In 1971, the U.S. minimum wage was $1.60 an hour.
Gold was ~$40/oz.

40 hours × $1.60 = $64/week
$64 ÷ $40/oz = 1.6 oz of gold per week

Gold today = ~$2,400/oz
1.6 oz × $2,400 = $3,840/week, or $96/hour

That’s $15,000/month in purchasing power obliterated by fiat decay.

This is what they stole from you.

When boomers tell you they bought a house on a single minimum wage job, this is how they did it.

it's called inflation
don't be scared of using this terminology, it's correct

>>511016234 (OP)
Imagine the gains

Fuck Nixon

Does someone have that image comparing the price of silver and how many ounces were necessary through the decades to buy a 1911 pistol?

we wuz gold n shit

No shit.
They've been coon clipping for decades now and only people are realizing it now considering they work 40 hours a week and can't afford groceries.

>>511016234 (OP)
gold is 3400 an oz today

>>511016234 (OP)
Nixon fucked everything up in 71. After 71, the dollar was pure fucking fiat with no constraints.

>>511016234 (OP)
In 2010, the U.S. minimum wage was $7.25 an hour.
Bitcoin was ~$0.40/ea

40 hours × $7.25 = $290/week
$290 ÷ $0.40/ea = 725 Bitcoin per week

bitcoin today = ~$120,000/ea
725 × $120,000 = $87,000,000/week, or $2,175,000/hour

That’s $9,425,000/month in purchasing power obliterated by fiat decay.

This is what they stole from you.

>>511016972
bitcoin is tulip mania though, it will be worth zero eventually

>>511016234 (OP)
An uncle of mine worked as a lineman and made $20 per hour in 1969. That comes to some $140 per hour today, according to the government's official inflation calculator, which lowballs real inflation. So let's just say he made the equivalent of $200 per hour as a lineman (for the county, like in the Glen Campbell song).
With overtime, which linemen get a lot of, that's like $500,000 to $600,000 per year.
People today don't even know how badly they're getting fucked.

Also, in 1988, my mom worked part time in an envelope factory in a non-union state and started at $12 per hour, full benefits on day one. That's around $30 per hour today with full benefits (much better than today's benefits) on the first day of work.
That was of course good money for easy part-time work for a mom looking to supplement the family's income, but even 1988 wages were nowhere close to 1970 wages.
Workers have been getting dicked for 50+ years in America. No, the boomers didn't have it the best, though they had it better than we do. Shit started declining when they were in their 20s, though it had a long way to decline.
The GI Generation and the Silents had it the best by far.

>>511016234 (OP)
who is they faggot?

also this :

didnt have interwebs,GTA5 or freeporn in 1971...that shit is priceless !!!

>>511016234 (OP)
Gold is $3400 retard

>>511017203
>didnt have interwebs,GTA5 or freeporn in 1971...that shit is priceless !!!
I'd give all that up to make half a million a year as a lineman.

>>511016365

>>511017162

>Also, in 1988, my mom worked part time in an envelope factory

I fucked your mother in the back bathroom of the envelope factory

>>511016365
The term inflation implies it is an inevitable, natural consequence of currency, a rule of economics, something that just happens and WILL happen

The correct term is jewish greed
yes, jews could just, in fact, make and print less money

>>511017340
>covering up a jew's face with a pepe
kys

>>511017340
U jelly?

>>511017408
>yes, jews could just, in fact, make and print less money
And stop giving free loans to their friends to acquire stocks? That's not what jews do.

>>511016878
shh, the pasta maker is on a roll

>>511016234 (OP)
This half-sheckel whores is a brainless Silverstein peon shill.

sage

>>511016972
>muh beanie babies
As far as fiat currency, bitcoin is a worse store of value than us dollars. There is fuck-all backing bitcoin but hype.

>>511016234 (OP)
They have had AI tech for decades and it has gave them the game plan for control and it is obvious

>>511016234 (OP)
USA dropped the gold standard, your argument doesn't make sense.

>>511016529

I've seen that image and don't like it because the 1911 has actually remained fairly flat in terms of cost to purchase, though slightly cheaper today. Why I don't like it is because it suggests, in boomers brains, that things have remained the same as ever. The truth is that it is far, far easier with modern practices to make a highly precious 1911 than 100 years ago so while the purchase price has only slightly decreased the truth is that they should be so cheap we all have 1911's laying around like steak knives. "Oh yeah, I've got like 9 or 10 in a box downstairs because I keep winning them at the fair for shooting balloons"

>>511017408
Inflation is the cornerstone of a private central bank system. How else would the member banks profit?

By
The
Way

JP Morgan Chase lost over $685 Billion today.

LoL!

>>511016365
he is avoiding that word to break down the concept in a way that helps people understand it. Inflation is linguistically equivalent to the holocaust in that we have all heard about it so much that its meaningless

At this point the ibanks should denominate in peanuts or bananas!!!

>>511016234 (OP)
you're forgetting inflation

>>511017955
>Oh yeah, I've got like 9 or 10 in a box downstairs because I keep winning them at the fair for shooting balloons
Is this supposed to be sarcasm?

I think what you're conflating a bit is a lot of things have come down in price over the years, and in many instances of things technically getting mroe expensive, they've also gotten significantly better in quality and usability. However some stuff has gotten so prohibitively expensive and stuff you have to have blows the rest of the 'cheaper' items out of the water.

>>511017981

"First by inflation, then by deflation our children will wake up on the lands their father's conquered homeless and poor", I paraphrased one of the founders, but they knew back then that the whole purpose of fiat was to extract wealth from a people and they warned against it...only for total retards to let it happen in 1913 without a peep.

The central banks are like water trying to get into your home, it's always going to be there and you're going to battle it till the day you die, but staying on top of it is well worth the effort when you go to sleep dry every night.

>>511016365
Inflation is a term used by kike economists. I will continue to say kikes stole our purchasing power.

