Current：Home > FinanceWhy the price of Coke didn't change for 70 years (classic)-Angel Dreamer Wealth Society D1 Reviews & Insights
Why the price of Coke didn't change for 70 years (classic)
View
Date：2024-12-24 02:26:44
This episode originally ran in 2012.
Prices go up. Occasionally, prices go down. But for 70 years, the price of a bottle of Coca-Cola didn't change. From 1886 until the late 1950s, a bottle of coke cost just a nickel.
On today's show, we find out why. The answer includes a half a million vending machines, a 7.5 cent coin, and a company president who just wanted to get a couple of lawyers out of his office.
This episode was hosted by David Kestenbaum. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: "I'd Like To Buy The World A Coke" by New Seekers and "Always Coca-Cola" by Joey Diggs
veryGood！ (1)
Related
- Horoscopes Today, November 10, 2024
- Trump's GOP opponents bristle at his response to Hamas' assault on Israel
- North Dakota lawmakers must take ‘painful way’ as they try to fix budget wiped out by court
- Amid fury of Israel-Hamas war, U.S. plans Israel evacuation flights for Americans starting Friday
- Cameron Brink set to make Sports Illustrated Swimsuit debut
- EU can’t reach decision on prolonging the use of chemical herbicide glyphosate
- US cities boost security as fears spread over Israel-Hamas war despite lack of credible threats
- Law restricting bathroom use for Idaho transgender students to go into effect as challenge continues
- Who's hosting 'SNL' tonight? Musical guest, start time, where to watch Nov. 9 episode
- As debate rages on campus, Harvard's Palestinian, Jewish students paralyzed by fear
Ranking
- What are the best financial advising companies? Help USA TODAY rank the top U.S. firms
- New Hampshire man wins $1 million from $1.4 billion Powerball draw
- Start Spreadin' the News: The Real Housewives of New York City Reunion Trailer Is Here
- Alabama lawmaker, assistant plead not guilty to federal charges
- Cleveland Browns’ Hakeem Adeniji Shares Stillbirth of Baby Boy Days Before Due Date
- Sen. Joe Manchin considers independent 2024 run, warns party system could be nation’s ‘downfall’
- A father worries for his missing child: ‘My daughter didn’t go to war. She just went to dance’
- Hornets’ Miles Bridges turns himself in after arrest warrant issued over protection order
Recommendation
'I was in total shock': Woman wins $1 million after forgetting lotto ticket in her purse
An employee at the Israeli Embassy in China has been stabbed. A foreign suspect is detained
Early results in New Zealand election indicate Christopher Luxon poised to become prime minister
-
Early results in New Zealand election indicate Christopher Luxon poised to become prime minister
Georgia lawmaker proposes new gun safety policies after school shooting
Police arrest teen in Morgan State University shooting, 2nd suspect at large
Louisiana considers creating hunting season for once-endangered black bears
Armenian president approves parliament’s decision to join the International Criminal Court