/biz/ - Business & Finance

[Anonymous No.10649620]

>Be Boomer
>save absolutely nothing for retirement
>social security, Medicaid, pensions etc etc all waiting for you when you retire

>be us
>have to start saving the day you’re born

[Anonymous No.10649631]

>>10649620
whatcu gonna do bout it bucko

[Anonymous No.10649656]

>>10649631
OP here, gonna just bitch and moan. The world is against me, everything is beyond my control. Feel bad for me pls

[Anonymous No.10649676]

>saving

[Anonymous No.10649687]

>that zoomer who spends all his money on fortnite cuckbucks and vegan taco bell

[Anonymous No.10649743]

>>10649620
>yfw you realize almost all of your taxes are going to old boomer on life support shitting in their pants because "right to life"

[Anonymous No.10649756]

>>10649620

I have a slightly older than boomer relative who paid for an engineering degree and living expenses while working a close to minimum wage job, graduated with zero student debt (college degrees were cheap back then), got married at age 25 to a thin virginal wife, and bought a house in his early 20’s in an urban area on his engineering starting salary which he could easily afford that has now appreciated to about $1m.

Nowadays a typical engineer will graduate with tens of thousands in student debt, live in an area where house prices start at prices at least 2-3x higher than he can afford, and only have obese former cock carousel riders to marry when he wants to settle down.

The world is fucked up anon.

[Anonymous No.10649766]

When will boomers get the rope? If we wait too long, they'll be long dead by the time we hold them accountable.

[Anonymous No.10649770]

dont worry anon the increasing productivity of our generation will not only pay for our social security but also for all the immigrants and 150 yo boomers in the future.

it could be worse. rich boomers could just harvest your organs, blood and dick to keep themselves young with future technology.

[Anonymous No.10649777]

>>10649743
seriously we need to euthanize all old people and fat people its the only way to make the social security and medicaid ponzis solvent again. why wont any politicians acknowledge this?

[Anonymous No.10649813]

>>10649620
>>social security, Medicaid, pensions etc etc all waiting for you when you retire
You think the money that pays for those come out of thin air? They paid into the system and deserve their share. Dumb zoomers.

[Anonymous No.10649832]

>>10649620
pensions are becoming obsolete anon.

they don't have as easy as you think. traditionalists such as buffet had it easy

[Anonymous No.10649844]

>>10649620
All you need to do is get like 20 ounces of gold and 1,000 ounces of silver and you'll never have to worry about retirement when the dollar implodes

[Anonymous No.10649853]

>>10649832
Yes it will be a great day in America when pensions implode and the people who were receiving them start starving

[Anonymous No.10649868]

>>10649687
Boomer is bfa wow?

[Anonymous No.10649884]

>>10649656
the world is against you though

[Anonymous No.10649886]

>>10649777
Jesus fucking Christ you are literally retarded.

There is no social security pool because the fucking govt stole it and spent it all. So now you work and your social security goes directly into an old persons account. It isn't the old persons fault the govt spent what they contributed.

You fuck yards are so stupid. SS is the biggest scam...... it's exactly the same thing as me saying hey dude...... give me 5% of your paycheck...... and I'll give it all back to you when your 65. You wouldn't trust me right??? So why would you trust them.... and blame d people when they already spent it all.

Why can't people invest their own money for retirement instead of giving it to govt to hold onto it for them? BECAUSE ITS A SCAM THATS WHY

[Anonymous No.10649908]

Moral of the story? ANYTHING govt related is a scam. Currency..... SS...... Medicaid......schools...... medicine....... all a scam

[Anonymous No.10649909]

I'm gonna rise in power and at the top I'll think to myself "should I do good or evil?" I'll flip a coin and choose evil anyway.

[Anonymous No.10649910]

>>10649813
fuck off, boomers parents had mass amounts of children, so those children paid into the system but the old fuckers collecting it (their parents generation) were like 1/5th the population size, so there's plenty left for the boomers themselves

now our generations population hasn't increased by 5x again (hence why there's mass immigration to prop up the system) meaning when our time comes to collect, the boomers will have sucked most of it up already, and there won't be a new group behind us to fund our gibs.

[Anonymous No.10649914]

>>10649886
Boomers had no fucking choice you fucking idiot, they were born after WW2. If they actually invested on their own instead of letting it rot in Social Security earning 2% interest on Treasury bonds, they would have WAY MORE money.

