/biz/ - Business & Finance

im a 30 year old boomer and gas used to be under $1. mcdonalds had like a 20c wednesday burger, and sonic had 5 burgers for 5. whatd yall zoomers do.

at this point a six figure income will soon be minimum wage

>>14564003
yup and I was online for 4 hours on uber today and made a whopping $22

Late stage capitalism.

Work harder and you have more money ya faggot commie

>>14564027
The poverty level for families in SF is like $140k a year

>>14564148
Lol. Look at this fag.

>>14564154
I moved from 85 to 145k since I started working so ...

>>14564003
I was buying new trainers the other day and they're all £90+

I'm sure they used to cost £30 for some heavy duty skate shoes.

>>14564417
brand shoes have definitely gotten more expensive, as have "sports" clothes in general
I also stopped playing new video games sometime around 2010 in part due to me being less excited about them but also because they suddenly became something like 20% more expensive

>>14564003
the inflation has been insane, however i sometimes find myself paralyzed and unable to buy shit that i know i need even tho its not too expensive.
the other day i went to wally world because i needed string, but the cheapest was $2.29 so i left without getting any...then came home and realized it was crazy to need string and drive all the way over there and not get it. So i drove and got it, but felt really ripped off.
Having said all that, that night i ordered pizza and came to $30 with tip.
Sometimes i feel like im breaking in half. maybe im just becoming a very very old person quickly

>>14564417
yeah, I remember when "decent" shoes was like 50, and good 120-150

Now it's more like 100 vs 180...

>>14564507
Since I am a boomer who got a job and bought a house in 2010 before price explosion in US, I have quite good money

I can gamble away 5-10 ETH on IDEX with a few clicks, but buying a convienence store coke bottle for 3$ instead of going 1km to nearest real store and buy it for 1.5$ Fuck yes!

>>14564498
yeah distribution is cheaper than ever, no discs or anything just bandwith and like 100 GB storage... no manual or box

>>14564148
Our problems come from not letting capitalism work you fucking retard.

>>14564148
>"late stage capitalism"

Oh, so that's what it's called when almost every major country in the world locks your countries' companies out of their markets using anti-competitive regulatory practices, eventually forcing your entire population into the McService industry-and when doubling down on failing legislation drives up the cost of healthcare, real estate and higher education to unsustainably high levels over the course of a few short decades. I was wondering what the proper term for all that was

>>14564017
This, I can't believe how expensive fast food has gotten.

>>14564550
GenX here who has good money too...I understand what you are saying completely. the day i needed string i calculated i was up that day $9700 between crypto and stocks, yet like an old jew couldnt part with $2 for some string. These events seem to be happening with more frequency.

>>14564830
same with beer, I can easily buy some wine barrel stored craft beer bottle for 40 bucks, but paying 1.39 vs 1.19 for that "premium" washing power?

Never happening!

>>14564190
Is working in SF worth it for a year if I don't mind living in a van + gym membership?

fuck, I just remembered another good one
I was going to call for a pizza, but upon seeing the price I decided to drive to the supermarket and buy a frozen one instead, as they for some reason haven't gotten more expensive
the ratio used to be something like 1.5-2 frozen pizzas per restaurant-made one, now it's easily 3-4 frozen per restaurant-made

>>14564876
Nowhere to legally park the van, the city got tired of people doing that.

36 y-o boomer here
I remember a night out drinking/dancing at a bar/club would cost you like $20-30 With $60+ you'd have ONE HELL of a night. Also you could eat at McD and be satisfied for $5-7, nowadays it's like $15
PS: canadian prices

>>14564971
in 90's you could find many bars that had $5 cover + $2 pitchers of beer....for $20 you could drink all the beer you could possibly fit + have enough left over for drunk eats at end of night.
Now a single fucking beer is $6 at most places. it simply takes the joy out of it...

>>14564704
Not letting capitalism work is part of capitalisms problem, it can't defend itself from angry plebs and charismatic leaders. The proponents of capitalism are spineless cucks who care about gay shit like the NAP.

