LarryS
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December 2nd, 2013 at 9:00:39 PM permalink
I remember in 1978 I was in charge of getting soft drinks for an event for an organization I belonged to. So I found some 2 litre coke products on sale for 99 cents each. I was so proud that I found the good price, and was complemented for holding costs down.

Fast foward 35 years.

You can still get 2 litre brand name soft drinks on sale for 99 cents or sometimes less on sale

Other than technology...

can anyone think of anyrhing that has stayed the same price for 35 years?
DRich
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December 2nd, 2013 at 9:15:30 PM permalink
Many airline tickets are cheaper now than 35 years ago.
At my age, a "Life In Prison" sentence is not much of a deterrent.
rxwine
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December 2nd, 2013 at 9:21:54 PM permalink
You can still get a punch in the nose for free.
There's no secret. Just know what you're talking about before you open your mouth.
Buzzard
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December 2nd, 2013 at 9:23:01 PM permalink
In 1978 you would walk into a room, somebody was on the phone and would say SHHH, I am talking long distance . LOL

Does anybody have a home phone now ?
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
EvenBob
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December 2nd, 2013 at 9:32:50 PM permalink
Things like TV's, air conditioners and microwaves cost 1/4
what they did 35 years ago. In 1970 beer was $5 a case. You
can still find it on sale for $10 a case.
"It's not called gambling if the math is on your side."
LarryS
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December 2nd, 2013 at 9:33:15 PM permalink
Quote: rxwine

You can still get a punch in the nose for free.



I truly believe you are speaking from experience
LarryS
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December 2nd, 2013 at 9:41:10 PM permalink
Quote: EvenBob

Things like TV's, air conditioners and microwaves cost 1/4
what they did 35 years ago. In 1970 beer was $5 a case. You
can still find it on sale for $10 a case.



thats why i said other than technology. When I was in college a very basic calculator was 100 dollars in 1973.....with 2 aa batteries in it......now the same ones smaller with solar batteries.....can be seen at walmart for 2 bucks.

the airline ticket one is a pretty good one. I didnt think of that one. But that is a service more than a product. I am sure a face lift might cost less or lasik surgery as well....as services may decrease in price due to competiton and cheaper technology.

But for consumer "products" non technology and non service....has any product stayed the same price in 35 years?
EvenBob
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December 2nd, 2013 at 9:43:00 PM permalink
Quote: EvenBob

Things like TV's, air conditioners and microwaves cost 1/4
what they did 35 years ago. In 1970 beer was $5 a case. You
can still find it on sale for $10 a case.



A fifth of cheap vodka was $4, now it's $7. But. Hamburger
was 3 pounds for $1, now it's $3 a pound.
"It's not called gambling if the math is on your side."
EvenBob
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December 2nd, 2013 at 9:50:20 PM permalink
Quote: LarryS



But for consumer "products" non technology and non service....has any product stayed the same price in 35 years?



Salt is pretty close. Ironic that for thousands of years
it was more valuable than gold. Milk and eggs have
not gone up drastically. Cigarettes were $4 a carton,
now they're $45.
"It's not called gambling if the math is on your side."
rxwine
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December 2nd, 2013 at 9:52:49 PM permalink
I saw $1 movies in a dollar theater in 78. Not first run. It costs about the same now, although, not sure if there are dollar theaters, but you can rent one at that price.

The dollar theater wasn't that great, so I think it's about even.

Oh, technology, never mind.
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rxwine
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December 2nd, 2013 at 9:57:22 PM permalink
There are dollar stores. And some stuff is actually a dollar. Is the dollar sponge mop the same as a mop in '78. Probably not, but the one I bought seems good enough.
There's no secret. Just know what you're talking about before you open your mouth.
rxwine
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December 2nd, 2013 at 10:00:02 PM permalink
In the 60's the cheap stuff was "Made in Japan". Now it's China, and it's at the dollar store.
There's no secret. Just know what you're talking about before you open your mouth.
LarryS
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December 2nd, 2013 at 10:02:28 PM permalink
Quote: rxwine

I saw $1 movies in a dollar theater in 78. Not first run. It costs about the same now, although, not sure if there are dollar theaters, but you can rent one at that price.

