You just have to look at the Dollar Store to realize how far inflation has gone. The Five And Ten Cent Store was a new idea decades ago. I really do not know how old that chain was but now the Dollar Store has replaced that chain. Everything a dollar can buy. It actually cost more than a cent for the Mint to produce a cent. Eliminate the sales tax and the cent goes. The Dollar Store chains tells me how much prices have gone up. Now it is a dollar not five or ten cents that products often cost.
Tags: eliminate the sales tax and the cent is no longerr needed, Five and Ten Cent Store, inflation, It cost more than one cent for the Mint to produce a cent, penny, sales tax, THe Dollar store and inflation, the Mint
Posted in balance, life, money, time |
Times have certainly changed. I had to look really hard in the store to buy chocolate with the sum of fifty cents. It was difficult to find anything I could buy with that amount.
I remember candy stores in my childhood and candy that could actually be purchased with a penny. Even bazooka gum costs more than a penny today. I have not looked lately but the last time I checked it was at least a nickel.
In fact, it cost the government more than one penny to manufacture one penny. To me, that makes no sense to excuse the pun. In fact, if you eliminate the sales tax you really would not have any further use for a penny. Pennies then would become dinosaurs.
Tags: bazooka gum, candy, candy store, childhood, chocolate, fifty cents, government, inflation, nickel, pennies, penny, sales tax
Posted in humor, knowledge&learning, life, money, time |
