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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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18837789 No.18837789 [Reply] [Original]

what went wrong?

>> No.18837801
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18837801

>>18837789
it really goes without saying at this point

>> No.18837816

they had silver in their quarters

the government actually kind of had to do budgeting

>> No.18837820

Intentional inflationary economics.

>> No.18837824

>>18837789
average income was 4594 per year, idiot, ever head of inflation? go read a fucking book man you dumbass nigger low IQ fatshit lazy cunt

>> No.18837864
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18837864

>>18837824

>> No.18837877

>>18837864
That's a meme from 2014 mate go eat a shit sandwich you fking boomering 40 year old one-leg-in-the-grave-dumbass-no-dad

>> No.18837983

>>18837877
Please go back to facebook and stay there. You sound like you drink onions and have tiktok on your phone.

>> No.18837998

>>18837983
uh yeah i have tiktok, wahts wrong with that? there are hot girls on there its my fapping aid

>> No.18838028
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18838028

>>18837998

>> No.18838044

>>18837824
>New House: 2.66x Average Income
>New Car: 0.46x Average Income
>Average Rent: 0.23x Average Income
>Tuition to Harvard University: 0.21x Average Income
the western world today is an absolute shithole compared to that

>> No.18838053

>>18838044
i was trolling didnt think someone would actually take the bait haha lowkey feeling bad for you man im sorry lmao hehe.. a-are you ok?

>> No.18838059

>>18837789
Uncontrolled immigration and Boomers slacking off.

>> No.18838064

>>18838053
it's okay fren, i forgive you for "pretending to be retarded"
after all the joke is on all of us

>> No.18838073

>>18838053
dude stop you need serious help
you remind me of my alcoholic uncle who is in jail now

>> No.18838091

>>18838073
You remind me of a soiboi person from reddit, the kind that drinks onions milk and eats tofu lmfao

>> No.18838092

>>18837789
is that with inflation priced in?

>> No.18838102

>>18838092
nevermind, didnt see average income. inflation not priced in so this means nothing. of course a movie ticket costs $1 when youre only making $4.5k a year

>> No.18838115

>>18838091
yike bro
seriously
take a chill pill
maybe take up a hobby like .... idk.... investing/??!

LOL
have you heard the bitcoin halvening in 8 days is going to moon the price? maybe go buy some bitcoins and join us moonbois that are actually making $$ omegaLUL

>> No.18838121

>>18838115
Uhh no, i've been on /biz/ longer than you sweetie, the halving will actually dump the price initially, but sure, go buy bitcoin now dumbass. I wll be laughing hard when btc crashes coming month

>> No.18838134

>>18838121
yikes imagine taking they bait and then calling urself retarded and then taking the bait agane and then call someone else a newfag and then taking the bait again

CRINGE

>> No.18838138

>>18838134
you have mental issues go see a mental hospital..

>> No.18838147

>>18838138
you are mental issues! seriously MOOOODS delete this guy, he's causes serious disruption and disrespect on this subchan

>> No.18838155

>>18838091
You're trying too hard to fit in, faggot. Perhaps reddit would actually be your true calling?

>> No.18838161

>>18838155
LOL
imagne being this newfag

>> No.18838166

>>18838161
haha we trolled that fucker, hahahaha gj mate high five we actually did it reddit!

>> No.18838189
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18838189

well this thread has turned to cancer quickly

>> No.18838193
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18838193

>>18838166
Okay this is just pure cringe. Like seriously
I just was joking before but now you've taken it too far. Kinda weird bro...

>> No.18838198

>>18838193
Yeah ok I did go too far, thanks for shitposting with me

>> No.18838205
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18838205

>>18837801

>> No.18838210

>>18838198
I'm uninstalling 4channel right now and calling the police

>> No.18838212

>>18838044
do you have the modern stats to make a comparison?

>> No.18838238

>>18837789
20x more expenso means $ lost 95% of its purchasing power.

That 95% were subtracted through money printing from whoever held usd.

Some of if went to you and me in terms of services and infrastructure, some went lost in corruption and bureaucracy.

>> No.18838318
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18838318

>>18837789
Women in the workplace

Multiply everything by 10 and ratios stay about the same. Average salary is now $25K instead of $50K (inflation adj), but with 2 people working that becomes $50K again. So really what just happened is the labor pool increased by 2 because women entered the workforce

>> No.18838790

This thread is absolutely godforsaken. The cause is overdetermined but ultimately something something WW1 WW2 death of god postmodern boomerville economicbullshitery low hanging scientific fruit female workforce globalism financialisation "freemarket" peak democracy unkeepable promises century of self blah blah blah.
>How to fix it?
Gold standard

>> No.18838918

>>18838318

In the US, average income is $127k/year now.

>> No.18839584

You poor idiots are all blaming women, jews or niggers.

Fact is, back then unions were a thing. They were strong and since WW II had culled a percentage of the male working-age population, workers had leverage and unions used that to bump wages.

Today, soiboys (right-leaning that is) find unions abhorrent, and think strikes are unamerican.

KEEP VOTING AGAINST YOUR INTERESTS, YOU STUPID FUCKS.

>> No.18839657

>cars
>1957
Lmao nice revisionism

>> No.18839715

>>18839584

Workers today have been cucked into a submissive mindset where they worship rich business heirs as "job creators" like peasants to nobility. They thank their bosses for the opportunity to work two thirds of their waking life away and have 90% of the value they created siphoned by the upper 1% elite. The believe the government should dilute their wealth through inflation to perpetually funnel money into "public" companies in case a few drops may eventually trickle down on them. Workers have been trained to be so fearful of loosing their jobs they allow they embrace a corrupt government and crony capitalism out of fear that trying to achieve a better system would crash the stock market, putting their retirement or jobs at risk. Even though the top 1% own 40% of all stocks, the working / middle class support propping up the stock market at almost any cost because there is no other way to preserve their savings in a low interest rate environment.