On the other hand, the price of an iPhone in 1973 was... infinity. There was no such thing, and Steve Jobs was a senior in high school.
Today, a brand new iPhone 7 will cost you about $600.
Ditto for an MRI, a GPS fix on where you are, or a Google Earth view of anywhere.
In 1973, you were totally at the mercy of Walter Cronkite and the other crypto-lefties of the MSM. The price of a session on Free Republic was infinity.
How bad is it? Ponder this.
What many Americans are paying in 4, 5 or 6 months in monthly mortgage payments today, equals the full price, or total cost of what their parents paid for their homes in the 1960s.
“On the other hand, the price of an iPhone in 1973 was... infinity”
Closest machine of the era (some years later) was the Cray 2, costing $42M and filling a room.