[Anonymous No.10649954]

>>10649886

I don’t see why they can’t just open an investment account for each person, make it track the s&p500 or something, make it similar to an IRA or 401k but compulsory, and put their SS contributions in that. Then give them monthly checks 40+ years later drawn from that account. Make it illegal for the govt to withdraw funds from these accounts since they would belong to individual persons.

[Anonymous No.10649963]

>>10649914
Yeah I know fuckhead they had no choice.... hence it's a scam! And the govt spent all the funds! So it isn't the boomers fault that what they contributed got stolen and spent!

[Anonymous No.10649980]

>>10649886
>There is no social security pool

PROTIP: There never was a social security pool. It's just a tax, like any other tax. They break it up so you eat it up better, but there was never a bank account with your name on it holding your SS contributions, it just went into the federal tax pot, the same one the govt uses to pay for everything.

This is why Social Security can never run out. It's just stupid shit politicians use to get boomers to go vote. It's like saying Welfare is going to run out. It's not a fucking line item on your check, and never was, because it never had to be, same with social security.

[Anonymous No.10650010]

>and then we told millennials, "Don't worry, social security, medicaid, and pensions will still be around for you when you are old so start working for ours"

[Anonymous No.10650023]

>>10649954
You don't see why because you actually trust the govt!

The entire point of America is to DISTRUST govt. so when they force you to put your money in SS.... that means it's a scam!

This is just based logic.

Make it illegal for the govt to steal it? It's the govt making the laws you moron!

The SOLUTION is no SS no 401ks which are Scams too..... and you get govt completely out of the economy!

You guys are like the morons who blame the big banks for taking taxpayer funds to be bailed out. You blame the banks but you don't blame the fucking worthless govt who gave them your money.

That's why income taxes were not a real thing for the first 160 years of this country because then it was impossible to have this kind of corruption.

If the govt gives you 50k of my money.... why the fuck would I be pissed at you for accepting it? I'd be pissed at the govt for giving it to you!

So why you mad at the banks for accepting your money when it was the worthless govt that gave it to them?

[Anonymous No.10650034]

>>10649980

how do they fund boomer SS payments if there’s no pot of money sitting around? There’s a larger population of boomers with fewer younger people paying in to the system. It doesn’t balance out when you compare the total SS contributions today vs total SS withdrawals. There’s an existing pot of money that’s being drawn from and shrinking by the month. Eventually they’re going to have to raise taxes or cut benefits to keep it going but by that time boomers will be dead

[Anonymous No.10650038]

>>10649980
It'll never run out in theory because the fed keeps printing money. Problem is that 2k in social security benefits won't buy you shit when things like bread are 30$ and gasoline is 10$.

[Anonymous No.10650044]

>>10650034
There is no fucking pot of money. If they need more money they will raise taxes.

[Anonymous No.10650064]

>>10650034
But it's not supposed to be about paying into the system and having your check go directly to paying an old person.

If you are 80 years old and you've been contributing for 60 years. Why does a young person have to pay you directly? Shouldn't you be getting back what you already contributed?

Also.... part of the problem is we went off the gold standard, and prices of things have rocketed up because the Jews are stealing our savings through inflation.

So an 80 year old who contributed say 50$ a month in 1960..... that 50$ he contributed back then actually went far.... the 50$ today that he contributed back then doesn't buy shit today

[Anonymous No.10650065]

>>10650023

Most people are retards with their money and don’t save for the future. It’s very hard to get average normies to put away money they aren’t going to be able to use for 40+ years especially when they’re young. So the govt forces people to save for their own good and so we don’t have hordes of old geezers wandering around with no place to live.

[Anonymous No.10650077]

>>10649756
>
Nowadays a typical engineer will graduate with tens of thousands in student debt, live in an area where house prices start at prices at least 2-3x higher than he can afford, and only have obese former cock carousel riders to marry when he wants to settle down.

Top women, the rest of your points stand. Housing is 12x yearly salary in Torontistan, so thats fucked.

[Anonymous No.10650082]

So the problem with social security is that we aren't on a gold standard and prices are rising.

Even If the govt didn't steal and spend any of the social security funds you'd still have a huge problem because and 80 year old who contributed maybe 200$ in 1950.... getting that 200$ back today doesn't by anything compared to what it bought when he contributed it in 1950

EVERYTHING wrong in the economy has to do with going off the gold standard.

[Anonymous No.10650101]

>>10650065
I understand that. But the govt doesn't give a fuck about them. They just pretend to care...social security is GONE. So that's actually worse than letting some moron plan for his own retirement with the SS he contributed over his life.

