• buttmasterflex@piefed.social
    link
    fedilink
    English
    arrow-up
    12
    ·
    edit-2
    9 days ago

    Yet another way to even further deceptively present the price. In this instance, it’s gas equal to $3.9999 or $4.0099, which are really just $4.00 or $4.01, respectively. All gas prices I’ve seem in the US have the $0.0099 added, whether shown or not.

    • TootGuitar@sh.itjust.works
      link
      fedilink
      arrow-up
      1
      ·
      9 days ago

      It’s actually just one extra decimal place (thousandths), so $3.999 or $4.009.

      I’ve never seen a ten-thousandths place in a price in USD.

      Fun fact: mills, or one-thousandths of a dollar, were actually officially specified as valid units of currency in the first several laws establishing the US mint and the coinage system, in the late 1700s.

      But yeah, now they’re mostly just used to scam people at the gas pump.

      • buttmasterflex@piefed.social
        link
        fedilink
        English
        arrow-up
        2
        ·
        9 days ago

        My mistake, thanks for the correction! I didn’t know it historically went back that far as a valid unit. I always figured it was just people being scummy with no basis for it.

      • justaman123@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        9 days ago

        Pretty crazy to think a mil used to be about the value of one dollar today. Although it’s pretty tough to actually compare the inflation because of too many factors. Mostly just because of how different our world is from theirs.