On Monday, March 9, 2015 at 4:59:05 PM UTC-4, Sqwertz wrote:

>
> Different foods have risen in price disproportionately to others.

Definitely!

For a truly sad example of how inflation doesn't tell the whole story,
see the chapter about the county fair in "Charlotte's Web," from 1952.
The father gives money to his two kids for food and rides and tells them
to make it last all day and not eat so much it makes them sick.

So how much did he give them?

70 cents each. I know, even without checking the calculator, that that is
less than $7 in today's money. Even if you're NOT at a fair (and I would
guess that food and rides are cheaper at a county fair than at any huge,
famous, permanent amusement park) that is clearly barely enough for a
sandwich and an ice cream cone. Hardly enough to make you sick.

(Checked just now - it comes to $6.25 in 2014.)

My guess is that today, he'd have to give them at least $40 each, for his
speech to make any sense.


Lenona.