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Old 05-08-2008, 10:37 PM   #28 (permalink)
trebuchet03
MechE
 
Join Date: Dec 2007
Location: Bay Area
Posts: 1,151

The Miata - '01 Mazda MX-5 Miata
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Quote:
Originally Posted by ebacherville View Post
HELLO any one home... ?

the fuel prices have not risen.. you are paying the same as when gas was a quarter a gallon in 1964, that is, if you paid in silver or gold...


The problem is that your income doesn't increase as inflation does..
Which means.... the cost of fuel has risen... Inflation doesn't matter as a metric to compare income to goods. Inflation compares goods to goods as if goods are buying power, which in N. America and most of the developed world is not the case.
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