>>14564003
I think it's not a fair comparison because 2010 was near the bottom of the economic collapse, and right now our economy is supposedly roaring and more people have money and therefor everything is more expensive, on top of the ass rape rate of inflation.

>>14564027
thanks crapitalism.

>>14564971
> I remember a night out drinking/dancing at a bar/club would cost you like $20-30 With $60+ you'd have ONE HELL of a night.

I remember those times. Early 2000s. No tinder. Just tellin the ladies they're lookin good was all you needed.

Crazy times man.

>>14565221
yea even striking out had its charms because sometimes it wasnt a total strikeout but a basehit...seeing that she was actually tempted and considering the offer to come to your place was sometimes worth more than the actual score. thats what all these gay tinder shit misses...

>>14565221
Then just walk away

>>14564755
>Entire planet rallies under a banner of "Make the Americans pay for it"
>It's somehow America's fault things have gone to pot

God I hate Europeans. There are at least some Asians who understand, but Europeans got to go. At least they're doing it to themselves.

>>14564003
you arent a boomer faggot neither are all these other 30yr olds fucking faggots. I swear. tired of this baby boomer false flag

>>14564377
Barely keeping up with inflation, you will soon cap out and your salary will be worth less

>>14565316
relax man

>>14565294
>Why can't America by more like Europe, we have all this free healthcare and social safety nets
>*Refuses to adequately pay for it's own military*

It's like a real life Scumbag Steve meme on a grand scale

Everything became extremely expensive because of quantitative easing (money printing).

The US is in the unique position of issuing the dollar. As a result quantitative easing did not have that big of an effect because the people and institutions around the world gladly took those new dollars to their shores.

Everything will keep working fine as long as those dollars remain hidden away in foreign accounts. It would be really bad if those dollars came back to the US. It would Argentina tier inflation.

>>14565404
>QE
>money printing

based retardbro

>>14564148
It’s the fed monetary manipulation idiot

It's all gone to shit since (((they))) killed the gold standard.

>>14564755
It's almost as if regulation is an intricate part of a massively complex system, and not just a two-dimensional dynamic of "less regulation = good, more regulation = bad."

It's an intrinsic feature of capitalism that wealth concentrates and consolidates. All actors in the system have an incentive to gain a competitive advantage, and those with larger resources have more leverage to do so inorganically and stifle competition. When that happens, which it inevitably does, the ideal of a free market is lost.

I'm 32 and I think COL has gone up almost 3x since I was a boy.

That's 300% of 30 years.

Wow totally sustainable right?

>>14565524
No. The larger a corporation gets a larger proportion of funds and energy gets lost in the gears of internal and external bureaucracy until it becomes unsustainable. There's barely a handful of large corporations that are older than a few decades because of this dynamic.

>>14565316
found the coping zoomer

>>14565596
that's how it's _supposed_ to work but the reality is that when corporations get big enough they write regulations to protect themselves and hamper competition. it's been like this for hundreds of years, even adam smith bitches about it in wealth of nations.

>>14564498
It definitely feels like $39.99 was the upper limit of game prices

>>14565764
Exactly. It's like y'all Capitalist dont actually think for yourselves and just repeat what others tell you. Look at the history. Free market blah blah. Look whats happening without a "free market" imagine if it were a "free market". The government already bows to Amazon and Google. Imagine they had more freedoms.

>>14565764
That's why we need to get rid of the state or remove all its legislative power. Lobbyists don't lobby your 90 y.o. neighbor because she can do fuck all to affect the law, the same should apply to the government so we get rid of lobbyists.

>even adam smith bitches about it in wealth of nations.

didn't think he was a communist pig

>>14564003
>Since Bitcoin was created, United States dollar has lost 62% of its purchasing power.
Now, do you see through the veil?

>>14564003
>tfw they renamed "the dollar menu" to "the value menu"

>>14565382
>>14565686
prety sure baby boomers started this fucking meme.

>>14564003
How much is "to make it" now?

>>14565892
Definitely very Socialist.

>>14564148
Late stage fiat currency and cronyism. We could blame capitalism if we actually had it in place.

>>14566604
Cronyism is a form of Capitalism . Like Anarcho-Socialism is a form of Socialism.