Uncommon Sense

October 19, 2021

Dollars to Donuts

Filed under: Culture,Economics,language — Steve Ruis @ 7:32 am
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There is a phrase old people use . . . “I’ll bet you dollars to donuts that. . . .” Only old people use this phrase because it is a confidence statement, making a bet where on one one side you are putting up dollars and on the other they are putting up donuts. This was, of course, back in the day when a donut was 10¢ or less.

Now that donuts are close to a dollar a piece, this is not such a daring bet.

Who says inflation has no lasting effects?

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