The dollar theater wasn't that great, so I think it's about even.

Oh, technology, never mind.



yeah I remember those dollar movies. I guess they hoped to make money on the food. It was like watching a movie with a handful of people in your living rooms.
Yes it was a "multiplex". There were 8 movies playing. But the screens were small and the rooms tiny.
LarryS
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December 2nd, 2013 at 10:07:06 PM permalink
Quote: rxwine

There are dollar stores. And some stuff is actually a dollar. Is the dollar sponge mop the same as a mop in '78. Probably not, but the one I bought seems good enough.



that reminded me..about 20 miles from where i live, I passed a dollar store. It was not a chain. A mom and pop dollar store called "dollar city" or something like that.
When you walk up to the door there is a sign...."everything in this store 1 dollar or more"

it was comforting to have the assurance that when I walked in I wouldnt have to deal with the stress of finding 79 cent items.
petroglyph
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December 2nd, 2013 at 10:11:33 PM permalink
Quote: LarryS

I remember in 1978 I was in charge of getting soft drinks for an event for an organization I belonged to. So I found some 2 litre coke products on sale for 99 cents each. I was so proud that I found the good price, and was complemented for holding costs down.

Fast foward 35 years.

You can still get 2 litre brand name soft drinks on sale for 99 cents or sometimes less on sale

Other than technology...

can anyone think of anyrhing that has stayed the same price for 35 years?




Gold when we totally left the standard in '71 was 38 per ounce, today it's around 1250, compare prices that way.

Prices haven't gone up really, the value of the dollar has declined, even gas is cheaper as measured in real money.
LarryS
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December 2nd, 2013 at 10:24:40 PM permalink
Quote: petroglyph

Gold when we totally left the standard in '71 was 38 per ounce, today it's around 1250, compare prices that way.

Prices haven't gone up really, the value of the dollar has declined, even gas is cheaper as measured in real money.



we aere not on a gold standard then and are not on a gold standard now. Comparing the price of oats or chrysler cars over that time is just as valid.


with cost of living increases/inflation....there is still a product that sold for 99 cents in 76 and 99 cents presently. You argue then the price really went down....fine. fair enough. Still the question stands....

what product can be purchased for the same numerical price(or less) as it was in 1976.
petroglyph
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December 2nd, 2013 at 11:19:36 PM permalink
No man, I didn't want to argue, I just wanted to contribute.


Grant county Washington, I think electricity is still around 2.5 per kwh.

Some medicines.
AxelWolf
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December 2nd, 2013 at 11:53:37 PM permalink
Quote: rxwine

There are dollar stores. And some stuff is actually a dollar. Is the dollar sponge mop the same as a mop in '78. Probably not, but the one I bought seems good enough.

The mops I bough at the dollar stores are horrible, the hollowed out plastic handles break so very fast. I guess for $1 who cares unless you want to be environment friendly. Las vegas has a ton of 99 cent stores. Everything is .99 or less Except on the rare occasion where they have something special like a gallon of milk for 1.99. Sometimes you can get the same .99 cent stuff at Walmart for less then .99. mostly canned goods. You can get real good deals at the .99 store if you look around. electronics and cheap tools.

I have on many occasions seen things in the 99 cent stores worth $20. I bought and resold them for $10 on a website called Yard sellers.(its a pain in the ass) Last time I did this. I bought up 40, Hasbro My 3d. I phone 3d Viewer. They now sell online from $4.99 to $19.99
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
rxwine
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December 3rd, 2013 at 12:15:11 AM permalink
Quote: AxelWolf

I have on many occasions seen things in the 99 cent stores worth $20. I bought and resold them for $10 on a website called Yard sellers.(its a pain in the ass) Last time I did this. I bought up 40, Hasbro My 3d. I phone 3d Viewer. They now sell online from $4.99 to $19.99



Yes, you can find some good bargains. All the ones I've been in are disorganized so it's more of a treasure hunt.
There's no secret. Just know what you're talking about before you open your mouth.
AxelWolf
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December 3rd, 2013 at 12:23:27 AM permalink
Quote: rxwine

Yes, you can find some good bargains. All the ones I've been in are disorganized so it's more of a treasure hunt.