>>511018249
https://www.youtube.com/watch?v=YV4oYkIeGJc

>>511016234 (OP)
You forgot to note that they were taxing that income then too.

>>511018234

I will try to be more clear. Individual items should be cheaper than ever due to technological progress while, on the whole, we all earn far less for our work than people, 50, 75, 100 years ago.

So if it wasn't for the horrible fiat system stealing our wealth, the 1911 would be so cheap now we'd think of them almost as cheap as the raw steel weight they're made of.

But I don't like using it as a comparison to demonstrate how we make less than before precisely because it is technology. Just like AC, boomers will say we have it so much better today than 70 years ago because "you all have AC", but the truth is that we have more comfort and fare less wealth. I'd rather sweat on a throne of gold than be nice and chill in my tin foil bed sheets.

>>511017931
>USA dropped the gold standard,
not at all, you can still buy gold and silver dollars of the United States of America. They will cost quite a few US Federal Reserve Notes though. Currently United States $50 gold coin will cost about 4200 FRN debt units. Don't confuse the country and the corporation.

>>511018366

That's a good one, I prefer:

https://m.youtube.com/watch?v=giaZnIr-faM&pp=ygUXcmh5dGhtIG9mIHRoZSB3YXIgZHJ1bXM%3D

(Though I like Disturbed more)

>>511018542
Around $3500
Not $4200 lol

>>511016234 (OP)

Looks like GOD took you out, kike-whores...

https://youtu.be/Ploj-2di-rE?si=3sJd1p87HJS4zWvw?t=203s

>>511018929

Out dated, calculate with current silver prices, its nearer $37 if my napkin math is right.

https://dqydj.com/historical-home-prices/
source: Federal Housing Finance Agency
>median home value USA 1974: $28,789.00
>median home value USA 2023: $379,068.00

https://fred.stlouisfed.org/series/FEDMINNFRWG
source: US Department of Labor
>federal minimum wage USA 1974: $2.00/hour
>federal minimum wage USA 2023: $7.25/hour

>hours of work at federal minimum wage required to earn the median home value in 1974: 14,394.5 hours (6.5 years working 43 hours/week, 50 weeks / year)
>hours of work at federal minimum wage required to earn the median home value in 2023: 52,285.24 hours (24.32 years working 43 hours/week, 50 weeks / year)
>What the federal minimum wage SHOULD BE to earn the median home value in 14,394.5 hours: $26.33/hour

But nobody actually earns min-wage, so here are some Stats what people were actually earning.

https://babel.hathitrust.org/cgi/pt?id=mdp.39015021301612&view=1up&seq=406
source: US Bureau of Labor Statistics
>Data for production workers / nonsupervisory employees in various industries
>Total, gross hourly earnings (1974) by Industry:
>Manufracturing: $4.41/hour
>Mining: $5.21/hour
>Contract construction: $6.75/hour
>Transportation and public utilities: $5.43/hour
>Wholesale trade: $4.49/hour

Using the previous metric we can calculate what those people should be earning today:
>Manufracturing: $58.06/hour
>Mining: $68.59/hour
>Contract construction: $88.86/hour
>Transportation and public utilities: $71.49/hour
>Wholesale trade: $59.11/hour

Keep in mind we are talking about NON-SUPERVISORY employees here, e.g. for Construction sites it's the Mexican worker-grunts, not the guy giving orders.
So tell me, can some random lad who didn't even finish his highschool diploma go to a random construction site, give the Boss-man a firm handshake and start working the next day for $88.86/hour?
No? Because that was the reality boomers were living in 1974.

>>511018967
I agree. It’s all a scam/joke/crime against the poor.

>>511018306
This. Exactly.

>>511018015
So...

Basically...

You should bank at Trust.

>>511019185
*Truist

>>511016234 (OP)
When adjusted for inflation, the average house in Detroit was approximately 130k Where is today? The average house price in Detroit is approximately 7.5k therefore were actually deflationary not inflationary

>>511019218
POSTING IN AN EPIC THREAD, ANGEL BROTHERS

>>511019077

Just like everything is about sex, except sex, that's about power.

The fiat central banks are not about money, they're about control. The devil and his ilk don't care about money because they're happy to steal what's not theirs, what they cannot steal is your free will. So they devise methods to get you to relent and give in to their demands, thus they control you because you let them.

It's all about making God hurt, about making Him suffer. That's Satan's whole thing and if one doesn't understand this, then this world will never fully make sense.

That's why defiance to tyrants is obedience to God, because Satan is The Tyrant and to give in to Him is to do exactly what God wouldn't have us do, so to do anything other than what the devil wants only leaves us to align with God's will.

It's about power, nothing to do with the poor.

>>511016234 (OP)
My dad did nothing but throw luggage onto a plane and adjusted for inflation he was making around 80$ a hour in the 70s 80s and 90s, he was in a union but is anti union.
My childhood was watching the airlines die and his wages get erased by inflation while he hog clapped.

Now everyone is experiencing the same thing but starting at 20$ a hour.

He supported dmy replacement. Republicans legalized illegals labor usingthe 82nd congress hr5678 Texas praviso to legalize foreign labor.

Here's the kikemonkey theme song, brothers:

https://youtu.be/dp9ch-dAKk0?si=MSxxjJKFAHC0zcr5

>>511017340
Your dad used to use me during our sleep overs. It's the only reason I came over.

In 1977 I got paid $7 an hour as a new painters apprentice in the union.
That’s $37 an hour today and you couldn’t live on that then. I had to share an apartment with another person and after that food , gas I had no money left.
That was in the California bay area before population and house prices exploded.

The average house in Detroit can be bought for 1000 hours of work at minimum wage or 26 weeks of minimum wage labor

>>511019446
How do you suggest a person live in service to God while remaining fed and indoors and not miserable?

>>511017270
>>511016878
Based and 'op is a retarded faggot' pilled.

>>511018998
This post has made me angry.

