Cost of a New EFM520 in the 60's ???

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Barnzy
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Post by Barnzy » Sat. Dec. 19, 2009 11:33 pm

Does anybody have any idea of what a new EFM 520 cost back in the late 50's or early

60's. Stoker and boiler, without installation.

RB :?:

 
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stoker-man
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Post by stoker-man » Sun. Dec. 20, 2009 6:31 am

$500 - $1000

 
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Duengeon master
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Post by Duengeon master » Sun. Dec. 20, 2009 8:13 am

stoker-man wrote:$500 - $1000
In today's money that is about $6,000 -$12,000 Can you say inflation! get ready for more.In two years it will cost 20,000 or more. Only paychecks won't go up as fast. :(

 
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CoalHeat
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Post by CoalHeat » Sun. Dec. 20, 2009 8:18 am

That would be $3,654.22 to $7,308.45 in today's dollars, using 1960 as the year in this CPI calculator.

For example if you earn $1000.00 per week now it's equal to a $136.83 paycheck in 1960 dollars.

http://www.bls.gov/data/inflation_calculator.htm


 
mof1964
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Post by mof1964 » Sun. Dec. 20, 2009 11:09 am

Well I would think that if it hit the cost of $20,000 you can kiss them goodbye. I don't believe many people would make that kind of investment.

 
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whistlenut
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Post by whistlenut » Sun. Dec. 20, 2009 11:36 am

It's all relative....but it still sucks! Pelosi and Reid are probably trying some diversion as we speak....some call that the Massachusetts advantage up here. Smitty has some more more technical response I think!

Concerning the EFM pricing...not all of them are "Classics" Some are JUNK!...just like cars, houses, boats, planes, women....wait a minute, who stuck that one in there..... Like people, judge each and every one on a one-off basis.
Most are terrific, some need surgery to remove the 'pesky hair' that 'impacts' them! :idea: :D

Investment....people pay whatever makes them feel 'complete'. A hundred grand for a solar system, a hundred grand for a wind tower and generator, whatever the price of a new car or WORSE YET, a new truck that gets 10 MPG! WOW!!

 
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stoker-man
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Post by stoker-man » Sun. Dec. 20, 2009 11:56 am

people pay whatever makes them feel 'complete'. A hundred grand for a solar system, a hundred grand for a wind tower and generator
When you say people, you mean the working man paying the taxes, right? Since I am subsidizing that windmill, etc.

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