If houses were 6,000 euros in 1970 and are €450,000 today
And minimum wage was 0.75 cents in 1970 but is €14 today

Then minimum wage today considering inflation should be €56.25 an hour.

>>511427776 (OP)
The minimum wage should be $1000+, considering the massive increase in productivity in society.

The rich have already eaten you.

why do you think governments stopped including housing prices in inflation calculations?

This type of inflation in wages also covers everything you could want to afford, including health insurance.

But the price of food would also go up, but it proves that the money in your pocket is 400% devalued to keep you a worker for life.

Because of billionaires we have an 8000% inflation on original prices and you are receiving 400% less that you should in your paychecks.

>>511427776 (OP)
Rentlets shouldn’t breed

>>511428130
Do a calculation on how much you got in your previous job.

Multiply by 400% so times 4, and that's the real paycheck you should have been earning.

>>511428319
You shouldn't breathe

>>511427776 (OP)
Nothing will happen while the current politicians still breathe air

Selling your precious time and body for ten euro an hour all to make some corporation rich is disgusting. We need socialism.

>>511429989
>>511429929
Notice that we dont have a minister for economics?

That should be important

>>511427776 (OP)
>Then minimum wage today considering inflation should be €56.25 an hour.
yes correct
however what is the difference between 1970's and today's workplace economy?
you only get 1/4'th of the 56€ (aka 14) because the rest of the 3/4th's is given to women, pajeets and robots (yes ofc there were automatic machinery in the 70's but not full ai powered production lines requiring no human intervention)
>1971 women enter the work force
>2001 pajeets started flooding the west
>2021 simple works got fully automatized

so 56€ is still the minimum wage, you just aren't getting most of it

>>511427776 (OP)
>josh doesn't understand supply and demand
The thread

>>511427776 (OP)
So what you’re saying is we need WW3 to devastate Europe and Asia again so American manufacturing can make a return and we can increase the ratio of females to males? As an honorably discharged veteran immune from the draft I’m 100% in favor of this.

>>511427776 (OP)
Nobody is paying that much for a house. Check your country's real estate listings. Better yet, talk to an honest real estate agent. They're shitting their pants right now. More houses are coming off the market than going on now. By a lot.

>>511427776 (OP)
>>511428267
Do the same calculation, but use physical silver ounces as the money reference point.

>>511427776 (OP)
The euro was created in 1999

>>511428130
It's 80,000 BC. You're a stupid nigger who doesn't know about compound interest. You think that money can or should be saved, without any return on that... or even that somehow money holds value over the long term. But of all the pants-on-head-retarded things you believe, you think that Elon Musk has MONEY when what he really has is shares in a company whose valuation is currently high and that this valuation is anything other than a mistaken estimate based on the belief that because you can sell 1 share or 10 shares at that price that you could somehow sell millions of those shares at the same price.

Your minimum wage should be zero. I want you to starve to death as the whipmasters force you to perform hard labor, you commie faggot.

>>511430124
We do its just called the minister of finance, it umbrella covers the economy. Its currently Paschal Donohoe

>>511433900
You will never be a richfag.

>>511427776 (OP)
Minimum wage in America should be $45-100/hr. 45 if you price by inflation. 100 if you price by gold. That's counting from 1970 when the gold standard was abolished here.
>>511428130
Yeah you're right about adding productivity in. Also get rid of the Jewish daycare USAID jobs.

>>511427776 (OP)
>minimum wage
Have you considered developing a skillset that doesn't involve delivering fast food?

>>511434132
No it doesnt. It just covers banks and how much they pay wage slaves.

If we had a minister of economics we would have someone that would set the price and value of goods and products to a socialist value.

Instead of putting us 350 billion Euros in debt to the world banks.

