A fun look at inflation

Are today’s inflation-adjusted prices affordable?

• Tickets to the 1975 World Series Game – Game 6:  Price $7.50

  This game is always mentioned as one of the greatest games in World Series History. 

• Four-Day Pass to the 1985 Masters:  Price $75

  Bernhard Langer won and all Top 10 finishers are in the PGA Hall of Fame.

• Tickets to the 1991 World Series:  Price:  $45.

  Most Braves fans prefer to remember 1995. 

• Standard Grade Muriate of Potash (MOP), FOB Vancouver in USD. 

February Price Levels:

1988 ($88pmt)

1998 ($125pmt)

2008 ($375pmt)

2018 ($230pmt)

2024 ($240pmt)

Source:  Argus Media.

Excluding the extreme events in 2008, Covid-19 and the geopolitical disruptions in 2021-2022, MOP has increased about 3.5% per year, generally in line with inflation. If all the other events above had a similar 3.5% inflationary increase, prices might still be very reasonable for the average fan:

• A World Series ticket at Fenway Park today would cost approximately : $52 

• A Four-Day Pass to the 2024 Masters : $287

• A World Series ticket to see the Braves win in 2024 :  $140

Conclusion: Potash at $240 seems quite affordable.