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The Survival Podcast

Measuring Prices in Hours Worked – Epi-3775

The Survival Podcast

The Survival Podcast

Society & Culture, Philosophy

4.61.8K Ratings

🗓️ 15 December 2025

⏱️ 129 minutes

🧾️ Download transcript

Summary

Recently I posted and advertisement for guns on Facebook and X it was from 1972.  Featuring things like a Remington 1100 for 144 dollars and a Marlin 30-30 for 80 bucks.   A few people who I do applaud for doing the math pointed out that things like the Mossberg pump at 64 bucks was actually a little more expensive in 72 vs. today if measured against CPI inflation. Again I applaud anyone for doing math but OF COURSE IT TRACKS WITH INFLATION.  Yes, inflation tracks with inflation, shocking!  Seriously what actually matters is real cost, not dollar cost.  The dollar Continue reading →

Transcript

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0:00.0

There's a better way to do this.

0:07.0

Let me show you a better way.

0:15.0

You don't have to be another face.

0:19.0

And we are live. Good Monday morning, T TSP audience at TSP community thanks for tuning in today

0:26.2

this entire show came from a single Facebook post so I happen to be on a different platform

0:37.4

and I saw an advertisement when I'll show you in a little bit.

0:42.5

And it was for guns about 1971 and they had the prices.

0:50.2

And you could buy things like, I'm going off of my head here because I don't have the

0:55.1

ad in front of me, but I think a, like a Winchester 3030, just as one example in this ad, was like

1:02.9

80 bucks. And some of the people that saw the post, both there and on X, said, but wait a minute, when you do the calculations for inflation, it's about the same price.

1:20.9

Can anybody there in the live stream chat? There's only about 20 people as they continue to pour in a little out of time.

1:28.9

Once you start, the notices go out, people show up.

1:31.7

Anybody in there tell me why that's like not surprising at all that an item that cost more today compared to the time in the past would actually be pretty close to equal to inflation?

1:46.6

Is it because that's how inflation works?

1:50.2

Is that because the number is actually consistent with some level or degree of it?

1:55.1

In fact, some people said, you know what, Jack, when you really look at it, if you bought a Mossburg

1:59.0

shotgun on sale, it actually costs less today relative to inflation. Really?

2:05.6

So that led me to realize something. That in spite of doing this now, for 17 and a half years I've been doing this show roughly, it'll be, I guess the 20th will be 17 and a half years exactly. No, January 20th will be 17 and a half years exactly. So by next month, it'll be 17 and a half years. By this summer, I'll be doing this for 18 years. On some level, I guess I failed. Not horribly or anything. I mean, the fact that people in my audience, people that follow me would do the math, I applaud that.

2:35.6

And I'm being serious.

2:36.5

I'm not picking on anybody here.

2:38.6

But if you only look at inflation as a calculation based on numbers only, and you're using the dollar, which as we discussed in an episode last week, is like changing an inch, shrinking the inch,

2:51.6

and still calling 12 inches a foot, and then say in the house, the size of the houses didn't shrink

...

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