>>511427776 (OP)
>Impose a tax to artificially increase the price of alcohol, cigarettes and sugar.
>This discourages people from purchasing and using them
>impose minimum wage to artificially increase the price of labour.
>this obviously doesn't mean there are fewer jobs! Haha what a stupid thing to think, it just means people get paid a livable wage with no downsides whatsoever! Haha everything's fine!
Typical example of leftoid thinking

The reason house prices are so high is because banks issue mortgages, and when they do they make the money up out of thin air, meaning new money enters the economy by artificially inflating people's buying power over fixed assets, meaning the prices of those assets spiral out of control. The only remaining question becomes how much debt can you or your family service while keeping your head above water.

Same has happened to tuition and healthcare in the US, you're using someone else's money to pay for something you want, and making it future you's problem.

>>511434703
I explained it before that it was due to billionaires.

But thank you for your specialised input.

>>511434453
>In 1970 everybody was paid in gold doubloons!
Hard to believe you're struggling to earn more than minimum wage, friend. Are you attempting to do anything to improve your situation?

>>511427776 (OP)
This (along with birth rate reduction) was the whole reason jews pushed so hard for women in the workforce. There's a direct correlation.

>>511434590
>if we had a minister for the economy they would be competent
Just like the rest of the government? The thing is the economy is covered by the finance department whether you want to agree or not. You could make the argument that you think another minsiter with the single roll of handling economic issues would be worthwile but why would they be any different than any of the current in power politicians. I personally think less minsiters with more accountability would work better

>>511434846
I'm immortal and im beginning to remember that we have been here before thousands of times, but what happened is that we go a mind wipe, so now im attempting to remember my past lives.

>>511434951
I expect once we abolish private property you will be gracious enough to be one of these high ministers in charge of making sure you get your fair share, right?

>>511434985
>so now im attempting to remember my past lives.
Since you Jeets believe in reincarnation, why not just off yourself and hope you roll better stats next go round?

>>511434819
Billionaires and hedge funds buying properties doesn't help the situation, but they're only buying those properties because their value goes up, because everyone just pumps free money into the housing market through mortgages. If they weren't guaranteed to go up then billionares probably wouldn't bother.

Also importing the entire third world isn't helping keep the house prices down.

>>511435044
My ministers get paid 280,000 a year when the average doctor gets paid 100,000 a year.

So I would reduce the amount of money paid to ministers first and reduce by setting a legal leveling system to monitor inflation of goods and services i would make my country richer internally but Poorer externally by inflating the wages of my people to match the levels of inflation.

Which means that due to specialised services, niggers would be deterrented by having a lack of value compared to their host nations.

>>511435130
>They're only buying it because it's in their self-interest
Wow, it's nothing. They shouldn't need a gun to their head in order to avoid doing things that are obviously bad for the country. What is all that money for if they're just going to be living in neo-Brazil in a few decades?

>>511435044
You just going gloss over the accountabilty part are you? Accountabilty and socialism dont go together because socialism is feminine. I want politicians to be held accountable if they dont fulfill what they claimed they would do. How is wanting less people in government pro socialism anyway?

>>511434846
Shut up kike I work white collar and should be getting paid literally $200/hr or more.

>>511435335
>They shouldn't need a gun to their head in order to avoid doing things that are obviously bad for the country.
Tell that to leftoids, banks and every single politician we've had for the last 30 years.

The leftoids and the politicians need to hear it most apparently, since they don't even act in their own self interest, they seem to act out of pure ideological programming and then blame someone else when everything goes to shit. Like that Minneapolis mayor who knelt down to cry on George Floyd's coffin only to get replaced by a Somalian.

>>511427776 (OP)
Missouri had a referendum to make minimum wage automatically scale with inflation.
The day it went into effect the state government repealed it.
What's the point of referendums when that shit can happen?

Also I am still 100% convinced that if California or Texas had a law to make minimum wage automatically up with inflation, the Fed would shift to a 0 inflation economic policy in under a week.

>>511433900
>expects money to make him money off the backs of the laboring man
>worships the idle robber baron
How very Jewish of you

>>511435364
Yet you don't want to pay someone $100 to mow and trim up your lawn, because you're a cheap Jew.