Who doesn't love a good treasure hunt. If only I owned a 2nd hand store or a vintage shop. I would love to drive around looking at yard sells and other venues all day.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
EvenBob
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December 3rd, 2013 at 12:39:12 AM permalink
The only years I smoked weed was 1971 and 72. It
was $10 an ounce. $10 for for a big fat bag of pretty
good stuff. I understand it's gone up in price since
then.
"It's not called gambling if the math is on your side."
Mission146
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December 3rd, 2013 at 6:42:37 AM permalink
Quote: Buzzard

In 1978 you would walk into a room, somebody was on the phone and would say SHHH, I am talking long distance . LOL

Does anybody have a home phone now ?



I do.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
kenarman
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December 3rd, 2013 at 5:55:20 PM permalink
Hand tools are generally cheaper now than 1978. You had to pay a decent price and get something made in N. America or Europe to get something decent. Now everything is made in China but the quality is fine. 35 screwdrivers for $15 and quality is perfectly servicable. In 1978 cheapest screwdrivers were 99 cents and were junk. Same thing with socket sets even the cheap ones have a lifetime warranty.
Be careful when you follow the masses, the M is sometimes silent.
LarryS
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December 3rd, 2013 at 6:03:20 PM permalink
Quote: Mission146

I do.



me too...I do not give out phone numbers to people who think I am at their beck and call 24/7. I know 90 percent of the population needs to be constantly available to each other. Not me. When I leave the home to go out to eat or go to a movie....people call my landline..because i dont even know the phone number for my cell phone.

I spent the first 50 years of my life without getting cell phone calls....and going home and listening at messages. Never did i miss out on anything that couldnt wait.

I feel no need to walk in a retail store talking to people I know on the phone for everyone to hear. or sit in a waiting room feeling the world revolves around me as the others listen to me talk in an overly loud voice. I am not interested in dining out, and letting the people hear me talk in an overly loud voice while engaging in a phone conversation.

I guess my life isnt that complicated.

If I had young children in school....I would feel different. I would want to know immediately of any news. Other than that the cell phone as a vehicle to get in contact with me 24/7 will never occur. Believe it or not quite alot of children got to adulthood without parents having a cell phone to more quickly run to their rescue.
tournamentking
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December 3rd, 2013 at 6:13:12 PM permalink
Home land lines don't seem to make sense anymore. It's one of those things that, for any ap gambler, counteracts any edge you may have in the CASINOS. Why throw good money away on those things?
Hunterhill
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December 3rd, 2013 at 6:23:11 PM permalink
I bought a tool called a panel lift for installing drywall in 1984 for $800 , today you can buy them for $299.
The mountain is tall but grass grows on top of the mountain.
Mission146
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December 3rd, 2013 at 7:11:14 PM permalink
Perhaps I misunderstood the intent of the question, I have a landline and a cell phone. The former is mainly because there is no cell service if the phone is inside of my house, and it's pretty shaky, even outside, within 1/4 mile of my house.
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
tringlomane
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December 3rd, 2013 at 7:29:49 PM permalink
Quote: LarryS

yeah I remember those dollar movies. I guess they hoped to make money on the food. It was like watching a movie with a handful of people in your living rooms.
Yes it was a "multiplex". There were 8 movies playing. But the screens were small and the rooms tiny.



The "dollar show" five minutes from where I grew up is still in business, and still charging $1 admission. It used to be one sizable theater, but now it's 4 tiny ones. I went there a couple of years ago for the first time in 15 years, and concessions where still cheaper than your typical theater (significantly more expensive than admission though). I really struggle to understand how they stay in business overall.
Face
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December 3rd, 2013 at 8:09:51 PM permalink
Quote: EvenBob

The only years I smoked weed was 1971 and 72. It
was $10 an ounce. $10 for for a big fat bag of pretty
good stuff. I understand it's gone up in price since
then.



Still costs the same to produce, so there's that ;)

I just bought a car for $700...that's kind of on topic =/
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LarryS
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December 3rd, 2013 at 8:13:26 PM permalink
Quote: Hunterhill

I bought a tool called a panel lift for installing drywall in 1984 for $800 , today you can buy them for $299.