>>511016234 (OP)
>pol/acks see this
>unironically still shill for capitalism
Take the RED pill /pol/ The communist pill. It's time

>>511018015
It is a fearful thing to fall into the hands of the living God.

>>511016234 (OP)
>This is what they stole from you
Everyone should watch this, The Money Masters and you understand how and why ((they)) did it
https://www.youtube.com/watch?v=AOk3wBuQNcE

>>511020074
Nigger, that IS communism.

>>511017162
>The GI Generation and the Silents had it the best by far.
The Americans who lived the best lives in history, as a generation overall, were in their prime earning years in the 1950s and 1960s, when America was at its absolute peak and nowhere on earth matched us in quality of life, except perhaps Monaco, Liechtenstein, and Switzerland.
Yes, boomers got richer, but it's unevenly divided. Some boomers are insanely rich and some are still quite poor. What happened in the neoliberal era beginning in the 80s and 90s was a divergence away from the solid middle class that prevailed in the mid 20th century.
For GI Generation and Silents, nearly everyone was middle class and very comfortable.

ITT life failures zoomers who cry because they cant keep up with progress of the world on global scale and blame jews for spending 1000s of hours on video games and anime instead of learning about marketing. there was never a time in human history where you could reach 50 000 people for $50 with direct to display adverising. you are just inept and think boomer obsolete "physical work=job" meta is still a thing when its obsolete for 10years just like you are and got replaced by CNC machine in some factory for $2

>>511020045
Queue the movie “Network” speech, “I’m mad as hell and I’m not gunna take it anymore!”

>>511019965

Depends on how long you live. I've got enough food to last a few weeks, depending in how God wages His war, that might be two and 6/7ths weeks more food than I need.

He's got your back, suffer for Him and He'll take care of you or call you home. Pay no mind to the worries for tomorrow.

>>511020179
>For GI Generation and Silents, nearly everyone was middle class and very comfortable.
And I wish we could go back to this. A middle class society is the most virtuous society according to Aristotle, since great wealth and grinding poverty lead people into vice (confer Aristotle's "doctrine of the mean" or the golden middle).

>>511016234 (OP)
In 1971 gold was illegal to own in the US

>>511020074
You lemme know where the Free-Market Capitalism is, Dipshit, cuz it sure as hell isn’t here in the USA.

>>511016234 (OP)
Gold and silver are barbaric relics only owned by actual retards.

They have no use and they are being inflated away too even faster than the dollar.

More gold and silver mines are found every year.

>>511016234 (OP)
ye sit was jews who destroyed the gold standard because they know that every civilization that has ever started to print money( stoped using gold, and other real things) has collapsed , also paper money can be exploited by hem

Hoisted
By
Their
Own

Peh

Tuh>>511020345


They're myopic retards.

>>511020285
I have been suffering and am very ready to be called home. I think about leaving every day for 26 years now.

>>511016528
fuck Nixon for listening to the jews

>>511020189
Not everyone can be in marketing nor can everyone utilize the internet for their profession. The boomer logic of "physical work = job" is very much still in tact and without it there's no marketing to begin with as physical goods run the world, but the anons are complaining that despite the world needing more and more physical goods, their own countries are fucking them in the ass for graphs to go green while their lives are worse. Given enough time, and its already evident across many sectors, Western countries will lack the workforce necessary to keep their economies running. You can't base your agriculture, industry, tech development, education, service sector, pensions, healthcare and much, much more on advertisements nor the internet.

>>511020460
Mine seems to work fine when I take my Eagles to the Coinshop.

>>511016234 (OP)
wow it's almost as if you're paid based on the market value of your labor and not how productive you are

>>511016234 (OP)
gold pushers are here in an attempt to move economic control to South Africa and Russia. Under any form of gold standard, the only people capable of producing new wealth are those with unmined gold. Whoever has the most unmined gold becomes the winner of the world

>>511020638
>market value of your labor
>the politicians that are donated to specifically to make the graphs go green also allow wanton immigration
>market value of your labor goes down
it's almost as if everything in the past half a century was done to artificially bring the market value of labor down, obviously not taking into account all the positions that have been run over by time

>>511019077
That SS general was absolutely right.
Am proud to say there is an SS General, of the Liebstandarte, in my family tree

>>511018015
Sorry, dawg.

Au revoir.

https://youtu.be/gbU4VRs2rro?si=G1ERhEWry_cXeb3n

>>511020703
>Whoever has the most unmined gold becomes the winner of the world
Only applies to those who have the ability to extract and process it.

>>511020497

Sorry to hear, best I can do is pray and you take it up with your Creator. I'm trying my darndest to put up a fight from over here, hopefully one day we meet in the middle and push back the suffer to a more bearable level.

>>511017162
>part time
>benefits
Really? Th

>>511016528
>>511020517
Put yourself in Nixon's position. Here's the situation...
> major trade deficit with arab nations. They sell a lot of oil to the US, and buy very little in return
> you find out that the arabs have decided to loot the US gold; redeeming all debts in gold, until they have emptied fort knox.

Your choice is...
> let them do it, leaving the US with no more gold
> say FU, you're not having the gold.

So which way would you go? Telling American to stop driving isn't an option.

>>511020524
>Not everyone can be in marketing nor can everyone utilize the internet for their profession. The boomer logic of "physical work = job" is very much still in tact and without it there's no marketing to begin with as physical goods run the world, but the anons are complaining that despite the world needing more and more physical goods, their own countries are fucking them in the ass for graphs to go green while their lives are worse. Given enough time, and its already evident across many sectors, Western countries will lack the workforce necessary to keep their economies running. You can't base your agriculture, industry, tech development, education, service sector, pensions, healthcare and much, much more on advertisements nor the internet.
This Bosnian gets it!
>>511020740
Absolutely!

