proseadvocate

Real Prices for New Cars Keep Going Down

Your suggestion that somehow cars are cheaper does not conform with your admission that purchasing power has eroded over the years. You somehow suggest the impossible as a benefit, i.e., if there was no inflation, then cars wouldn't cost so much. Duhhh !!! No wonder they call Econ the dismal science. Truth is they massage the numbers to give the result the want to push. When Nixon got 200 of them together to figure a policy, they could not agree.

Real Prices for New Cars Keep Going Down

Dear Professor. Please explain the suggestion that the "real" price of cars is somehow less than their current prices. You are either terribly confused or else you are looking for suckers. Real pricing is what we pay.Using a govt rigged index does not cause the car dealer to sell us a car for any less than the market.

Real Prices for New Cars Keep Going Down

Like I said, anybody who believes govt numbers or touts them as gospel is either out of touch or things that you are. Nobody with their eyes open can tell an honest many that the price of a new S class Benz is lower in inflation adjusted price today than it was in 1978