/biz/ - Business & Finance

Buy some VIDT if you want to lose all ur money

>>15170189
>hidden inflation
>hidden

you just discovered that the dollar is losing its value?

the FED has been printing paper like crazy for decades

>what is inflation

>>15170189
What the fuck kind of shirts are you buying for $80?

>>15170189
Don’t forget to mention the portion size of things is also getting smaller to hide inflation without raising the price.

Not to disappoint you but this will continue for eternity.
Remember those old guys that say "you used to be able to buy a pint of whiskey for 0.10 cents" that's you

>>15170189
the jews did this bc they think you are too dumb to notice

>>15170189
>hidden
I see someone finally gave their goyvision a break

>>15170314
This lol. I wagecuck at a gas station and literally every single time a 50+ year old person buys cigarettes they say "$9 for a pack? when I started smoking it was $1"

>>15170219
:/

>>15170272
Something like https://www.ctshirts.com/us/slim-fit-business-casual-non-iron-sky-blue-and-white-stripe-shirt/FOB0188SWT.html?cgid=shirts-business-casual-shirts#cgid=shirts-business-casual-shirts&start=14

>>15170362
yes but it feels like FASTER Now

>>15171178
Jesus Christ lmao. You can find shit like that for $10 and no one would know the difference

>>15171858
>wearing chinese plastic garbage

>>15171950
I’ve bought expensive and cheap shirts and longevity is the only difference. The cheap stuff lasts three years which is fine, just replace them whenever. Meanwhile my expensive shirts are still there after ten years but they smell like perms-dust so I can’t wear them outside anyways.

>>15170189
>Is this a hidden inflation going on or what?
You're a 35 year old boomer like myself, if not older. Its just the way it works when you use debt based fiat as currency.

>>15170189
i still pay 2.5€ for my 8.5% Duvel

>>15172083
yep, 34 yo boomer that worked full time since 2008 reporting in.

I make 3x what I did now at my first job but feel poorer than ever...

>>15170198
Why are you so obsessed about a $4mil MC shitcoin you have to post about it in a random thread?

>>15172122
>I'm new
Don't feed the shills fren

McDonald's better be joking of they think I'm gonna pay 8 bucks for a chicken nugget meal. Shit used to be like 6 bucks

>>15170189
>he saves and posts thumbnails

>>15172115
Worked full time since 2002...I remember when my mortgage was 254USD a month. I was saving over a grand a month & still living it up.

Flat nearly tripled in value in ~5 years. Those time are long gone, never to return.

>>15170189
I literally pay those same prices for everything right now, are you living in an expensive state or something.

>>15171188
It's exponential. The 2% it inflated last year is smaller than the 2% it'll inflate this year and next year the 2% inflation will be even higher than that in dollar terms

>>15172242
thats a very good point i didn't think of!

>>15170189
Look at it this way

If something was costed $10 35 years ago, under the standard 2% inflation rate, it will cost $20 today

>>15170319
Oh ya just like "da jooz did it". Fuck off you conspiracy tards. Stop blaming Jews for your own problems.

Excessive inflation is making saving & investing very difficult. And both of them are the real motor of any economy. Comsumption serves nothing if you cant invest.

>>15170189
DONT FORGET ITS NOT ONLY DOUBLE THE PRICE BUT ALSO NOW HALF THE QUALITY

>Hidden

Real inflation is between 400% and 1600% over the last two decades depending on the sector.

Normies seriously are frog in a boiling pot mode. Milk has gone from a dollar to 5 dollars over the last decade how much of a fucking zombo are you. Bread is 3.50 a loaf unless you want processed cardboard sugar cancer for a buck.

Uh yeah it’s called runaway inflation and currency devaluation dumbfuck.

A loaf of bread and a pound of deli cheese is almost ten dollars. Good cuts of beef are 5.50 a lb. yeah there’s some inflation, and it isn’t hidden at all.

>>15172737

Anyone else remember what real Oreos tasted like? Not this pressed black sand and gritty glue.

This world is fucking trash. You can still get real Coke in green glass bottles though. Imported from fucking Mexico.

Go to a Spanish store and buy some Ducaletes crackers, so you can be reminded what a Ritz actually tasted like. Beaners and Europoors won’t eat the slop they push off on Burgers, so a lot of their shit is still good.