>>511019734
ZAMN you're old
What did you make at your peak

>>511020168
>fiat currency is communism
DURR

>>511020345
>But that's not real capitalism
>I want the government to provide a price floor for wages because that's the true capitalism
You have nothing to lose except your chains

>>511016528
Nixon was based on the jews. Billy Graham visited Nixon and told him that they jews had a stranglehold on the USA that needed to be broken or the USA will fall. Graham called out the synagogue of satan, saying that they are demonically energized and empowered to do evil. He said the same about jews controlling Germany through banks and the media. "He (Hitler) went about it wrong."
Nixon said that he could never say it, but that he believed the same. He was planning on doing something in his second term. This is precisely why Nixon was thrown under the bus.
https://youtu.be/fenbuy9idOw
I don't know why he removed the gold standard.

>>511016234 (OP)
hello fellow funnyjunker

>>511021163
This is all a manifestation of the highest orders of greed. First the jobs were sent overseas, technology was basically gifted away, national security and industrial supremacy was wrestled from both the US and Europe, just to enable production overseas so someone's graph can go green and up. This removed hundreds of thousands of jobs from domestic markets. In this case the natural market value of labor didn't go down through a natural technological, educational and technological progression, but through a greedy group's desires to have cheap labor. Women were then added to the workforce, which brought down the market value of labor even further, while simultaneously causing an employment struggle. Now we're at a stage where raw technology replaces man and somehow the graph chasers think they'll get out of this unscathed. Sending jobs and technology overseas due to personal greed is the highest form of treason the North-Western hemispheres have seen. What I hate the most is how the benefits of turbo capitalism are privatized, while the consequences of greed and ineptness are collectivized.
>Example?
2008 financial crisis. While the money was flowing the benefits were to be private, but when the crash happened, instead of prison time counting millions of years for those responsible, what ended up happening is that society paid it all off through their own taxes and through debt of their own nations which their kids and grandchildren will pay for. Capitalism in 2025 and essentially since the 2000s feels like communism of consequences and a monarchy of privileges.

>>511017162
Don't forget pensions. My grandfather drove cars in a lot when he was young. That company is STILL paying my grandmother his pension, even though he died decades ago. That benefit is long gone.

Friends the freeMasons have it all figured out:

STEP 1: Collect ALL the fiat jew-paper.

Step 2: Defile everyone who didn't worship you for being the queen whore of shitslime.

Step 3: You win and catch all the pokemon!

At the 33rd degree they teach you how to NOT be a goat-fucking, shit-wolfing, mewling kike-whores!!!

"We're on tha road!..."

TO VERIDIAN CITY

>>511021986
Satan's Monkey Farm!

Ooh ooh
Aah aah
Ooh ooh
Aah aah

>>511021058
There's a number of different options to be taken here, but all of them require the discarding of comfort conformity, which is essentially always doing what results with your name being ticket in the next ballot box, even if it destroys the economy and country as a whole.

>>511018998
>borrows money
>spends borrowed money like it's income
You can do this too. It's called a loan. "But I have to pay the loan back!" So does the CEO in the picture. There are two ways for him to get money to pay it back: income or selling assets. Both are taxable events. "But I'll have to pay interest!" So does the CEO in the picture. Using stocks as collateral for a loan doesn't make the loan free. Oh and that $1m of company stock at the top? Also taxable income.
What kind of retards believe this stuff?

>>511021810
>This is all a manifestation of the highest orders of greed. First the jobs were sent overseas, technology was basically gifted away, national security and industrial supremacy was wrestled from both the US and Europe, just to enable production overseas so someone's graph can go green and up. This removed hundreds of thousands of jobs from domestic markets. In this case the natural market value of labor didn't go down through a natural technological, educational and technological progression, but through a greedy group's desires to have cheap labor. Women were then added to the workforce, which brought down the market value of labor even further, while simultaneously causing an employment struggle. Now we're at a stage where raw technology replaces man and somehow the graph chasers think they'll get out of this unscathed. Sending jobs and technology overseas due to personal greed is the highest form of treason the North-Western hemispheres have seen. What I hate the most is how the benefits of turbo capitalism are privatized, while the consequences of greed and ineptness are collectivized.
>>Example?
>2008 financial crisis. While the money was flowing the benefits were to be private, but when the crash happened, instead of prison time counting millions of years for those responsible, what ended up happening is that society paid it all off through their own taxes and through debt of their own nations which their kids and grandchildren will pay for. Capitalism in 2025 and essentially since the 2000s feels like communism of consequences and a monarchy of privileges.
You are far and away the most astute commenter here, Bosnian and Herzegovinian bro!

>>511022229
Stocks are a massive issue, always have been. The moment everyone can't instantly put a face and name to the ownership of a company is the moment you know you have a parasitic infestation in your economy.

>>511021879
>Don't forget pensions. My grandfather drove cars in a lot when he was young. That company is STILL paying my grandmother his pension, even though he died decades ago. That benefit is long gone.
Definitely!
Defined benefit pension plans are long gone outside of the public sector. They were far better than (((401ks)))

>>511020703
Absurd. Gold, like all currencies, is pretty much only valuable for trade. There's no point in hoarding a ton of gold if you're never going to trade it, and once you trade it, you no longer have control over the gold.

Also, you're making the mistake of conflating money with wealth. Anything that has a tradable value (and so all manufactured goods) counts as wealth.

>>511020524
marketing is the core of sales which is the core of economy. that simple. you cant get ahead in life without marketing because it is marketing which allows you to sell $5 product for $99 to mass amount of people. anons are crying like women because they want to earn more than they are worth doing basic 0 intelligence jobs. they simply got outscaled by 50 years and trillions of R&D that optimized labour jobs to machines and mass scale factories.boomers could get paid those insane amounts for basic labour jobs because world was local at town level. internet and intercontinental logistic made the market global so they simply are gapped by better price and quality

>>511022273
Thanks, but I wish it weren't so. We have been (((transitioned))) extra hard and by we I mean former Yugoslav states, so that became an eye-opener quite early in life.

