Friday, September 14, 2012

Inflation?




I often buy old crafting supplies at estate sale, and *surprise* many of them have never ever been used! The tags on such items can be fascinating - a ball of yarn from Woolsworth's at 19 cents, a spool of thread from the Denver Dry at 14, a bag of embellishments from Ben Franklin's for 20 cents...
 

And this embroidery hoop, with a label for $1 .19. Really? That seems almost... expensive. So I get online to check, and a wooden embroidery hoop brand new cost 99 cents. So what's going on here? This hoop was bought at least 20 years ago, as that's when Woolworth's folded in the U.S.

Is the new one poor quality and made in China? Did manufacturing technology make these cheaper to produce? Demand is likely lower now, usually that makes things harder to find and pricier. Inflation never runs backwards, so how did this 5" hoop get cheaper over time? (Yes these are the kind of things that keep me awake at night.)

2 comments:

Storm, The Psychotic Housewife said...

I love finding old crafting items at sales. I miss the days of 15 cent threads, but that is funny that the hoop was more expensive then.

Pink said...

I've always gotten more used supplies than new ones, good thing I paid a lot less than the list price for this one!