I can understand new items going cheaper as more people make it, or it becomes cheaper to make .

But my original post was about coke, and those tpypeproducts, and for the life of me I cant figure how those prices stay the same.
I mean if I am thinking correctly the most expensive parts of a 2 litre coke is the high fructose corn syrup, the bottle, and the bottling and shipping cost.


has shipping costs stayed the same in 35 years? I dont know for sure.
has the cost of high fructose corn syrup gone down or stayed the same in 35 years?
bottleing costs?

I dont know it just seems unusual

Is there anything else like eggs , milk, paper towels, bread, apple juice, can of corn(high fructose corn syrup comes from corn i imagine). that has stayed the same price?

its just an oddity for me...not a big debating issue.

just a fun topic...nothing to get an ulcer over.....unless you drink the coke.....it can really eat away at your stomach linning
LarryS
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December 3rd, 2013 at 8:13:29 PM permalink
Quote: Hunterhill

I bought a tool called a panel lift for installing drywall in 1984 for $800 , today you can buy them for $299.



duplicare
Mission146
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December 3rd, 2013 at 8:18:13 PM permalink
Quote: Face

Still costs the same to produce, so there's that ;)

I just bought a car for $700...that's kind of on topic =/



The best kind of car there is, the one that comes cheap! Just ask my Cavalier sitting at 168.5K miles, got it $500 and 20K miles ago!

What did you get?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
wroberson
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December 3rd, 2013 at 8:20:54 PM permalink
I can't think of anything that' cheaper. No more penny candy. Those little football helmets that were a quarter in the 70's gum ball machine are 50 cents today. In school the pen and pencil machines were a quarter and they may still be that much. Those goldfish crackers used to be 89 cents and are 2.49 now. I guess shoes might be cheaper if you buy low end junk.
Buffering...
Ibeatyouraces
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December 3rd, 2013 at 8:22:03 PM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
Face
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December 3rd, 2013 at 8:39:00 PM permalink
Quote: Mission146

The best kind of car there is, the one that comes cheap! Just ask my Cavalier sitting at 168.5K miles, got it $500 and 20K miles ago!

What did you get?



A CRX that I'm building into a race car. The whole story is over on DT. I'm kind of sad that I gutted it now, I think I might buy one for a daily driver as soon as I can. Cheap parts, I now know how to totally rebuild one, and I could get 50-60mpg out of a gas engine that's quick as hell =)

Quote: LarryS

But my original post was about coke, and those tpypeproducts, and for the life of me I cant figure how those prices stay the same.
I mean if I am thinking correctly the most expensive parts of a 2 litre coke is the high fructose corn syrup, the bottle, and the bottling and shipping cost.


has shipping costs stayed the same in 35 years? I dont know for sure.
has the cost of high fructose corn syrup gone down or stayed the same in 35 years?
bottleing costs?



I imagine shipping has gone up (gas prices, insurance) but has been counteracted by efficiency (computers, even more mass production)

Same with corn. Even just tilling the land is costing $4.50 a gallon compared to $0.40 a gallon, but the engineered crop for higher yields, more efficient harvesting equipment, more efficient processing equipment, it all sort of levels out.

Swedish fish and Sour Patch Kids. I'm pretty sure those are still a penny each at the local kid's crack house.
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CrystalMath
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December 3rd, 2013 at 8:46:26 PM permalink
I'm sure that Coke has had increases in efficiency. Also, they may have had higher profit margins 40 years ago.

