Thread: Twinkie for your thoughts

Originally Posted by Catrentshaving

You might want to look into that...depending on the year, the inflation rate in the 50's was much lower than it is today.

The 50's were all over the place but on average it was around 2% - I guess it was close to being the same as now.

I have no idea if this is a valid site for calculating inflation rates relative to other eras, but I found this site, in which it seems $100 USD in 1954 is equivalent to $859.91 USD today.
Inflation Rate Calculator- from InflationData.com

Originally Posted by mapleleafalumnus

I have no idea if this is a valid site for calculating inflation rates relative to other eras, but I found this site:
Inflation Rate Calculator- from InflationData.com

What are you trying to figure out MLA? The calculator will just tell you what a dollar at some point in time would be worth today.

Originally Posted by mapleleafalumnus

I have no idea if this is a valid site for calculating inflation rates relative to other eras, but I found this site, in which it seems $100 USD in 1954 is equivalent to $859.91 USD today.
Inflation Rate Calculator- from InflationData.com

Look at the actual inflation rate charts on that site

Catrent --
That's what I'm doing now.

Originally Posted by earcutter

The 50's were all over the place but on average it was around 2% - I guess it was close to being the same as now.

What supermarket are you shopping in ? That's where I wanna go. The 2% , if that is what they say it is, brings to mind Mark Twain, "There are lies, there are damn lies, than there are statistics." (meaning no reflection on you personally BTW)

Originally Posted by JimmyHAD

What supermarket are you shopping in ? That's where I wanna go. The 2% , if that is what they say it is, brings to mind Mark Twain, "There are lies, there are damn lies, than there are statistics." (meaning no reflection on you personally BTW)

Inflation calculated via a basket of goods Jimmy - the facts are the facts - what was in the basket then vs. now and interpretation is another thing altogether.

Originally Posted by 32t

Hostess is in the middle of bankruptcy to begin with. The union is a good excuse. They will sell off the brand names and and the owners will not be hurting. With the shelf life of Twinkies they will probably now be imported.

7 years ago we buried a time capsule at our camping place and planned to open it in 5 years. Everyone that came had to bring something to contribute. Included in the stash was a twinkie. When we opened it 2 years ago the twinkie looked good as new and got burried for another 5 years. I wonder what it will be worth in 3 more years?

You can do the same with a Big Mac.

Originally Posted by JimmyHAD

What supermarket are you shopping in ? That's where I wanna go. The 2% , if that is what they say it is, brings to mind Mark Twain, "There are lies, there are damn lies, than there are statistics." (meaning no reflection on you personally BTW)

I know about them statistics; we cut our burglary rate in 1/2 one year in the city; we changed them to read thefts.

Originally Posted by earcutter

Inflation calculated via a basket of goods Jimmy - the facts are the facts - what was in the basket then vs. now and interpretation is another thing altogether.

I brilliantly refuted your contentions but you'll have to take my word for it ..... I hit cancel and here this drivel is instead.