Re: Inflation

Posted by PackardV8 On 2011/1/26 16:14:03

Inflation is not a $/time issue as much as it varies with quality of service/products and general economic trend.

The upholstery job for the 55 or 56 Carib at the depths of the depression ca. 1932-34 would have been about $100.00 complete with master level skilled upholsterer. And there would probably be 5 or 6 such masters standing in line for the job. NOT to mention done in leather, aligator or any other material of such a high quality that does not exist today.

Inflation relative to a dollar/time ratio produces exceedingly low inflation analysis. One has to consider quantity/quality and skill availalability as well as process methods. Such quantity/quality and skill factors that are perhaps simply not available today or would require a massive efort + $$$ + time to obtain or restore.