>>511021058
Regime changes to more amenable "leaders" is always an option. 1971 was about fucking over the goyim

>>511020524
>Not everyone can be in marketing nor can everyone utilize the internet for their profession
this is why you and every other anon will never succeed in life. you view marketing as some specialized job while in reality it is basic requirement for any job because it is marketing that generates profit by 99%. hot dogs, installing toilets, plumbing, fixing cars or walking dogs it doesnt matter. digital marketing, psychological persuasion and copywriting = sales. said other way ITT financially inept life rejects who think they can compete vs machines working 24/7 for $2

>>511022553
Marketing is the core of sales, yes, but the point here is that the "outsourced by 50 years and trillions of R&D" is extremely inorganic and artificial. Not to mention that the presumption of legality is broken too. I'll give you a fairly popular example.
>Trump promises visas for all Latinos picking fruit or vegetables or whatever
This is one of the cases where a type of labor that existed since time immemorial is still in demand and still important, but the government is actively not only covering for those who illegally undercut domestic workers and their wages, but also the ones who hire them and not only that, but they're also making sure that they're here to stay. In other words, these jobs are clearly needed and the wages for doing these jobs would increase many times, as would the product costs because the labor would be domestic. Now you can go and market these fruits and vegetables however you like, but the point is that national economic sectors are undermined over private greed and those who are supposed to put a stop to it and who are elected to do so too are actively helping it.

>>511016234 (OP)

In 1971, the U.S. minimum wage was $1.60 an hour.
The S&P 500 was ~$99.03 a share.

40 hours × $1.60 = $64/week
$64 ÷ $99.03 = 0.64 shares per week

share price today = $6296.79
0.64 × 6296.79 = $4029.94 week, or $100.75/hour

That’s $16,120/month in purchasing power obliterated by the fact you have to use cash to pay for rent/food/ other stuff before you can buy stock or gold or any other investment.

This is what it means to be a dummy who doesnt understand finances

>>511016234 (OP)
What Could $1.60/Hour Buy in 1971?
Here's what someone earning minimum wage in 1971 might be able to afford after 1 hour of work ($1.60):

Item 1971 Price How many hours of work needed?
1 gallon of gas $0.36 ~0.23 hours
1 loaf of bread $0.25 ~0.16 hours
1 dozen eggs $0.53 ~0.33 hours
1 movie ticket $1.50 ~0.94 hours
New car ~$3,500 ~2,188 hours
Median home ~$25,200 ~15,750 hours

>>511022884
>this is why you and every other anon will never succeed in life.
You're making a lot of unnecessary assumptions about others here. Marketing is just a layer that is part of comfort conformity. Marketing is completely inessential and multiple systems throughout human history have shown it to be possible. Marketing can only exist in a country with a strong agriculture, industry and technological advancements and neither of these are on the West's side. There is only so long a society can function with everyone "gaming the cattle".

Home Prices: 1971 vs. Today
1971 median home price: ~$25,200

2025 median home price: ~$427,800

Increase (nominal):
> $427,800 / $25,200 = ~17x

Inflation-Adjusted Equivalent
$25,200 in 1971 ≈ $200,000–$220,000 in 2025

So, real increase:
> $427,800 / $210,000 ≈ ~2.0–2.1x

Conclusion: Home prices have increased about 2× faster than inflation since 1971.

New Car Prices: 1971 vs. Today
1971 average new car: ~$3,500

2025 average new car: ~$48,000

Increase (nominal):
> $48,000 / $3,500 = ~13.7x

Inflation-Adjusted Equivalent
$3,500 in 1971 ≈ $29,000–$31,000 in 2025

So, real increase:
> $48,000 / $30,000 ≈ ~1.6x

Conclusion: Car prices have increased about 60% faster than inflation since 1971.

>>511019675
You should write childrens books

>>511021058
I woulda nuked israel and the top 30 cities with the highest populations of jews.

>wait, what was the conversation?

>>511021810
Agreed with that other anon, quality post.

The damning thing about all this is how hard it is to convince people that this is happening, and that the western world traded short term gains for long term consequences. The women in the workforce portion gets immediate push back from normal people, and they condemn you as sexist. if you discuss how immigration complicates this further, they call you a racist. Most people in the area where I live in the US wouldn't agree with the things you said, but tell you to pull yourself up by your bootstraps (or something in that same vein).

You mentioned how the benefits of capitalism are privatized and the consequences are collectivized. The public here internalizes that even further. Any personal failing people have is their fault and their fault alone. The successful in this corrupt system are examples of flawless American entrepreneurship. Our culture, especially amongst older Americans, has this strange mix of grifting, hustling, and just-world fallacy. It won't go away here short of some major economic depression that forces people to see the system as it is.

>>511023711
I already do.
Have you ever heard of the rush revere series?

>>511021810
>Capitalism in 2025 and essentially since the 2000s feels like communism of consequences and a monarchy of privileges.
I have always said this:
The only difference between a communist and a CEO is money. They are the same fucking people to the core.
Great post btw.

>>511016234 (OP)
Gold is worthless

Roving raiders will kill you for it

>>511022345
>Stocks are a massive issue, always have been. The moment everyone can't instantly put a face and name to the ownership of a company is the moment you know you have a parasitic infestation in your economy.
Yes, I have been speaking against shareholder companies for a while now. It's the epitome of Jewish chicanery.
Companies should be individually owned or else owned by a few big investors who know each other like friends, just as was done 300 and 400 years ago.
Also, when you work for a decent company and it decides to "go public" (so that the owners can get rich fast by selling out), then you know you're in for a shitty ride and the company that was decent to work for will go down the tubes in a matter of months or a few years at the most. At that point, you have to jump ship.

>>511016234 (OP)
>Minimum Wage in 1971 Was $1.60/hr. That’s $6,000 a Month in Gold Today
Minimum Wage in 2008 Was $7.25/hr. That’s $60,000,000,000 a Month in Bitcoin Today

>>511024043
The whole point of gold is to shift value away from necessary resources like food and water in case you weren't killed. So only most of your post is wrong.

