27 votes

The cost of living in 1962

The central bankers do everything they can to make sure prices rise every year. This encourages the creation of debt, which is the lifeblood of our current economic system. Inflation such as we have today did not always happen. Prices don’t just naturally rise. It takes manipulation to get people to feed the beast, to take out ever larger mortgages and car loans. To become debt slaves.

SOURCE <<<




Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Stamps didn't cost .4 cents

That's 4/10 of a cent. They cost 4 cents. Or $0.04. But they did not cost .4 cents. Eight out of 15 of those prices are incorrect because they all put a decimal point in front of the number when using a cent sign.

This is basic stuff that should have been learned in elementary school, and is just as wrong as when people spell its as it's and use an apostrophe s ('s) to make a word plural - like DVD's or the 1960's when it should be DVDs or the 1960s.

Even if you went to government school, there's no excuse for this.

No King but Jesus, no President but Ron Paul

If a stamp cost .4 cents in 1962 and .45 cents in 2013......

...we can assume the government ( U.S. Post Office ) is admitting that inflation has increased 1025% over the last 51 years. This is an average of 20% a year.

The Bureau of Labor Statistics inflation calculator states that .4 cents in 1962 would be .31 cents in 2013 which is an increase of 675%, or 13% a year average.

http://www.marshu.com/articles/calculate-percentage-increase...

http://www.bls.gov/data/inflation_calculator.htm

US First Class Postage from 1900 to present:

http://pricedingold.com/us-postage/

Free includes debt-free!

LOL

BTW, I have the income tax rates of the USSR from the mid 70's somewhere. I will post them sometime.

This is a great post. We need more like this.

Harvard.... $1520 lmao ....This probably will not even get you a parking permit for a semester :P

donvino

A family of four

could eat well on $20.00 per week.
War has destroyed the dollar.

Cyril's picture

BUMP. Thank You for this.

BUMP. Thank You for this.

Ha! I love people who care to honor FACTUAL memory.

A FREE people BUILT a prosperous America.

A COMMUNIST government IS TRYING to enslave Her.

You have no choice:

DEMAND your liberty AND justice be back, America!

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Merle Haggard wrote this song back in 1982

I wish a buck was still silver
It was back when the country was strong
Back before Elvis, before Vietnam war came along
Before the Beatles and yesterday
When a man could still worked still would
Best of the free life behind us now
And are the good times really over for good

Are we rolling down hill like a snowball headed for hell
With no kinda chance for the flag or the liberty bell
Wish a ford and a Chevy
Would still last ten years like they should
Is the best of the free life behind us know
And are the good times really over for good

I wish coke was still cola
And a joint was a bad place to be
It was back before Nixon lied to us all on tv
Before microwave ovens
When a girl still cooked and still would
Is the best of the free life behind us know
And are the good times really over for good

Are we rolling down hill like a snowball headed for hell
With no kinda chance for the flag or the liberty bell
Wish a ford and a Chevy
Would still last ten years like they should
Is the best of the free life behind us know
And are the good times really over for good

Stop rolling down hill like a snowball headed for hell
Stand up for the flag and let's all ring the liberty bell
Let's make a ford and a Chevy
That would still last ten years like they should
But the best of the free is still yet to come
And the good times ain't over for good

Support these Liberty Candidates and find and add more !
http://www.dailypaul.com/287246/2014-liberty-candidate-thread

2016 Presidential Candidates Exposed!
http://www.dailypaul.com/307360/2016-potential-presidential-...

Love me some

Merle. Mama Tried

The real staggering figures ? The cost of a home and average ...

income ratio: about 2.2:1 in '62

it was about 4.8:1 in 2010 so DYOC, but I think it has only gotten worse.

But that man should play the tyrant over God, and find Him a better man than himself, is astonishing drama indeed!~~D. Sayers
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

www.dailypaul.com/280083/jesus-christ-vic

I think it's quite a bit

I think it's quite a bit higher than 4.8:1 today, depending on where you live. prob. closer to 6+.

“Let it not be said that no one cared, that no one objected once it’s realized that our liberties and wealth are in jeopardy.”
― Ron Paul

Must have been nice

But..I wasnt born till a year later..Damn..I miss all the good stuff
Sucks to be me

I believe in Hope & Change..I Hope the government will Change
Spindale-Rutherford County-North Carolina

Bought my first new car in

Bought my first new car in 1966. Brand new Red Pontiac GTO 2dr hardtop, 4speed/Hurst shifter, 3-2 barrel carburetors. $3200.
Wish I had it now> (-:
Here's a cherry one for $28,000 today.
http://www.autobia.com/car-detail/gto/Pontiac-GTO-Base-1966-...

“It does not require a majority to prevail, but rather an irate, tireless minority keen to set brush fires in people's minds”
-Sam Adams

Gold and Silver price

Gold was $35/oz and silver was $1.2/oz, according to kitco.com

So it means the average salary was about $192000 acording to gold or $92600 according to silver.

And you can see food price is significantly lower. An oz of silver bought a gallon of milk then, but now it can buy about 5 gallons of milk today. Even raw milk , you can get about 3 gallons for an oz of silver.

Baby delivery $500.

Baby delivery $500.

Yep. I recently asked my

Yep. I recently asked my mother how much it cost to deliver me (1964). She said it was $500 and that included prenatal care which was important because she developed severe toxemia. No insurance. They borrowed the money from my grandparents and made payments to the hospital.

500ozAg or 14ozAU?

$10,000 to $18,278 at today's prices.

Free includes debt-free!

Price these items in silver.

And the same amount of silver could buy them today.

Silver melt value, current silver prices.
http://www.coinflation.com/silver_coin_values.html

Free includes debt-free!