1930's prices generally multiply by 20 to get modern prices. $325 * 20 = $6500.
Hmm. Does Elio know the resonance of its price? I think so.
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Why did the Everyman concept disappear? Because Real Value disappeared. When you are running a real-value economy, with money directly representing labor, you provide simple things for poor people at an affordable price. You pay the poor people to make these things, which means the poor people are now less poor and can afford simple things with real labor-exchanged money.
In Crosley's era, America was a real-value economy. We actually paid people to make things, which meant they could afford to buy simple things with real cash.
In a false-value economy, you fool people into thinking they can buy fancy houses and fancy cars. You counterfeit borrowed "money" to help them "buy" these things, and you hire robots or super-cheap foreigners to make the fake fancy things. Very little real value is created by the hands of poor people, and very little real value ends up in the hands of poor people. Their intrinsic satisfaction is low, their pay is low and their "possessions" get repossessed.
I'm going to watch Elio closely. It may be the first sign of a new dawn, or it may just be vaporware. [[ Later: Vaporware. ]]
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Irrelevant sidenote: I'm looking at the Elio website. Their default color is 'Creamsicle', which takes me directly back to my first experience with a Crosley.Labels: Natural law = Sharia law
The current icon shows Polistra using a Personal Equation Machine.