is it not a tad too simplified to suggest that inflation is the only reason why a price go up, or should go up?
Increase in costs will drive up prices too. In footballing terms look at the salaries of players.. there is plenty evidence suggesting that some clubs spend too much of their "GDP" on player salaries only. Portsmouth went down because they spent more than 100% of their income on players only. I forget how much, I think it was around 120%. there are other costs involved as well of course, plenty I suspect. In the end of the day the big one is demand and supply. If we didnt go to games prices would drop.. On Thu, Aug 18, 2011 at 9:32 PM, Nigel Sykes <[email protected]> wrote: > > Sarge asked: > > Inflation is only 77% in the last 20 years - are they sure ? > > > > So a house that cost £10,000 is now available for £17,700 ? > > A new car that cost £2000 is now £3440 ? > > Don't know about 1991, but I have a benchmark for 1995 that could be > used... > > In 1995, a new Fiat Cinquecento Sporting was £7,000 > Today, a new Fiat 500 in similar spec is around £12,000 > > That's about 71% extra in 16 years, so 77% in 20 isn't too outrageous (on > this admittedly tiny sample!) > > Nigel > > _______________________________________________ > Leedslist mailing list > Info and options: > http://mailman-new.greennet.org.uk/mailman/listinfo/leedslist > To unsubscribe, email [email protected] > > MARCHING ON TOGETHER (There's it) > _______________________________________________ Leedslist mailing list Info and options: http://mailman-new.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] MARCHING ON TOGETHER (There's it)