>>511022345
>>511023991
>>511024077
Just take the communism pill already. Stalin put fags in Gulags, leftist doesn't meanpro BLM-tranny shit

>>511022683
>Thanks, but I wish it weren't so. We have been (((transitioned))) extra hard and by we I mean former Yugoslav states, so that became an eye-opener quite early in life.
I also feel like I got a front row ticket to the onset of the neoliberal world, since I was born to a blue collar American family that, early in my life, got hit with offshoring and the importation of millions of Mexicans (especially after NAFTA, though the 1980s saw lots of illegal immigration from Mexico too, to help break white workers' bargaining power).
My family has been in a downward spiral for my whole life, and I'm pushing 50.
For sure, it never got as gnarly here, overall, as the former Yugoslavia when it broke up. We haven't had a civil war (yet). But I got a heavy dose of the new yuppie economy from a young age and was smart enough to tell that things were changing quickly and people were disoriented by the pace of change.

>>511016234 (OP)
https://youtu.be/E-vURmL3LwM?&t=577

>>511017162
>No, the boomers didn't have it the best, though they had it better than we do. Shit started declining when they were in their 20s, though it had a long way to decline.

Yes, then they did have it the best, because nowhere after that was there an incline to match what they had and experienced.

>>511016365
Inflation is broad and contextually vague. It's very easy to deflect inquiry and manipulate the conversation towards favourable themes.
Purchasing power is very specific. It's objectively measurable and objectively tanked since the release of the gold standard.
Bring it back won't fix anything, it's true. Currency itself needs a bit of a rethink.

>>511023277
>>511023277
>Marketing can only exist in a country with a strong agriculture, industry and technological advancements and neither of these are on the West's side. There is only so long a society can function with everyone "gaming the cattle".
Exactly right. Here in the West, too many people are living off the "fat of the land." This can't continue forever, especially with China and other countries rising in power and influence. Industry and agriculture are the core sectors of any modern economy, and of modern civilization itself. China is dominating in industry. Eventually, they'll dictate the terms of trade and wealth will begin to flow to China at unprecedented rates, like how it flowed into the USA after World War II.
Marketing is not essential. Industrial and agricultural production are essential. Even being able to think that a line of work like marketing is on the same level as factory production is a sign of severe decadence.
Eventually, America might be a de facto mining and farming colony for the Chinese people.
But it might not be so bad. Look at Australia. That's the role they already play and they remain quite wealthy just selling raw materials to the world's factory.

>>511022229
>What kind of retards believe this stuff?
the kind that huff their own farts, like you if you believe any of the garbage you stated

>>511018515
I heard the example of a Mustang back in 2021 or 2022.
A Mustang in 1967 could be bought in a certain weight of silver.
Allegedly in 2022, the silver weight cost was still the same for a brand new Mustang, which obviously is a much newer and more advanced design than the good one from 1967.

>>511022229
btw

You CAN'T do this too. You don't have the collateral and they know it, because they designed it that way so you wouldn't have it.

Rish is rich. Poor is poor. Rich is only rich because poor is only poor. Without one the other cannot exist.

>>511023861
>The damning thing about all this is how hard it is to convince people that this is happening, and that the western world traded short term gains for long term consequences. The women in the workforce portion gets immediate push back from normal people, and they condemn you as sexist. if you discuss how immigration complicates this further, they call you a racist. Most people in the area where I live in the US wouldn't agree with the things you said, but tell you to pull yourself up by your bootstraps (or something in that same vein).
Americans are still, for the most part, in denial. But the consequences are coming. China has surpassed us in many areas, including high tech. I worked in mining and can tell you that China is light years ahead of the West in mining engineering; only Australia comes close. China is doing things in mining that American mining companies just can't manage anymore due to organizational rot.
That's just one sector. When those smug people you refer to see that China clearly owns the USA and their best hope is to become useful to China, then maybe they'll understand the long-term consequences of giving our manufacturing, trade secrets, and organizational capacity away so that a fraction of the population could make quick and gigantic fortunes.

>>511023861
>The successful in this corrupt system are examples of flawless American entrepreneurship. Our culture, especially amongst older Americans, has this strange mix of grifting, hustling, and just-world fallacy. It won't go away here short of some major economic depression that forces people to see the system as it is.
>>511023861
>Our culture, especially amongst older Americans, has this strange mix of grifting, hustling, and just-world fallacy. It won't go away here short of some major economic depression that forces people to see the system as it is.
Many of those older Americans made their nest eggs off neoliberal outsourcing economy and from companies dependent on migrant labor. It's hard to make a person understand something when their income depends on them not understanding it.

>>511023036
word of mouth fucks marketing

always

this is what social media should have been about

>>511023991
>The only difference between a communist and a CEO is money. They are the same fucking people to the core.
Yes, social dominators who will claw their way to the top in any system.
Yes, ambitious people are needed, but not ones who just want power and have no higher goals for society, just goals for themselves.

>>511018195
Yes, but there hasn't been 85-to-1 inflation since 1971. There has been 8-to-1.

>>511016234 (OP)
>>511017270
This means the minimum wage in gold in 1971 would be like earning $5440 per week or roughly $282,000 per year.

>>511024245
>Just take the communism pill already. Stalin put fags in Gulags, leftist doesn't meanpro BLM-tranny shit
I wouldn't oppose real, principled communists if they started a revolution and had an actual shot at winning. I'm talking about the old school communists who had no interest in "identity politics" and knew that homosexuals are mentally ill and still had some basic racial and ethnic awareness (eastern Europe is far less friendly to third world migrants than western Europe is). I am not yet ready to be one of those people, but at this point I would not oppose them if they made a push for power.
My main gripe with socialism is how they usually say religion is just a tool for social control. Religion does serve this purpose, for sure, but it's a lot more than this, and I think most people cannot live well without a religious foundation.
I am also sympathetic to Strasserist National Socialism.

