Re: CD Prices and Inflation

17 Dec
2003
17 Dec
'03
11:17 p.m.
On Jul 26, 5:06am, Timothy C. May wrote:
Something not being talked about in any of the messages I've seen is the role of _inflation_. Those claiming CD prices are "too high" should consider inflation.
Good argument, but I think you're still paying more. Some have made the argument that the cost of manufacture of a CD is less (I wouldn't know). Most people pay considerably more taxes for that new platter, too. Sales tax is 6% or more now, was 2-3% then for most people, other taxes have gone way up too. You probably had to earn $28 to bring home that $16 cd.
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