Stupid World

[avgas]

No wonder the country went to rack and ruin, with people such as your good self behind the Vote when it was needed

To be honest the recipe for shit pie is never going to taste like a fine cake.
No matter who's shit contributed - or how many nuts it contains.

[Oscar]

which Were removed from 1976 and completely from 1985
As I said
Lets face it Tweedle Dee You have just been pwned the internet
if we use your idea slash standard of an idiot
I fall short by a country mile of the standards you have set
No wonder the country went to rack and ruin, with people such as your good self behind the Vote when it was needed

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So you didn't make the stupid comment using a pint of milk to compare spending power of the dollar?
Think carefully now, maybe even go back and read yer own drivel...

[Brian d marge]

So you didn't make the stupid comment using a pint of milk to compare spending power of the dollar?
Think carefully now, maybe even go back and read yer own drivel...

No
And as of yet you havent come forward with anything apart from bloke said down the pub
If you want to waste some time prove me wrong

But then

No one wont hold breath

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[BoristheBiter]

( on a pint of Milk ) from 1976 to now, your money has lost 90 of its purchasing power !!!


Stephen

So you didn't make the stupid comment using a pint of milk to compare spending power of the dollar?
Think carefully now, maybe even go back and read yer own drivel...

No
And as of yet you havent come forward with anything apart from bloke said down the pub
If you want to waste some time prove me wrong

But then

No one wont hold breath

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You so need to stop posting when you're drunk/been down the pub.

[Brian d marge]

Why
Asked a simple question
Made a simple point
Backed it up

But no one yet has proved it wrong

Inflation does erode the the purchasing power of your money

I uaed an example . Milk
After price controls were removed

Any problems so far
Stephen

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[BoristheBiter]

Why
Asked a simple question
Made a simple point
Backed it up

But no one yet has proved it wrong

Inflation does erode the the purchasing power of your money

I uaed an example . Milk
After price controls were removed

Any problems so far
Stephen

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Oh i'm not saying you're right or wrong but he asked you if you had used milk as the example and you said no.

The easiest example is when i was a kid i could get a bag of sweets for 10 cents, now i can't.

[Oscar]

Why
Asked a simple question
Made a simple point
Backed it up

But no one yet has proved it wrong

Inflation does erode the the purchasing power of your money

I uaed an example . Milk
After price controls were removed

Any problems so far
Stephen

Sent from my SC-01F using Tapatalk

You are such an idjut you cant keep up with your own drivel.

You said:

( on a pint of Milk ) from 1976 to now, your money has lost 90 of its purchasing power !!!

Since Govt. subsidies didn't come off until 1985, your statement is wrong.
The only way to correct the figure would be to know exactly how much the Govt. subsidised it, and factor in the different tax rates for the era (as your taxes were being used to reduce the price).
Then you might have a read on spending power.

[Brian d marge]

You are such an idjut you cant keep up with your own drivel.

You said:




Since Govt. subsidies didn't come off until 1985, your statement is wrong.
The only way to correct the figure would be to know exactly how much the Govt. subsidised it, and factor in the different tax rates for the era (as your taxes were being used to reduce the price).
Then you might have a read on spending power.

Clutching at straws are we

I used the governments own website , RBNZ and statistic nz , ( which you read ) which said regulations vcame off in 1976 , and was completely deregualted in 85

Using the cpi ( you do know what that is ? ) The , governments own website tells me how much my spending power has been reduced

all your wank is just that wank , backed up by ,,,eerrrr lets see um NOTHING

You been PWNED and you know it

Stephen

[avgas]

Just to drive this slightly back on topic.

How much was a 750 bonnie......how much is the current bonnie?

Old Beetle vs New?

I think the scary thing is not inflation. It is the cost change due to inflation in comparison to change in salary.
Something scary has been happening over the last few years, and its going to get worse.

We seem to have inflation becoming disproportionate to actual growth for the first time in 60 years. I would love to quote figures - but the only ones I can find seem to ignore the lower 50% of the population (since 1996).......which is scary.

[Oscar]

Clutching at straws are we

I used the governments own website , RBNZ and statistic nz , ( which you read ) which said regulations vcame off in 1976 , and was completely deregualted in 85

Using the cpi ( you do know what that is ? ) The , governments own website tells me how much my spending power has been reduced

all your wank is just that wank , backed up by ,,,eerrrr lets see um NOTHING

You been PWNED and you know it

Stephen

More drivel.