>>511021585
Cope more nigger.

>>511017408
>term inflation implies it is an inevitable
It is if you're pushed into manipulating value because your economy bleeds capital with every new citizen or immigrant. Resources are near-finite, we mine some but not nearly enough to sustain ourselves, therefore our economy is forced to take on a deficit in the form of buying imports. This deficit is countered in-part by manipulating currency valuation through inflation, more people = less resources to go around and thus prices rise, while wages stagnate. This is globalist central banks managing the downfall of the west with immigration...or rather, attempting to role-swap the west and east, kikes want to turn America into the world's workhorse instead of China, India, etc.

>>511024245
I don't think that any ideology is entirely to be dismissed based on its name and history and how others used it. Communism and specifically Marxism were born in a turbo feudal Europe, almost a century after the US freed itself from feudal shackles, so the recoiling at the idea of "collectivization" is perfectly understandable to me when I look at it from the perspective of a free American, but the support for it is also understandable to me when I look at it from the perspective of some Russian guy in 1917 who spent 3 years in an endless meat grinder, serving a feudal lord. The national economy, stronger borders and worker oriented aspects of socialism could help when coupled with freedom, opportunity and human rights born in the West, but you simply need good and perceptive people for this combination to work. A good start would be policies being reviewed individually.

>>511024545
>You mentioned how the benefits of capitalism are privatized and the consequences are collectivized. The public here internalizes that even further.
Agreed. I think It's got a lot to do with how the world and governments are structured. All responsibility is on the "voter", the "voter" has no right to forge their destiny other than wait out for the next "democratic cycle" and on and on it goes, completely devoid of what I call "peopleism" and that's simply humans of a nation coming together to prop their best up in order for everyone to live the best they can overall through a symbiotic relation that has deep roots(ie national, historic). We've lost sight of the reason why we have democracy in the first place. Refer to the marketing anon; it's all about gaming your fellow man. We're all declared the forgers of our own political misfortune because "we voted for it" and this approach is translated onto the economy too(your example). A society in which work is sound and reasonable is a society which has everyone working in the interest of said society because that society works in the interest of every individual. The Romans called it the enchanted circle as it feeds on its own impulses. But this requires every individual to understand this co-dependency and this realization rests solely on having both good and perceptive people, which we simply don't have enough of. The mass migrations feel like they're meant to dilute this pool of good people who can make a change because it increases variances between us all, simultaneously drowning those that want to change things in despair or apathy or a bit of both. This very discussion is a result of the inability to voice reasonable concerns in the societies people supposedly partake in and have a say in.

>>511017203
>Muh videogames and porn

You have to be a bait poster

>>511024731
>Americans are still, for the most part, in denial. But the consequences are coming. China has surpassed us in many areas, including high tech. I worked in mining and can tell you that China is light years ahead of the West in mining engineering; only Australia comes close. China is doing things in mining that American mining companies just can't manage anymore due to organizational rot.
Yeah, China has a planned economy. They plan their national economy in a national-socialist way, while internationalizing themselves in a semi-capitalist way and this half-assed approach has to be tolerated because everything we discussed brought the world into a dependant position and nothing short of a massive disruption can fix it. They take the best of all worlds they can to maximize what they have. They also don't have many of the historical, cultural and other restraints which allows them to maximize efficiency on a popular level.
>That's just one sector. When those smug people you refer to see that China clearly owns the USA and their best hope is to become useful to China, then maybe they'll understand the long-term consequences of giving our manufacturing, trade secrets, and organizational capacity away so that a fraction of the population could make quick and gigantic fortunes.
And this makes me wonder what they're thinking about who will defend their wealth and their assets when the system that they're gaming loses enough power for another system to determine or co-determine the rules. Truth is they will never be able to appropriately pay for the historic damages their greed has done because nothing short of multi-generational effort, struggle and luck can make up for it.

Yes, monetary expansion is the mechanism behind oligarchal parasitism.

>>511016234 (OP)
If ever given the opportunity for revolution, I will advocate the public torture and death for Jewish tricks

>>511021058
>you find out that the arabs have decided to loot the US gold; redeeming all debts in gold, until they have emptied fort knox.
you mean get the repayment on their investment for what you promised to pay them for? thats called a business transaction and it wasnt just the arabs it was the brits and swiss and french too all coming to redeem the gold that you promised to pay them. if you want to know who the jew was that took away your wealth you need to only look in the mirror

>>511016234 (OP)
>Gold today = ~$2,400/oz

Gold today is just below $3.400 per ounce.

>>511017015
>tulip mania
tulip mania..................yes

>>511025817
>Agreed. I think It's got a lot to do with how the world and governments are structured. All responsibility is on the "voter", the "voter" has no right to forge their destiny other than wait out for the next "democratic cycle" and on and on it goes, completely devoid of what I call "peopleism" and that's simply humans of a nation coming together to prop their best up in order for everyone to live the best they can overall through a symbiotic relation that has deep roots(ie national, historic). We've lost sight of the reason why we have democracy in the first place. Refer to the marketing anon; it's all about gaming your fellow man. We're all declared the forgers of our own political misfortune because "we voted for it" and this approach is translated onto the economy too(your example). A society in which work is sound and reasonable is a society which has everyone working in the interest of said society because that society works in the interest of every individual. The Romans called it the enchanted circle as it feeds on its own impulses. But this requires every individual to understand this co-dependency and this realization rests solely on having both good and perceptive people, which we simply don't have enough of. The mass migrations feel like they're meant to dilute this pool of good people who can make a change because it increases variances between us all, simultaneously drowning those that want to change things in despair or apathy or a bit of both. This very discussion is a result of the inability to voice reasonable concerns in the societies people supposedly partake in and have a say in.
You should write a book about your ideas. I'm serious. You have very good takes and I would find it refreshing to read such a book.

