Site Links










Top Posters
Dotsie 23647
chatty lady 20267
jawjaw 12025
jabber 9954
Dianne 6123
Latest Photos
car
Useable gifts!
Winter wonderland/fantasy for real
The Soap lady meets the Senator
baby chicks
Angel
Quilted Christmas Stocking
Latest Quilt
Shelter from the storm
A new life
Who's Online
0 Registered (), 35 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Forum Stats
3215 Members
63 Forums
16301 Topics
210546 Posts

Max Online: 189 @ 09/21/13 03:01 PM
Topic Options
#217958 - 10/13/12 07:30 PM Libra then and now...
jabber Offline
Member

Registered: 02/17/05
Posts: 9954
Loc: New York State
Okay. Got a card in the mail today pointing out the different between prices in 1960 and now!

Gallon of milk then $ 1.04 / now 2012, $ 3.97
Loaf of bread .20 / l.89
New car 2,275.00 / 28,400.00
Gallon of gas .25 / 3.57
Home 30,000.00 / 264,140.00
Ave. income 5,199.00 / 40,584.00
Dow Jones 615.89 / 12,217.56

Senior thesis was on inflation. And it still blows me away!
_________________________
Throw me to the wolves and I'll come back
leading the pack.
Grace O'Malley

Top
#217959 - 10/13/12 10:19 PM Re: Libra then and now... [Re: jabber]
Anne Holmes Administrator Offline
Boomer in Chief

Registered: 03/12/10
Posts: 3160
Loc: Illinois
I started driving in 1968. I recall that gas was still less than a buck a gallon back then. Seems to me gas really started going up in the late 70s.

What did your thesis say about inflation, Jabber? (Love that you also did a thesis: My thesis was on how women 50-plus get their information? As in do they prefer different media than do those 18-24, o4 those in their 30s? Hopefully some intrepid student has reworked that thesis, since social media and the Internet were not available when I did my research.)
_________________________
Boomer in Chief of Boomer Women Speak and the National Association of Baby Boomer Women.
www.nabbw.com
www.boomerwomenspeak.com
www.boomerlifestyle.com
www.boomerco.com

Top
#217962 - 10/15/12 07:13 PM Re: Libra then and now... [Re: Anne Holmes]
jabber Offline
Member

Registered: 02/17/05
Posts: 9954
Loc: New York State
That thesis was for my senior year economics class. Remember getting a 95 out of 100 grade on it and subject matter including inflation's positive and negative effects on an economy. Stuff like interest rates regulated by central banks; investment encouraging; money supply; and rise in the general level of goods and services pricing, blah, blah, blah. The ususal bloviating on such a dry topic; conclusion being most economists favor a low, steady rate of inflation, enabling the labor market to adjust more quickly in a downturn. I can remember my folks' taking mortgages at 14 to 16 per cent, back in the dark ages! LOL...
_________________________
Throw me to the wolves and I'll come back
leading the pack.
Grace O'Malley

Top
#217965 - 10/15/12 09:29 PM Re: Libra then and now... [Re: jabber]
Anne Holmes Administrator Offline
Boomer in Chief

Registered: 03/12/10
Posts: 3160
Loc: Illinois
I remember them being that high in my lifetime. Maybe in the 80s? But I also recall my parent's first house bought in the mid-50s had a mortgage rate around 4%. Probably similar to what they are now -- just guessing, as I haven't been in the mortgage market for a few years...
_________________________
Boomer in Chief of Boomer Women Speak and the National Association of Baby Boomer Women.
www.nabbw.com
www.boomerwomenspeak.com
www.boomerlifestyle.com
www.boomerco.com

Top
#217967 - 10/16/12 03:18 PM Re: Libra then and now... [Re: Anne Holmes]
jabber Offline
Member

Registered: 02/17/05
Posts: 9954
Loc: New York State
I know, Anne. Interest rates sure have dropped. Many car loans have bottomed out at 0% in recent years. The global economic situation has a person scratching their head! It seems from the early 1950s to the late 1980s folks' experienced a booming economy; then things went awry.
_________________________
Throw me to the wolves and I'll come back
leading the pack.
Grace O'Malley

Top
#217970 - 10/16/12 07:36 PM Re: Libra then and now... [Re: jabber]
Anne Holmes Administrator Offline
Boomer in Chief

Registered: 03/12/10
Posts: 3160
Loc: Illinois
Yes, my daughter is looking at buying a new car. She says how can she not, when hers is 12 years old and several manufacturers are offering 0% interest right now...
_________________________
Boomer in Chief of Boomer Women Speak and the National Association of Baby Boomer Women.
www.nabbw.com
www.boomerwomenspeak.com
www.boomerlifestyle.com
www.boomerco.com

Top



NABBW.com | Forum Testimonials | Newsletter Sign Up | View Our Newsletter | Advertise With Us
About the Founder | Media Room | Contact BWS
Resources for Women | Boomer Books | Recent Reads | Boomer Links | Our Voices | Home

Boomer Women Speak
9672 W US Highway 20, Galena, IL 61036 • info@boomerwomenspeak.com • 1-877-BOOMERZ

Boomer Women Speak cannot be held accountable for any personal relationships or meetings face-to-face that develop because of interaction with the forums. In addition, we cannot be held accountable for any information posted in Boomer Women Speak forums.

Boomer Women Speak does not represent or endorse the reliability of any information or offers in connection with advertisements,
articles or other information displayed on our site. Please do your own due diligence when viewing our information.

Copyright 2002-2015 • Boomer Women SpeakBoomerCo Inc. • All rights reserved