Theory: Revolver prices have not substantially changed over the decades

[RM Vivas]

It's not just guns.


Back about 2004 people were complaining about how expensive gasoline was, at $2 a gallon. How much better things were 30 years earlier when gasoline was 35 cents.


I explained to them that gasoline was actually cheaper now. They wanted to know how I came up with that. I told them that in 1974 I was making $2 an hour and gasoline was 35¢ a gallon. A gallon of gasoline was approximately 1/6 of my hourly wage. But currently I was making $20 an hour and gasoline was $2 a gallon. A gallon of gasoline was 1/10 of my hourly wage. Gasoline with cheaper now then it was then.


No one on the Internet seem to agree with me.

You just summarized my hypothesis in 2 paragraphs. Well doen!

 

[two-bit cowboy]

Opened the calculator.
Punched in $105. That’s what I paid for my Model 19 in 1967 in Guam.
Probably close to dealer cost.
$933 today.
I wonder can I get on a Flight to Anderson AFB?

Sure, just as "Marty or the professor" to give you a ride in the DeLorean.

shift gears...

Robert, you may claim "not" to be a "math guy" all you want. Your discussion of Bell curves, standard deviations, etc. prove you wrong.

 

[rockquarry]

It's not just guns.


Back about 2004 people were complaining about how expensive gasoline was, at $2 a gallon. How much better things were 30 years earlier when gasoline was 35 cents.


I explained to them that gasoline was actually cheaper now. They wanted to know how I came up with that. I told them that in 1974 I was making $2 an hour and gasoline was 35¢ a gallon. A gallon of gasoline was approximately 1/6 of my hourly wage. But currently I was making $20 an hour and gasoline was $2 a gallon. A gallon of gasoline was 1/10 of my hourly wage. Gasoline with cheaper now then it was then.


No one on the Internet seem to agree with me.

Lots of good information on the Internet, but ...for many today, the Internet is all they know. They believe it takes the place of experience, wisdom, and insight. Sometimes that's true, often it's not.