I'm not old enough to know, but I bet pens have become a better value. At back to school time, I can buy a 10 or 12 pack of Bics at Walmart for $1.00.
I heart Crystal Math.
LarryS
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December 3rd, 2013 at 10:08:59 PM permalink
Quote: Ibeatyouraces

2 liters of Coke are anywhere from $1.99-$2.49. On sale once in a while they may be $0.99, but that's not an every day price.



you can buy some brand name of soft drink for 99 cents almost any day of the week. Most supermarkets alternate coke products with pepsi

regular price 2.49? who pays that?...unless its at a 7-11 which is ubderstandable

and 99 cents was the sale price back then as well.
EvenBob
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December 3rd, 2013 at 10:21:49 PM permalink
Switching from sugar to corn syrup greatly reduced the
cost of soft drinks. More efficient bottling plants and
transportation costs help to. Last I heard it costs about
25 cents to produce a 2 litre bottle of coke and ship
it to the store. So at 99c they are still making a good
profit.
"It's not called gambling if the math is on your side."
Face
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December 3rd, 2013 at 10:29:29 PM permalink
A $25 wager on any table still costs $25 =)
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Ibeatyouraces
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December 3rd, 2013 at 10:31:44 PM permalink
deleted
DUHHIIIIIIIII HEARD THAT!
djatc
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December 4th, 2013 at 12:01:08 AM permalink
There was an advantage play regarding a dollar theater I used to frequent. Since it was in a prime area near downtown it would be cheaper to spend $1 on a ticket for 2-3 hours then to pay more for the parking fees. Since the theater would validate your ticket, you could buy a movie ticket and come back if you need more time.

I circumvented this altogether by buying a motorcycle and swerving around the guard gate.
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treetopbuddy
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December 4th, 2013 at 6:20:59 AM permalink
After adjusting for inflation and driving much more efficient cars, gas costs represent a smaller percentage of family expenses when compared to the 60-70's.
Each day is better than the next
Ayecarumba
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December 4th, 2013 at 10:35:12 AM permalink
I just watched the James Bond flick, "Diamonds Are Forever", and it's a big deal when Bond walks up to the Las Vegas craps table and asks for the table limit to be raised to $2,000.

Things have changed since the 70's.
Simplicity is the ultimate sophistication - Leonardo da Vinci
Mosca
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December 4th, 2013 at 11:25:17 AM permalink
Quote: tournamentking

Home land lines don't seem to make sense anymore. It's one of those things that, for any ap gambler, counteracts any edge you may have in the CASINOS. Why throw good money away on those things?



911 calls placed via cell phone do not respond as quickly as they do for land lines. The call has to get routed first through the cell company's location database, then to the selective router. Landline calls go through the MSAG (master street address guide) first, then to the router. After the selective router, cell calls get cycled through a second caller location system before reaching a dispatcher, land line calls go right to the local dispatcher. When my dad had a stroke at Mohegan Pocono, the ambulance came in response to the call from the casino, not the cell call that I'd placed 10 minutes earlier. (He made a full recovery due to how quickly we got him to the emergency room.)
A falling knife has no handle.
bushman
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December 4th, 2013 at 12:05:03 PM permalink
Quote: Buzzard

In 1978 you would walk into a room, somebody was on the phone and would say SHHH, I am talking long distance . LOL

Does anybody have a home phone now ?



Yes, me. And, I don't have a cell phone.
Never count your winnings at hour 23 of a 24-hour drive.
bushman
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December 4th, 2013 at 12:05:37 PM permalink
Quote: rxwine

You can still get a punch in the nose for free.



Thank you. You just made my day.
Never count your winnings at hour 23 of a 24-hour drive.
Boney526
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December 4th, 2013 at 1:48:05 PM permalink
Quote: LarryS

we aere not on a gold standard then and are not on a gold standard now. Comparing the price of oats or chrysler cars over that time is just as valid.


with cost of living increases/inflation....there is still a product that sold for 99 cents in 76 and 99 cents presently. You argue then the price really went down....fine. fair enough. Still the question stands....

what product can be purchased for the same numerical price(or less) as it was in 1976.



LOL no, comapring Gold and the Dollar is not the same as oats and cars....


We're not on a Gold Standard, but that certainly doesn't mean the price of Gold isn't significant... Gold holds way more faith as a way to store value than oats and cars. I'm not saying that it's not valid to say that the Gold Price isn't exactly correlated to price rises... it definetely isn't correlated as heavily as it used to be, but the point is that just because it's not a Gold Standard anymore doesn't mean Gold isn't a significant indicator of a lot of things... inflation, price stability, etc. And it's certainly a pretty strong store of value.
LarryS
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December 4th, 2013 at 8:48:48 PM permalink
A previous post got me to ask this question on the same topic....but with a gambling angle.

