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Inflation & Deflation Vlog (February 16, 2010)

1,421 views · Published 16 February 2010 · 13:14 · Indexed 14 November 2026

Channel: Money Charts · 2010 · People & Blogs

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Inflation & Deflation Video

COSTS of Products in 1972
Sports Illustrated Cover price - 60 cents
Gas at the Pumps - 36 cents
Average House - $30,500
Gallon Milk - $1.33
Postage Stamp - 8 cents
Virgina U tuition - $597
Oreos - 49cents/lb
Hershey Bar - 7cents/oz

1991 Prices
Sports Magazine - $2.95
Gas Prices - $1.19
Avg House - $117,200
Milk - $2.14
Stamp - 29 cents
Virginia Tuition - $3,890
Oreos - $1.59/lb
Hershey - $31cents/oz

Todays Prices
Sports Illustrated - $4.99
Gas Prices - Over $2.70 gallon
House Prices - Over $235,000
Milk Prices - Not sure, was $3.11 in 2009
Postage Stamp - 44 cents
Virginia U cost $9,672 last year
Oreos - $3.81/lb
Hershey - 60 cents/oz

Throw in that the money supply has increased from the years of 1991- to current than 1972-1991 we have had less inflation than based on the money supply.  If you throw in all the extra costs, one may argue say that is where the inflation comes from.  The surplus of buying more items.  

People can not afford to buy things like they once could and that is another reason we have not had this massive inflation that we had up to the end of the 70s and early 1980s.

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