Hurts me so bad I have to buy foreign shit to get actual quality. America is very close to dead.

Every time I hit the grocery store it’s 50$ or more.

>>15170189
I buy my beer for 0.9€

>>15172837

Just shop at your local Spanish market, it’s better shit at half the price. How else do you think they live on day laborer wages.

Pic related. There isn’t a major American brand cracker worth buying compared to these and they’re a dollar a pack.

>>15170189
I don't know about shirts, but one thing I've noticed is that you can't fill yourself up on $5 of fast food anymore. When I was in college, I remember I could get a meal for $5 at most burger places, now I'm lucky if I can get just the burg for $6. I heard that Taco Bell raised their prices recently as well. I'm not a boomer either, this is all within the past five years or so.

>>15170189
Rising taxes also increase prices. In addition to inflation.

>>15172375
Rrdpilled.

>>15170319
normies are too dumb to notice

>>15170362
>shitcoin does down 90% from last ATL

>>15172157
mcds is fucked, for $3 more you can go to a sit-down restaurant with 50% better food.

https://www.youtube.com/watch?v=DyV0OfU3-FU

>>15172375
If a student was kicked out of a school, was it the school or the student who made a transgression?
Maybe the student, maybe the school.
But suppose the same student is kicked out of over 150 different schools -- is it the student or the school who has a pattern of historical transgressions?

>>15170189
Fractional reserve.

>>15174940
Mike Maloney pedaling his bike baloney

>>15170189
Iktf. Just spent $30+tip on a small shitty dominoes pie, a drink and a few cold wings

It has been expensive for a while.

>>15170189
> Just bought a 12 pack of yuengling for 11.99
> Gas is cheaper than when I was 18 and paying 3+/gallon 10 years ago
The fuck are you talking about?

>>15174988
the quality of a society is directly connected to the quality of money

>>15170189
>Baiting this hard

>>15175323
you're right if BTC main adoptsh with ease. we would be seeing a the jetsons type life style in our life time.

btc will likely be heavily regulated to shit in a few years instead though

>>15170233
Oh they have a 2% inflation target but do 3%/year, don't worry Goyim that they consistently miss the mark of the whole supply of USD by 1%.

>>15175364
>you're right if BTC main adoptsh with ease

I overheard a conversation between my boomer dad and uncles say it's amazing how cheap pizzas are today. A large pie back in the 80s cost them a 10 dollar bill and now you can get one for like 8 bucks at dominos or pizza hut. So apparently that's one thing we have cheaper today

>>15175431
Pizzas back then weren’t made and delivered in 30 minutes from the ordering time. Unironically the shit you get at dominos and Pizza Hut is precooked and made with substitute ingredients like s o y

>>15175431
The quality of pizza they got was way better.
Boomers are willing to accept lower and lower quality in order to keep the illusion alive.

>>15172375
"da jooz" only glowies ever say this

>>15175460
>Pizzas back then weren’t made and delivered in 30 minutes from the ordering time.
Yes they were. Domino's started the "30 minutes or free" program in 1973.

>>15172115
You started working at 23? Fuck you

>>15170189
>I am making OK money as senior software developer, but feels like I have less money than ever.
I used to be you. $100K/yr as a software engineer, barely scraping by, couldn't save any money whatsoever.

Then the dot.com implosion destroyed my career and I was forced to move to shithole Asia to find any sort of work.

You know what? When you're not getting bled dry by U.S. taxes, U.S. corporations, U.S. healthcare, and U.S. expenses, it's easy to make and save money.

> 4G unlimited internet and cellphone service, REALLY unlimited, $23/mo
> (I'm typically using 100GB a month of data. $23/mo.)
> lunch, $3
> really really good and "expensive" lunch, $6
> water bill, $8/mo
> gas bill, $30/mo
> beautiful penthouse apartment with a smack-yo-mama view, $650/mo
> health insurance, $25/mo -- no that's not a typo
> total tax rate between 9% to 12%, less than just Social Insecurity alone in the U.S.

Yes, the healthcare sucks, but because of the lower taxes and overall cost of living, I can afford to go get decent care whenever I need anything serious looked at.