I've seen the Govt/RBNZ statistics and they are a fuck sight clearer than your ravings.
You related spending power to the price of milk.
You were wrong.
End of story.

[husaberg]

If we are talking buying power the milk subsidised or not is valid. Why? because that is what it cost. There was no doubt subsidies on wages and all sorts of other things too i guess at the time.
Regardless milk is a staple........Money is money..........its the purchasing power Stephen was quoting..
When i was a milk vendor in the early 90's milk was 65c 600ml or $1.25 1 litre carton ! litre sachets of milk was about $1.10
We used to make (i think) 25 cents a litre for home deliveries and about 5 cents for the supermarkets....
these figures may not be right but the supermarkets then expected us to stock the shelves (do the orders for them and take away milk and all sorts of other stuff)
It was not worth the effort then.
I guess now they would expect me to pay them for the privilege LOL.........

[Oscar]

If we are talking buying power the milk subsidised or not is valid. Why? because that is what it cost. There was no doubt subsidies on wages and all sorts of other things too i guess at the time.
Regardless milk is a staple........Money is money..........its the purchasing power Stephen was quoting..
When i was a milk vendor in the early 90's milk was 65c 600ml or $1.25 1 litre carton ! litre sachets of milk was about $1.10
We used to make (i think) 25 cents a litre for home deliveries and about 5 cents for the supermarkets....
these figures may not be right but the supermarkets then expected us to stock the shelves (do the orders for them and take away milk and all sorts of other stuff)
It was not worth the effort then.
I guess now they would expect me to pay them for the privilege LOL.........

Money is money. And I have no doubt that purchasing power has fallen to that degree.
When I was a kid we delivered four cent pints and then it went to eight cents. However it was initially priced controlled and also subsidised till 1985.
So you can't use milk to compare purchasing power when some of the cost was coming then from your taxes, but isn't now.
You'd have to factor in average tax rates then (higher) and now.


Notwithstanding that, you can find lots of things whose real prices have fallen dramatically - cars, TV's and electronic goods.
The first TV I ever bought was in 1985, it was a 20" Sharp (with Teletext whewhey!) and cost $1700 retail.

[husaberg]

Money is money. And I have no doubt that purchasing power has fallen to that degree.
When I was a kid we delivered four cent pints and then it went to eight cents. However it was initially priced controlled and also subsidised till 1985.
So you can't use milk to compare purchasing power when some of the cost was coming then from your taxes, but isn't now.
You'd have to factor in average tax rates then (higher) and now.


Notwithstanding that, you can find lots of things whose real prices have fallen dramatically - cars, TV's and electronic goods.
The first TV I ever bought was in 1985, it was a 20" Sharp (with Teletext whewhey!) and cost $1700 retail.

Ehh but there is the rub Oscar, the prices of goods such as these were effected by tarfis also........

[Oscar]

Ehh but there is the rub Oscar, the prices of goods such as these were effected by tarfis also........

Yeah, but if you wanna calculate spending power, you have to factor in direct and indirect taxes.
If you want an example to use, you'd have to pick something that either wasn't subsidised or subject to tax or tariff or where those things haven't changed.
Prior to 1984, damn near everything worthwhile was subject to tariffs or sales tax of some degree.
By and large, this nightmare of red tape was replaced by GST, and the average rate of income tax went down, so all these have to be taken into account when calculating the spending power in the average pay packet.

Using milk as an example is just as silly as saying that since the average mortgage rate in 1982 was 21% per annum, the real cost of owning a house must have fallen.

[husaberg]

Yeah, but if you wanna calculate spending power, you have to factor in direct and indirect taxes.
If you want an example to use, you'd have to pick something that either wasn't subsidised or subject to tax or tariff or where those things haven't changed.
Prior to 1984, damn near everything worthwhile was subject to tariffs or sales tax of some degree.
By and large, this nightmare of red tape was replaced by GST, and the average rate of income tax went down, so all these have to be taken into account when calculating the spending power in the average pay packet.

Using milk as an example is just as silly as saying that since the average mortgage rate in 1982 was 21% per annum, the real cost of owning a house must have fallen.

Not really....... milk is a staple and a commodity brought nearly every day, by nearly everyone, whitegoods and cars are certainly not.
Stephen is saying buying power is greatly reduced which it is. subsidies tarfifs or whatever........ wages buy milk.
The relationship between the two..........is your buying power.......