Economics

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MellowYellow
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Location: Bristol

Economics

Post by MellowYellow » Apr 5th, '19, 16:14

Woman:
Do you drink beer?

Man: Yes.

Woman:
How many beers a day?

Man:
Usually about 3.


Woman:
How much do you pay per beer?

Man:
$5.00 which includes a tip.

(This is where it gets scary !)

Woman:
And how long have you been drinking?


Man:
About 20 years, I suppose.

Woman:
So a beer costs $5 and you have 3 beers a day which puts your spending each month at $450.
In one year, it would be approximately $5400 - correct?

Man:
Correct.

Woman:
If in 1 year you spend $5400, not accounting for inflation, the past
20 years puts your spending at $108,000, correct?

Man:
Correct.

Woman:
Do you know that if you didn't drink so much beer, that money could have
been put in a step-up interest savings account and after accounting for compound interest
for the past 20 years, you could have now bought a new Ferrari?

Man:
Do you drink beer?


Woman:
No.

Man:
Where's your Ferrari?
Have you noticed that anyone going slower than you is an idiot, and anyone going faster is a maniac ?

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Jug_Inspector
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Posts: 618
Joined: Jan 12th, '17, 13:44
First Name: Richard

Re: Economics

Post by Jug_Inspector » Apr 5th, '19, 17:04

3 beers a day for 20 years!

Sounds more fun than a Ferrari.

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