I was cleaning out an old bookshelf and came across this 2003 Grizzly catalog. Coincidentally, I’d just received a 2023 mailer. I was shocked by the increases in price.
Some highlights:
Standard 14" band saw: $375 vs. $800
Standard 6" jointer: $400 vs. $900
4-piece Bessey K-body clamp set: $150 vs. $350
I know nothing about how inflation works, so I’m not sure whether this tracks with the price of bread or whatever, but it was eye-opening.
Nobody has extra cash in their pockets so where did all that printed money go…?
Wait a minute… You’re not still living large off your stimulus funds from 3 years ago? Cause according to a few financial “gurus” on cable TV, we’re all living it up like Scrooge McDuck.
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It was a way to transfer money from the lower/middle class to the already wealthy elite. Notice how every big industry since Covid came has had “record profits”?
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It’s capitalisms fault. The workers should own the means of production, not some retarded nepo baby born to be a ceo.
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Good for you