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Post by runamuckchuck on Aug 15, 2024 19:25:11 GMT
A request if you will. For those who do not have a deep network of friends/acquaintances in this Forum and your first or nick name is not in your moniker/avatar it is impossible to figure out who you are responding to or quoting if you do not actually quote the post in your response.
For instance when david1 posts "Good one Walt" it gives me no clue as to which post is getting the attaboy. At least for me it makes it a bit difficult to follow the continuity of the thread.
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Post by madockawando on Aug 15, 2024 19:56:34 GMT
A request if you will. For those who do not have a deep network of friends/acquaintances in this Forum and your first or nick name is not in your moniker it is impossible to figure out who you are responding to or quoting if you do not actually quote the post in your response. For instance when david1 posts "Good one Walt" it gives me no clue as to which post is getting the attaboy. At least for me it makes it a bit difficult to follow the continuity of the thread. Well hello runamuckchuck ! I am Madockawando, I named my avatar after an ancestor who burn York Maine to the ground a couple of centuries ago. He has his own wiki page if you want to look him up!😉 |
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Post by runamuckchuck on Aug 15, 2024 20:44:27 GMT
Depending upon which side your ancestor was fighting on, all is forgiven.
Well my family's claim to fame involves carnivals, a circus, and a brewery in PA. Now all long gone. None of which have anything to do with my moniker. I just like to sound of it.
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Post by david1 on Aug 15, 2024 21:10:21 GMT
A request if you will. For those who do not have a deep network of friends/acquaintances in this Forum and your first or nick name is not in your moniker/avatar it is impossible to figure out who you are responding to or quoting if you do not actually quote the post in your response. For instance when david1 posts "Good one Walt" it gives me no clue as to which post is getting the attaboy. At least for me it makes it a bit difficult to follow the continuity of the thread. Sorry guys I should have responded by using his forum name which is Josef instead of Walt. next time I'll just quote the post. Dave
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Post by atsda on Aug 18, 2024 2:18:42 GMT
madockawandoSenior, interesting analysis. Thanks. Alfred
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Post by atsda on Aug 18, 2024 2:47:18 GMT
Just for fun and a perspective.
In 1953 the Lionel 773 Hudson sold for $49.95.
Perhaps madockawandoSenior can extrapolate to current dollars. Alfred
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Post by Country Joe on Aug 18, 2024 3:42:55 GMT
Just for fun and a perspective. In 1953 the Lionel 773 Hudson sold for $49.95. Perhaps madockawandoSenior can extrapolate to current dollars. Alfred
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Post by bobthetrainguy on Aug 18, 2024 15:05:45 GMT
Picking one year to compare to another isn't very reliable or useful. The dollar could have been way down or way up in a particular year. A average sliding window is a more even keeled way to compare inflation of two eras.
There are certain years in the 70s that if compared to the current year there can be a 2x-3x difference in calculated inflation.
O-scale trains are expensive, but Lionel is the most expensive other that brass and low volume highly accurate models.
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Post by josef on Aug 18, 2024 16:28:30 GMT
Its odd to me how one can compare what costs were back 30, 40, 50, or 60 years ago and use inflation as a comparison on what that item would cost in todays dollars.
I remember the way my work schedules were for Amoco, working a 500 acre farm and leasin another 500. We ate almost every day steaks, can't afford to in todays prices. We traveled to Europe for weeks and sometimes months as well as Hawaii and Australia. Can't afford todays prices. I could have money for seeds, fertilizer, crop dusting, fuel, repairs and replacement. Had hired hands during planting and harvesting times. Toward the end I was on credit for seeds,fertilizer, and fuel and just farming my 500 sometimes less just for the enjoyment.
Todays world using inflation comparison for what our toys costs, can one say the same for the essentials in life, food, clothing, and shelter? Then there's health care and medicine. Property taxes and insurance rates. How does one use inflation to justify their increases?
There is a group I'm with that a person who lives in the home their parents had built in the 30s. Today their property taxes are more then triple what the home originally cost their parents and insurance rates they can no longer afford. Both work and having a hard time because their wages and raises haven't kept up with todays cost of living.
Back then car loans were given with the longest being 3 years. Then 4, 5, and now even 6 year car loans are normal. So how does inflation and work into that when it takes now longer to pay back loans?