I'm literally saving 50% of my pre-tax income, and making 60% as much as I was in the U.S. (where I had a 0% savings rate).

>>15170189
>You could buy a nice shirt for 40$, now it's the double
>>15170272
>What the fuck kind of shirts are you buying for $80?
Sounds like overpriced Nordstrom stuff. I'm literally buying tailor-made custom silk shirts for $30 each when I fly to Bangkok. Paul Bespoke is my favorite (nicer fabrics, more creative designs, north side of Sukhumvit across from the Landmark Hotel), but Fashion Avenue (ground floor of Parkway Inn on Sukhumvit) is more perfectionist for business shirts if you want the same sort of stuff you'd buy at Nordstrom instead.

>>15175015
There was an enormous oil-price explosion at the beginning of Obama's term. Went from literally $1.69/gallon to $4+ in under a year. This was a direct consequence of the collapse of the USD relative to other currencies and it came pretty close to collapsing the U.S. economy. It's why even though Obama hated the U.S., he was still forced to allow fracking to take off -- he knew he'd be forced out of office and probably hanged from a lamp-post if he totally destroyed us. Instead he figured he'd just keep the water from boiling and turn it all over to Hillary to keep crushing us.

Now the U.S. is a net exporter of oil, and we can use oil as a weapon again, instead of watching it be used against us the way it was in 1973 and 2010.

>>15172375
Fuck you kike. You destroyed white identity.

>>15175672

What country?

>>15175672
How could you save a percentage of tax ? Wot

Here you go frens. Eat at home, buy domestic.
>rice and beans
>stock up on canned goods

t. Work in agribusiness

>>15175741
What in the fuck just happened here?

I remember when 1 BRL was worth 1.20 USD.
Now 1 USD is worth 4 BRL.

Good old times.

>>15172122
U see anon Some LeakerFAG on the exclusive LEGENDARY BIZ DISCORD (Bunch of bored Neets that madeIT x9999 off of early btc and eth, playing as ((them)) cause bored ) decided to leak our next x1000 coin into biz, so now we have no choice but to short \\our coin// and spread fud to keep the normies and newfags from making it. It will pump soon thou

>>15170189

In 2008 we found out that we'd been robbed. We have no money because its been stolen.

>>15176082
>believing any of bs the (((BLS))) puts out

>>15175672
Where did you find work in asia?
Literally software engineer as well but getting depressed about waging away for the privilege of mexicans everywhere.

>>15176109
dude just fly to bangkok for good deals on shirts lmao

>>15176251
>>15170189
https://fred.stlouisfed.org/series/BASE?utm_source=series_page

Not stolen, but the amount of money in circulation was quadrupled since the recession. Mostly pumped into stocks and real estate

>>15170300
This

>>15175672
How did you possibly scrape by with 100k during the good times? I lived on 16k in wisconsin last year.

>>15175842
>>15176284
Rather not say. It's doable in any of the major Asian economies, though -- Japan, Taiwan, South Korea, maybe Singapore if you have financial services experience. You could do it in Thailand but they don't pay shit there and they hate foreigners who take their jerbs.

>>15176069
Do you understand what "pre-tax income" means? It's the income before any taxes are taken out. And after all taxes and all other living expenses, I am putting over 50% of it into long-term savings. Without any struggle or effort at all.

>>15176485
Literally half of my income was getting eaten by taxes. Property tax alone was $5000 a year -- when I bought my house it was $2000 a year, but they kept jacking it up massively every single year because "we can't possibly force our baseball team and football team (both owned by billionaires) to SHARE a single stadium, that's SHAMEFUL! We must raise taxes to pay for two separate new ones! Plus an exhibition center! Plus more taxes to help low-income individuals afford to live here!" Then I had to pay the bank for that house, too -- my mortgage was $1800/mo. Only after that could I start to worry about things like food, clothing, gasoline, and other consumables. Long-term savings? What are those?!?!

>>15176109
>>15176299
I'm trying to explain to you plebs how much better (and cheaper) life is outside the U.S.

Bangkok is a $240 round-trip for me. That's three shirts at OP's prices. Sucks to be you guys.

Where the fuck do you people buy your groceries? I still get that stuff for that price. Do you live in California or New York or something?

