As most have stated, the storage conditions mean everything. Decades ago, I used some large paper canister stored powders that were bulk packed from WWII, and at the time, they were 35-40 years old. Another bulk purchase of Red Dot in 8# paper canisters from the early 80's lasted me into the 2000's, and it worked just as well as when first purchased. Today, I still have several pounds of Dupont and IMR powders that are in their original cans from the 70's, 80's and 90's, and ever so often, I open one to duplicate a few old loads I developed back in the day. They work, but I do inspect each before loading. Wet and warm conditions can cause can rust and powder degradation.
As a few have stated, it is interesting to look at the old price tags on some of these powders: $4.95, $5.49, $6.95, etc for 1lb, and the old 8# canisters of Red Dot were $35 per. I have 2 remaining 8 gallon plastic jugs of 5.56/7.62 mil surplus powders from the early 90's that work well, and I wish I could buy powder again for those prices: $100 per 4 jugs/32 lbs SHIPPED.