>>511017408
It is but productivity is supposed to reduce it. The problem is there are finite resources vs a growing population and without burdensome taxes on the wealthy supply has to be pushed down, but not even that happens because bankers take out a loan on the bottoms dime to charge them even more interest on loans they need so they can stay competitive.

>>511016234 (OP)
Yes, but Capitalism is working as intended. Except for the fact that we can't have regular people earning $96 per hour and remain competative with other nations that still have cheap labor. Or another way to say this is "Capitalism isn't working"

>>511025817
>The Romans called it the enchanted circle as it feeds on its own impulses. But this requires every individual to understand this co-dependency and this realization rests solely on having both good and perceptive people, which we simply don't have enough of. The mass migrations feel like they're meant to dilute this pool of good people who can make a change because it increases variances between us all, simultaneously drowning those that want to change things in despair or apathy or a bit of both.
I fully agree that mass migration of third worlders dilutes the ability of a democracy or republic to translate the people's will into policy for the good of the people. These third world migrants know nothing of civics. Many come from tribal societies where loyalty is to the local strongman. They don't share our ideals except for the desire for material comforts, but not our political ideals about freedom and the value of the individual in society.
It took centuries for Europe to breed the modern man who values freedom and insists on his rights. Voltaire's quote, that despite disagreeing with another person's opinion, he would die to defend the right of that person to free expression, is an alien concept to third worlders. It's a concept only the European/Western mind can comprehend, and unfortunately, our debauched and hedonistic Westerners today sometimes say Voltaire's sentiment, about sacrificing for free expression for everyone, even one's opponents, is just stupid. The quality of people is in decline, and we'll end up back in feudal barbarism as a result of this process.
After the fall of the Roman Republic shortly before the first millennium, it took Europe some 1800 years to see a rebirth in the ideals of freedom, around the 18th century. If we lose the civic discipline that it took centuries of our greatest thinkers and leaders to instill in us, then we might not see freedom in the world again for another two millennia or so.

>>511026202
>And this makes me wonder what they're thinking about who will defend their wealth and their assets when the system that they're gaming loses enough power for another system to determine or co-determine the rules. Truth is they will never be able to appropriately pay for the historic damages their greed has done because nothing short of multi-generational effort, struggle and luck can make up for it.
Those game-players living off the fat of the land will lose their wealth when another power can dictate the terms of the world economy. That wealth will be "structurally adjusted" to flow to the new hegemon.

https://youtu.be/nc-EAHaHeks

>>511016528

To blame Nixon is very uneducated. Nixon was only on his 2nd budget when he was forced by world events to close the gold window. LBJ did the most damage, the French Navy even sent a destroyer into New York harbor so they could get their gold out under LBJ (or was it under JFK?)

Nixon was locked into Bretton Woods which was an FDR and Truman debacle with the likes of John Maynard Keynes (Keyensian economics bullshit).

Since the end of WWII we were on the clock it was just a matter of time before the gold standard crashed. What is more important than the gold standard is does the U.S. still make things that is "value added" in the world. Gold Standard is important but also see William Jennings Bryant's 1896 Convention speech, "crucify humanity on a cross of Gold?" Long story short the gold standard isn't the perfect solution, the money supply is very restricted and remember it was a federal felony to own gold as a citizen from 1933 to 1974 or 75.

The US officially didn't have a gold standard until over 100 years after 1776. History is complicated but it really didn't take effect until the late 1870s and not officially until 1900, but whats the point when FDR made it a felony to actually own gold?

>>511026877
Thanks again anon, I appreciate our exchanges and I appreciate this whole thread too. Glad to have been able to exchange views with you. I used to write down various things, including stuff related to this topic, into different documents for this or that reason, sometimes because I would not want to forget something down the line. Irony would have me write this in a thread where we talk about how devalued work is, but even writing has been lost as a meaningful way to state things because AI can put down walls of texts in relation to various subjects within a second. It may not get a lot of things right, but its good enough to grab attention and drown out human input like it does on social media.

>>511027150
>I fully agree that mass migration of third worlders dilutes the ability of a democracy or republic to translate the people's will into policy for the good of the people. These third world migrants know nothing of civics. Many come from tribal societies where loyalty is to the local strongman. They don't share our ideals except for the desire for material comforts, but not our political ideals about freedom and the value of the individual in society.
>It took centuries for Europe to breed the modern man who values freedom and insists on his rights. Voltaire's quote, that despite disagreeing with another person's opinion, he would die to defend the right of that person to free expression, is an alien concept to third worlders. It's a concept only the European/Western mind can comprehend, and unfortunately, our debauched and hedonistic Westerners today sometimes say Voltaire's sentiment, about sacrificing for free expression for everyone, even one's opponents, is just stupid. The quality of people is in decline, and we'll end up back in feudal barbarism as a result of this process.
>After the fall of the Roman Republic shortly before the first millennium, it took Europe some 1800 years to see a rebirth in the ideals of freedom, around the 18th century. If we lose the civic discipline that it took centuries of our greatest thinkers and leaders to instill in us, then we might not see freedom in the world again for another two millennia or so.
I agree and I think this is one of the more likely scenarios at least Europe will go down in. Sometimes I also ask myself whether this is by design in order to mobilize everyone against these problems and in turn give in to an authoritarian government figure that will "fix these issues". It increasingly looks like entire continent is being put into a position where the people, after struggling long enough, would willingly give up their freedoms in order to get the problem that was forced upon them fixed.

Let me repeat:
MAY YOU BURN IN HELL, RICHARD MILLHOUSE NIXON!

>>511025429
>>511017408
Inflation is not inevitable, it is a consequence of the retarded Keynesian monetary policies that all western countries have been using for the past 50 years, but it's not the only one.

We have two generations of economists who have been brainwashed by Keynesian bullshit into believing that inflation is the only way for the economy to grow.