/biz/ - Business & Finance

>>28920505
the soviets did a lot of that, that was the 60s
ccp is behind blm
but you can only get people on board with that ideology if they are poor which the debasement of 100 years is doing

>>28920637
you are completely fucked if you think pricing things in usd overtime is meaningfull. The value of the usd is measure in gold not the other way round. Believing otherwise is like believing a field gets longer if you measure it with a shorter yardstick. I'm so tired of explaining this shit so I'm not going to respond to you anymore
gold is money regardless of what anyone thinks. It's value changes the least over time of all things. The gold standard is what allowed debasement in that people denominated price wages and savings in dollars. When america was free there was a free market for currency and it was aparrent to people that currency are liquid ious not something to measure value over time in

>>24753038
You are the sub 100 iq and dont understand what i wrote.
Inflation adjusted charts are one of the biggest scams ever perpetrated on mankind. Cpi is antithetical to a unit of measurement it changes arbitrarily every year, ignores the exponential increases in production efficiency of consumer goods and equivocates substitute goods.

>>18389086
central banks make people CPI is the measure of value, it's as bad as burning books to change history. pic related

>>18389098
Bullying other nations is the opposite of what the us was set up to be. I don't think history could've happened anyway. Trust has nothing to do with it, it's about power

You're not coherent, I am saying the usd doesn't have to collapse but there will need to be a new iteration because the military hegemony that facilitates the petro dollar is being increasingly challenged and blatantly economically challenged by chinas petro yuan gold backed oil futures.
It's as serious as two mafias competing for protection money.

>>17701981
>bullshit double think phrase
agree. a hallmark of socialists

CPI is a meaningless measure of value over time because it is the complete inversion of a unit of measurement. Which is its design; to stop people accumulating wealth.

the value of the dollar was defined as 1/20th an ounce untill 1933 when they reduced the peg to 1/35th
if you earned $100 a week in 1932 you made 5 ounces a week
then in 1934 you still made $100 a week but now only earned 2.8 ounces

CPI makes you believe something that is not true; the dollar had a fixed value prior to 1971, there was no where in the world where you could exchange an ounce for $2000usd in 1980.

If I had held an ounce of gold from 1932 till today i would have made 77x in usd not 4x as cpi would tell you.

CPI is a flat out lie, it is madness.
It's as insane as retroactively changing the value of gravity

>>16746899

>>16741384
is it this?

>>16535474
what was the price of gold in 1920?

>>16533917
the scam is over

>>16326458
>>16326479
blatantly false

price of gold in 1965 was $35 because the dollar was pegged at $35 an ounce from 1933 to 1971

meaning the return on gold since 1965 is not 5% it is 4000%

reminder if you use cpi as the unit of value you will never accumulate wealth

the supply of the usd hasn't been defined by anything since nixon stopped the gold standard
the dollar has been in free fall since then, the only resistance (demand) is the fact countries need energy and opec nations only sell oil for usd.
central banks don't measure the loss of purchasing power of the dollar, they change cpi so they can say "inflatoin is below 3%"
tldr it's priced in

>>16212538
>standard of living meme
no one can afford debt free housing, education, a stay at home partner, debt free children. Every year your possessions are debased 8 cylinder cars turn into 4 cylinder, butter turns into margarine, meat turns into plant based imitation meat and insects. People are constantly leveraged into crime and immorality because they are one paycheck away from death.
we could live in an economy that harvested the energy output of an entire galaxy and have no wealth individually if the unit of value our wages were denominated in was designed to lose value to maximise our employment. Is there anything more beta than believing the decrease in the cost of something is an increase in your wealth.
what happened in rome is honest compared to what has happened in the united states.
>you have no excuse
the percentage of people that can outrun the 7%pa the dollar has lost in the past 100 years is negligible. you are a slave justifying his own enslavement.

>>16212563
>working hard and saving money will make you rich in your 50s
No it won't your projection is incorrect the same way if you tried to land on the moon using a unit of measurement that's length was a function of time you wouldn't even get into orbit

>>16143292
>>16143301
capitalism is where you have the right to own things so the only way someone can be profitable is to exchange value for your wealth. The most profitable people are therefore the ones that deliver the most value to others.
Where socialism is where some entity arbitrates what you own and can take your wealth whether you want them to or not. The most profitable people are those who have political power.

in your example of labor; socialism would force you to work for some compensation where capitalism lets you decide what to exchange your labor for.
The decrease in wealth of individuals in the west over the past 100 years is because central banks take peoples wealth via debasement and redistributes it to the collective economy aka socialism.

>>16132825
you will never escape wageslavery if you define wealth relativisticly

>>16065706
because a lot of people are more concerned with social status than freedom.
Biz is probably the most disagreeable group of people on the planet and is therefore canary in the coal mine that the Keynesian debasement has gone too far for the reasons you mentioned.

>>16023573
you would have to define down

>>16011385
you are a brainlet that is a victim of the socialism of central banking that then advocates for more socialism because you fall victim to propaganda that the fact there are differences between groups of people is the cause of societal degeneration.

https://www.youtube.com/watch?v=os63_osqIzo

If you don't want the return of capitalism, go live in china. Stop being a hypocrite.

>>15998293
imagine thinking it's possible for the dollar to go up against gold

>>15954147
The cause of corruption and tyranny in the 21st century is socialism.
if judaism and freemasonry ceased to exist this very second you are still a slave to the central bank.
Even now as I explain the mechanism to you, you still cannot understand anything more complex than skin color.

>you shouldn't be allowed to vote
The irony of saying vote while advocating for national socialism
>traitor
read your own constitution, if you do not like it china is the closest state to nazi germany today - move there you socialist

don't do any money laundering lad. However I do have to denominate my wages in central bank fiat meaning the central bank controls the value of my wage would prefer BitCoin as the supply is known

>>15923011
cpi is not a reasonable measure of value. The price of consumer good gets cheaper with time (moores law, wrights law). Central banks don't measure cpi they change the definition of the index to make the inflation figure between 0 and 3% >>15922852


it is ~7%pa against gold.
which is how the dollar was initially defined.

>>15914163
All I want is for people to measure value in a reasonable unit of value because my life is better when my family, friends, society and planet are not everyday comped and leveraged with their own existence or happiness into fucking each other over.
Only perverts and psychos want to live in a world of slaves.

We are on a rock orbiting a perpetual explosion in an infinite void, there is no need to put people in economic hamster wheels for the benefit of the faceless collective economic output or parasitic psychopaths who desire it

>>15844907
I'll try clarify with a salary example but this would also apply to savings.
The new deal reduced the gold standard from $20/ounce to $35/ounce over one year (1933)

Gold Standard (what happened)
1932 salary $1000 dollars or 50 ounces (1000/20)
1934 salary $1000 dollars or 28 ounces (1000/35) -44%

Priced in gold
1932 salary 50 ounces or $1000 (50*20)
1934 salary 50 ounces or $1750 (35*50) no loss

Gold standards are what allow debasement.