WTF Happened In 1971? (wtfhappenedin1971.com)

submitted 6 months ago* (last edited 6 months ago) by jaxiiruff@lemmy.zip to c/aboringdystopia@lemmy.world

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(kinda) A great website to share if you have no idea how to explain the downfall of the US economy.

Edit: Thanks to everyone who provided insight on this website. I've had this in my bookmarks for a very long time and was curious how it held up.

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[-] Blue_Morpho@lemmy.world 15 points 6 months ago* (last edited 6 months ago)

Automobile prices double after a year, and then keep doubling.

??? I'm going to use a Dodge Dart as my basis because a 70 Dart was my family car.

1970 Original MSRP $2,261

1972 Original MSRP $2,528

That's 7% annual inflation, not 100%.

[-] protist@mander.xyz 5 points 6 months ago

A base 2013 Dart was $16K MSRP. At that rate it doubled once every 13 years or so from 1970...certainly not every year like dudebro said

this post was submitted on 28 Apr 2024

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