Just thinking, maybe one day Lionel will start a credit company were you can get loans to buy BTO and 2,3, 4, 5, or even 6 years to pay back on that BTO.
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Post by david1 on Aug 18, 2024 16:59:11 GMT
You nailed it Walt (josef).
Dave
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Post by madockawando on Aug 18, 2024 20:02:48 GMT
Just for fun and a perspective. In 1953 the Lionel 773 Hudson sold for $49.95. Perhaps madockawandoSenior can extrapolate to current dollars. Alfred But Lionel has made 773 hudsons, or at least scale hudsons that are the direct descendant of that 773 hudson from 1950. Yes, it will certainly cost about three times what the original 773 hudson costs per inflation but the modern hudson has better detailing, sound and command control. You do get what you pay for with the new scale steam locomotives.
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Post by madockawando on Aug 18, 2024 20:07:58 GMT
Its odd to me how one can compare what costs were back 30, 40, 50, or 60 years ago and use inflation as a comparison on what that item would cost in todays dollars. I remember the way my work schedules were for Amoco, working a 500 acre farm and leasin another 500. We ate almost every day steaks, can't afford to in todays prices. We traveled to Europe for weeks and sometimes months as well as Hawaii and Australia. Can't afford todays prices. I could have money for seeds, fertilizer, crop dusting, fuel, repairs and replacement. Had hired hands during planting and harvesting times. Toward the end I was on credit for seeds,fertilizer, and fuel and just farming my 500 sometimes less just for the enjoyment. Todays world using inflation comparison for what our toys costs, can one say the same for the essentials in life, food, clothing, and shelter? Then there's health care and medicine. Property taxes and insurance rates. How does one use inflation to justify their increases? There is a group I'm with that a person who lives in the home their parents had built in the 30s. Today their property taxes are more then triple what the home originally cost their parents and insurance rates they can no longer afford. Both work and having a hard time because their wages and raises haven't kept up with todays cost of living. Back then car loans were given with the longest being 3 years. Then 4, 5, and now even 6 year car loans are normal. So how does inflation and work into that when it takes now longer to pay back loans? Just thinking, maybe one day Lionel will start a credit company were you can get loans to buy BTO and 2,3, 4, 5, or even 6 years to pay back on that BTO. Yup, trains cost more, and so does everything else. Its as inevitable as Lionel's January 2025 catalog in a few months. and we will have more threads complaining about "high" prices then as well. If you like a train, save your money and buy it. Or put it on lay a way and buy it. Or don't buy it all. In any case, all the complaining won't lower the price, never, ever.
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Post by runamuckchuck on Aug 18, 2024 21:27:29 GMT
And now a reply which adds nothing of significance to this discourse. The thread that wouldn't die! An OGF mini series with no end in sight. Anybody out there have any wolfsbane, garlic neckless (wringing pearls does not work), silver bullet, crucifix, or a group of angry villagers with torches? Where is madockawando's firebrand ancestor when you need him?! Sparky where are you? If I adjust my birthdate for inflation I am 150 years old. And nobody wants to buy me either at any price. Talk about a blow to your ego! Thanks heavens the so-called discount pricing saga ends on 8/22. Perhaps that will throw some cold water on these passions. That worked on the Wicked Witch of the West in the Wizard of Oz.     |
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Post by josef on Aug 18, 2024 22:45:18 GMT
And now a reply which adds nothing of significance to this discourse. The thread that wouldn't die! An OGF mini series with no end in sight. Anybody out there have any wolfsbane, garlic neckless (wringing pearls does not work), silver bullet, crucifix, or a group of angry villagers with torches? Where is madockawando's firebrand ancestor when you need him?! Sparky where are you? If I adjust my birthdate for inflation I am 150 years old. And nobody wants to buy me either at any price. Talk about a blow to your ego! Thanks heavens the so-called discount pricing saga ends on 8/22. Perhaps that will throw some cold water on these passions. That worked on the Wicked Witch of the West in the Wizard of Oz. I agree. Its time for this subject to rest. So lets let it end. Everyone including myself has enough input into this subject. Time to end and have posts which add to the hobby.
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Post by josef on Aug 18, 2024 22:47:55 GMT
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