A lesson on inflation.
This Magnolia Ice Cream advertisement from 70 years ago was amazing not just for the prices, six pesos a gallon! They had a wider variety of flavors then, 20 different kinds, including unusual combinations like Ube sherbet not ice cream. Cherry-Pineapple too!
The prices then compared to today are a clear example of inflation and the decreasing buying power of the peso you save and earn in the future.

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Published on November 02, 2023 03:25