A Haunting Tale of Opportunity Cost
I just remembered that in the year 1999, I bought the album Backstreet's Back for the sum of Rs. 125. Rs. 125, at the rate of 3.5% annually (which is what I might have earned if I left the money in my savings account) would have worked out to Rs. 170.36 today. At the current exchange rate, that works out to about $4. Which is the price of a gyro on pita at Sammy's Halal food stall.
Thats right. My foolish decision to purchase that execrable album has left me poorer by one gyro on pita today.
Damn.
Thats right. My foolish decision to purchase that execrable album has left me poorer by one gyro on pita today.
Damn.
Labels: Lamentations



