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Thread: Inflation

  1. #1

    Default Inflation

    My, how things have gone up. Have a receipt from where my great grandfather bought supplies, Feb. 14, 1890.

    1 Barrel Flour. $4.75
    50# Lard. 4.25
    10# Tobacco. 3.50

  2. #2
    Join Date
    Sep 2009
    Location
    Alabama, Gulf Coast Region
    Posts
    9,794

    Default

    Plus the flour barrel was free.

    We all know the value of money was way less then but think about how long 50# of lard and 10# of tobacco would last.

    With inflation we mainly look at the price. This is a reminder of how "little" we are actually buying. Tobacco is sold by the ounce. Flour in 2,5 or 10# paper bags.


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