The govt stole it all. So if SS didn't exist....... and some boomer spent the 5% he contributed to SS his entire life to buying hookers and not saving at all.... he'd be in just as bad a shape today since the govt spent all his SS anyway

[Anonymous No.10650105]

>>10650064
>>10650082
THERE IS NO "SYSTEM". It's a TAX. And social security is indexed by inflation you fucking retard, which as actually outperformed gold during the past 100 years.

[Anonymous No.10650126]

>>10650101
The government never "spent" social security funds outside of paying them out. The reason it is depleting is due to people living longer and having the baby boom. Why does anyone who mention gold always end up being retarded?

[Anonymous No.10650140]

>>10650105
Yeah fine it's a tax....but there's supposed to be a pool right???? There was a pool! And it's GONE now, right?

80 year olds have been contributing there entire life right? So why have they been contributing their entire life...... but are now instead getting money from my paycheck each month to fund their benefits?

Shouldn't they be getting back he money they put in??? And since they aren't getting back the money they put in.... then what's the fucking point of SS to begin with???

[Anonymous No.10650150]

>>10650126
This is fucking bullshit. They've borrowed against SS for fucking decades now... the money is fucking gone. When you pay SS in your paycheck it's a direct payment to some 80 year old.

[Anonymous No.10650168]

>>10649631
Kek

[Anonymous No.10650171]

>>10650140
>then what's the fucking point of SS to begin with
Wealth redistribution. The same as any other tax. You pay income taxes right? Why aren't you getting any of that back?

>>10650150
The money is not fucking gone. The bonds are being repaid right on schedule. Does the government also "steal" from investors when they buy government bonds?

[Anonymous No.10650174]

>>10650044
There WAS a fucking pot of money. There ISNT anymore. So yes you are right... there is no pot of money.... because the corrupt govt nigger faggots stole it all and spent it all.

[Anonymous No.10650194]

>>10650174
Again with this stealing bullshit. I loaned a friend $20 the other day. He paid me back the next time I saw him. Did he steal from me?

[Anonymous No.10650203]

>>10650171
Dude reagan started stealing SS money to fund his budget deficits.

You need to read the constitution. The entire point of America is that the govt isn't supposed to be involved in any of this.

Also... govt taking us off a gold standard is a way for them to steal your savings through inflation.

60 years ago 8$/hour was fantastic income. Today 8$/hour puts you in poverty..... what's changed???

[Anonymous No.10650212]

>>10650171
Yeah and the bond market is going to implode.

[Anonymous No.10650243]

>>10650140
They'll call you a gold bug but going off the gold standard fucking wrecked us and will continue to do so.
I just want a line drawn somewhere by the government that says on "X date" these programs are being discontinued, but that will never happen. Too many people in their old age now depend on this, and while I might be a cold hearted libertarian most of the time we create a bigger problem if we pull the plug on SS out of the blue.
Don't you just love a debt economy based on nothing except the paper we print?

[Anonymous No.10650245]

>>10650203
>Dude reagan started stealing SS money to fund his budget deficits.
How is lending stealing you fucking retard? Does the government steal from private investors when it sells bonds?

>You need to read the constitution. The entire point of America is that the govt isn't supposed to be involved in any of this.
Where in the constitution does it say this? Nowhere.

>Also... govt taking us off a gold standard is a way for them to steal your savings through inflation.
You're not supposed to SAVE using CURRENCY. There is nothing stopping you from buying your precious gold with your own money. It would be a poor investment though, you would lose 90% of value compared to stocks over the past 50 years, and 50% value over bonds.

>60 years ago 8$/hour was fantastic income. Today 8$/hour puts you in poverty..... what's changed???
How is that equivalent? 60 years ago 8$/hour was around what a doctor would make. Now that's literally the minimum wage, for the lowest tier workers with the lowest set of skills. Of course a doctor would be able to buy nicer things.

[Anonymous No.10650254]

>>10650194
If you were alive in 1960 and you worked for a day and made 10$.....and you put that 10$ underneath your pillow until 2018. Does that 10$ buy you the same amount of shit today as it would have in 1960 when you earned it?

So yes. The govt and elite and Jews are STEALING your wealth through inflation

[Anonymous No.10650261]

>>10650064
>Shouldn't you be getting back what you already contributed?