>>15176225
pajeet please cease this, it's embarrassing to watch

>>15175380
>thinks inflation is only 3% a year

>>15176276
Their bs agrees with what is experienced by the average American and faggots like OP

>>15175741
>Sounds like overpriced Nordstrom stuff. I'm literally buying tailor-made custom silk shirts for $30 each when I fly to Bangkok. Paul Bespoke is my favorite (nicer fabrics, more creative designs, north side of Sukhumvit across from the Landmark Hotel), but Fashion Avenue (ground floor of Parkway Inn on Sukhumvit) is more perfectionist for business shirts if you want the same sort of stuff you'd buy at Nordstrom instead.

Oh fuck I though people didn't fall for the Sukhumwit tailor scam anymore! Buddy the shirts you buy are shit. I work in Bangkok and have lots of local indian friends. They would never, ever, ever, ever buy anything tailored in Nana. However near Pratunam malls (palladium/platinum) are some decent ones.

>>15170189
Pho is like $10 now, i remember it was like $3.25 per bowl

>>15170189
stop buying shit with fiat until you can buy it with BTC or Cruzbit.

>>15175618
Did CS degree 19-22, started working part time as web dev the last year in school, then full time since

>>15176225
kys whalepool cash fucking degenerate drug addict soiboi cuccck

>>15170189
If you still can't afford to buy real estate in cash, even after 5 years of working as software developer.

You sir are being scammed. The CFO CxO thank you for your value, they are now enjoying yacht and several vacation estates.

>>15173866
Chipotle ftw

>>15170189
Go to Costco for food

>>15171157
Traitor should be dug up and pissed on

>>15178933
With Bitcoin we'll be able to afford to resurrect him by cloning a human with his DNA, which we can then proceed to beat and torture for literally eternity.

>>15175803
I have experience in financial services where to look for jobs overseas?

>>15170189
How does every propper neapolitan style pizza cost 10€+? Its just flour tomatoes and mozzarella and wood

>>15179369
+ the 20€/h the government demands to be paid to the african doctor

>>15170189
>The only thing that is less expensive is electronics
Things designed to distract you from how badly you're getting fucked are the only things becoming cheaper.

What a (((coincidence))).

>>15179223
LinkedIn, or country-specific job boards and services. Or just go there and start meeting people. You can be an ESL monkey for a few months while looking for a real job, if you can't survive without any other income.

Here's one for fintech, no Japanese language skills required:
https://jobsinjapan.com/jobs/finance-data-scientist-famous-major-insurance-company__trashed/

I literally moved, started looking in dead-tree-pulp newspapers, and had a real job in three weeks.

Check your destination country's work visa requirements before going. Some require a minimum of a bachelor's degree, some require a degree plus two or three years of related experience, some require more.

Japan just set up a new points-based system where if you have high level qualifications, they will give you immediate permanent residency and even hand you the keys to an apartment to live in.

>>15177596
>Buddy the shirts you buy are shit.
Sod off, Pajeet. I've been buying from both of the places I mentioned for literally fifteen years now. The shirts are high-quality, look fantastic, and I constantly get compliments on how great they look.

Sanny at Paul Bespoke knows his stuff and is a hell of a nice guy on top of it all.

The only person I know who has a better tailor is my boss, and the bum won't tell me where he buys his wardrobe. Pretty sure it's from Hong Kong, though.

>>15170362
cigs are different because their price has been artificially jacked up by taxes. Without the tax they’d cost $4/pack. That’s what they are commenting on.

>>15172796
Exactly. QE was basically a currency devaluation. It’s also why btc is valuable - the supply constraints ensures that things denominated in btc will get cheaper not more expensive.

>>15175460
Wrong

>>15172375
Your only making the situation harder for Jews by saying this. Stop defending Jews out of the "goodness of your heart".
Israel has no right to exist.

>>15175526
Boomers are all about that shit; lying to themselves to maintain illusion.

>>15175431
You can't compare food prices when talking about inflation. Food now isn't the same as it was back then, and the U.S. government subsidizes farmers to produce as much as possible regardless of profitability.

>>15175431
complete bullshit. what planet are you living on? where can you get a large pizza for $8?