In 1978 I remember going to the only casino in NJ, resorts international. I was just out of college maing 9.50/hr. Of course the mist popular tables were 5 dollar tables,,,although due to supply/demand during peek times there was almost always 25 dollar tables. As competiton opened it became more like vegas with more and more 5 dollar tables.

In vegas 5 dollar tables were the majority (although some 2 dollar tables did exisit). Today 5 dollar tables still seem to be the majority.

So....since 1978, going thru the huge inflation of the early 80's and going thru the small incremental inflation in more recent years.....with payroll going up, with rents going up, with utilities going up, insurance costs going up,.....the 5 dollar table is still plentiful.

Now I dont paly table games so it doesnt affect me one way or the other.....but why have casinos not progressed to 10 dollar tables to replace the 5 dollar tables.
And if the answer is that they tried it and the public didnt play those tables....then I wonder why? If someone making 9.50 an hour like myself would play 5 dollar tables in 1978......those same people are making alot more. The same job that paid me 9.50 to start now pays entry level people 60.00. Gas has gone from 1 dollar a gallon at that time to almost 4 today. Everything goes up. But the 5 dollar table is still going strong.

any reason???
beachbumbabs
beachbumbabs
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December 4th, 2013 at 10:19:07 PM permalink
Quote: LarryS

A previous post got me to ask this question on the same topic....but with a gambling angle.

In 1978 I remember going to the only casino in NJ, resorts international. I was just out of college maing 9.50/hr. Of course the mist popular tables were 5 dollar tables,,,although due to supply/demand during peek times there was almost always 25 dollar tables. As competiton opened it became more like vegas with more and more 5 dollar tables.

In vegas 5 dollar tables were the majority (although some 2 dollar tables did exisit). Today 5 dollar tables still seem to be the majority.

So....since 1978, going thru the huge inflation of the early 80's and going thru the small incremental inflation in more recent years.....with payroll going up, with rents going up, with utilities going up, insurance costs going up,.....the 5 dollar table is still plentiful.

Now I dont paly table games so it doesnt affect me one way or the other.....but why have casinos not progressed to 10 dollar tables to replace the 5 dollar tables.
And if the answer is that they tried it and the public didnt play those tables....then I wonder why? If someone making 9.50 an hour like myself would play 5 dollar tables in 1978......those same people are making alot more. The same job that paid me 9.50 to start now pays entry level people 60.00. Gas has gone from 1 dollar a gallon at that time to almost 4 today. Everything goes up. But the 5 dollar table is still going strong.

any reason???



Yeah, the gambling angle is a good one. When I first started playing slots, they were a quarter for 1-3 line machines. It was a big deal to find 9 line nickels. Then the nickel slot explosion happened in the 90's, along with bill acceptors. Your hands got absolutely filthy playing scads of nickels; it was a big deal to load up a 9 line x5 machine because it was 45 nickels every spin. And the coin fill...those bags were really heavy. But as they worked the bugs out of bill acceptors, even though it would pay out in buckets of nickels, it was not that hard to put a 20 in and play for a while anymore. In fact, I remember several times spinning beyond when I was pretty much finished because I didn't want to haul $2-300 in nickels around in buckets. Then about 15 years ago TITO started being practical, and they could offer huge bets with no hassle, even though there was a period of several years where the TITO was very unreliable. No one was going to sit there and load 200-400 pennies into a slot for each spin, but with TITO, it's simple to just push the button and bet really fast.

That whole progression made slots cheaper by denomination than probably any item you've mentioned, though more and more of the new penny slots take away your option of how many lines to play, and simply make you bet by multipliers of all lines. However, I would guess the average bet amount has gone up, because of the opportunity to fool yourself into thinking you're only betting pennies, but the machines mostly force you to bet a minimum of 30-40 cents/spin. And with the proliferation of gambling in so many states so fast, the total income from slots is probably way up, and 30 years ago, it was already paying the entire overhead for nearly every casino that had them.
If the House lost every hand, they wouldn't deal the game.
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