So, when Social Security was passed, there were people immediately getting money. Where do you think that came from? It's not like it was being funded for 45 years before the first people started withdrawing. Current taxes, ALL TAXES, pay for current expenses, ALL EXPENSES. Your SS dollar might be used to pay for Raytheon missle.

[Anonymous No.10650275]

>>10649631ny
Take your boomer social security savings

[Anonymous No.10650282]

>>10650254
Why would I put $10 underneath my pillow? I would buy a share of Walmart and have $10,000 today.

[Anonymous No.10650298]

>>10650245
Yeah but WHY are prices going up???

You understand why 8$/hour was fantastic income 55 years ago......and now 8$/hour is awful income?

It's because PRICES are RISING. And prices are rising because we aren't on a gold standard anymore.

Why do you think people are throwing their money into crypto to "make it?" Because the dollar is dying! Because it isn't backed by gold anymore.

60 years ago you could "make it" as a bus driver when we were in a gold standard.

[Anonymous No.10650301]

>>10649886
It is literally a Ponzi scheme. Did you even read my post you illiterate faggot? what I said is true. The only way SS ponzi is still around when we are old is if we kill off all the 80 year old life support niggers. It would fix our healthcare problem too as long as we also kill all the obese pieces of shit with their diabetes and arteries filled with chocolate cake. Disgusting.

[Anonymous No.10650322]

>>10650298
>Yeah but WHY are prices going up???
>It's because PRICES are RISING. And prices are rising because we aren't on a gold standard anymore.
Why are rising prices a bad thing?

>Why do you think people are throwing their money into crypto to "make it?" Because the dollar is dying! Because it isn't backed by gold anymore.
When have people thrown their money at the "dollar"? Plenty of people have made it before crypto appeared, especially those boomers you according to you should be ruined because of the decreasing value of the dollar.

>60 years ago you could "make it" as a bus driver when we were in a gold standard.
And you could do the same today.

[Anonymous No.10650328]

>>10650282
The question is WHY can't I put my 10$ underneath a pillow and have it buy me the same amount of shit in 2018 as it did in 1965.

Nobody is saying don't fucking invest you moron. But you can also LOSE investing too.

So why can't I save 30% of my net worth in a bank or put that cash under my pillow and have it buy me the same amount of shit in 2018 as it did in 1965 when I earned it?

What the fuck is happening?????? Why the fuck are my dollars being devalued???

Why was 100k a year in 1980 a shit ton more income than making 100k today. Do you get the fucking point I'm getting at?

[Anonymous No.10650356]

>>10650322
Holy fucking shit. Why are prices rising a bad thing?

Are you black or just stupid?

You are literally saying prices rising isn't a bad thing?

So if you go to the store today and buy a Hershey's chocolate bar for 2$.... and then a year later in 2019 you buy that same chocolate bar but it's now $2.30...... you think that's a good thing?

Jesus Christ dude.... you've been absolutely brainwashed by govt controlled shitty public schools.

Why are prices rising a bad thing? Jesus fucking Christ

[Anonymous No.10650373]

>>10650322
ITT thread we have a moron who wants prices to rise

LOOOOOOoooL

Wtf is wrong with people's brains?

[Anonymous No.10650389]

>>10650328
>The question is WHY can't I put my 10$ underneath a pillow and have it buy me the same amount of shit in 2018 as it did in 1965.
Why should you be able to do that? Why can't I leave my apple on the table and have it taste just as good a year from now?

>Nobody is saying don't fucking invest you moron. But you can also LOSE investing too.
You can also LOSE by buying gold. It's just as volatile as stocks with lower returns.

>So why can't I save 30% of my net worth in a bank or put that cash under my pillow and have it buy me the same amount of shit in 2018 as it did in 1965 when I earned it?
Because laziness shouldn't be rewarded.

>Why was 100k a year in 1980 a shit ton more income than making 100k today.
Why does it matter? 100k in 1980 is what an executive of a large company would make. 100k today is a middle class income. Of course a CEO would be more important than a random employee.

>>10650356
>>10650373
You know everyone can see your ID right?

[Anonymous No.10650393]

>>10650301
You fix the healthcare problem by getting govt out of medicine. Before Medicaid and Medicare in the 1950's healthcare was cheap as fuck.

There's a reason there's no right to healthcare in the constitution, because our brilliant founders understood that if govt was controlling healthcare it would turn out as fucked up as it is now

[Anonymous No.10650426]

>>10650243
>going off the gold standard fucking wrecked us

You're free to go buy as much gold as you want instead of holding dollars then. It's retarded, but you're free to do it.

