven't moved very much and I was stating why this is the case (nothing changes about it!) If anything, new technology to refine it and ship lower prices. Gas is gas. Where as with the cars new research is being done all the time to add extra things, make them cleaner, make them faster, make them safer, etc.
Look under the hood of a car that is 15 years old and look under the hood of the same type of car now. A lot is different. Think back to gas 15 years ago, it probably looked about the same as gas does now.
But also gas prices are a reflection of the price of oil which is somehwhat out of the scope of the US economy (we don't set the oil prices) which go up and down with little relation to our inflation.