If you are fearful of inflation, there are good ways to work around it, but gold isn't it. I think gold is at something of a 50 year inflation adjusted low in price, so it hasn't been that great.

[Anonymous No.10650448]

>>10650298
>It's because PRICES are RISING

So if prices are rising, wouldn't that include the price of labor?

[Anonymous No.10650464]

>>10649756
I'm an engineer and I can't even get a job. RIP.

[Anonymous No.10650473]

>>10650389
Wtf you mean why shouldn't I be able to do that? Why did the 10$ i earned in 1965 buy me a lot more shit back than than it does today.

What's happening stupid? What's changing?

Also... you can't lose owning gold. The dollar value of gold is irrelevant. Did gold all of a sudden become valuable when America was born and the dollar was created? No it didn't. So why the fuck would you be valuing gold in terms of paper dollars?

All the dollar value of gold means is how unstable, volatile, and lack of store of value the dollar is. A gold ounce 800 years ago is still that same ounce of gold today. Doesn't matter if the dollar exists or not.

Here's an example proving my point brainlet

100 years ago 20$ was a good weekly salary. And 20$ = 1oz of gold.

Today that same 20$ doesn't even buy you lunch for two at a bar. But that gold ounce is $1,300 which STILL is a good weekly salary just like it was 100 years ago.

See dummy? Gold is real money while the dollar you had your savings stolen by the Jews who control
The money supply

[Anonymous No.10650511]

>>10650448
Everything is rising. Because of inflation and destruction of wealth.

How are you guys so brainwashed and can't think?

If you made 100k in 1980 that 100k bought you a shit ton more stuff in 1980 than 100k buys today.

Ever notice WHY income inequality is literally a top 3 issue today? Yet when we were in a gold standard nobody even said that term?

BecAuse on a gold standard prices are LOW.

The problem with the economy is skyrocketing prices and skyrocketing cost of living! Why are prices skyrocketing?

Because we have an unconstitutional federal reserve printing money out of thin air.... and the people benefitting from it are the elite who touch that money first.... then when it circulates into the economy there's too much money chasing too few goods and prices rise and then everyone's savings are devalued

[Anonymous No.10650600]

>>10650473
>Wtf you mean why shouldn't I be able to do that? Why did the 10$ i earned in 1965 buy me a lot more shit back than than it does today.
Why should you be rewarded for laziness? Why can't I leave an apple on the table today and have it taste just as good 1 year later? You never answered this.

>Also... you can't lose owning gold. The dollar value of gold is irrelevant. Did gold all of a sudden become valuable when America was born and the dollar was created?
Is gold going to stay valuable forever? Remember, back in the day, taxes were paid not with gold, but with wheat. What if China decided all of a sudden to start a bunch of gold and flood the market? What if someone developed a vastly more efficient method of obtaining gold? What do you think is going to happen to the value of gold? What's stopping everyone from suddenly deciding gold is worthless, just like what happened with wheat, and moving on to platinum? You're basing your entire economic system on the value of 1 product that you have no control over.

>So why the fuck would you be valuing gold in terms of paper dollars?
Because everything is valued in dollars. When you go to McDonalds, do you pay with grams of gold, or do you pay with dollars? Does the price of a Big Mac drop by 50% over a year?

>A gold ounce 800 years ago is still that same ounce of gold today.
And a dollar today is the same as a dollar 100 years ago. It will just buy you less. Just like a gold ounce today would buy you significantly less real goods compared to a gold ounce 800 years ago.

>Today that same 20$ doesn't even buy you lunch for two at a bar. But that gold ounce is $1,300 which STILL is a good weekly salary just like it was 100 years ago.
Nothing's stopping you from buying your precious gold if you believe it is so valuable. Your laziness is not an excuse for stunting economic growth.

[Anonymous No.10650611]

>>10650473
>Also... you can't lose owning gold.

If you bought gold at any time, on average, during the last 50 years, you have lost value though...

Literally any other broad asset class has outperformed gold, including just holding literal cash in savings account for the last 40 to 50 years.

>>10650511
>Everything is rising

If everything is rising, wages would be as well, and this wouldn't be an issue. There's a reason it's an issue, and it has nothing to do with gold.

>Ever notice WHY income inequality is literally a top 3 issue today? Yet when we were in a gold standard nobody even said that term?

Might have something to do with the fact that during the periods of time during which America had a gold standard most people

A) Were literally slaves that were beat to death in fields
B) Died of cholera at the age of 4
C) Got smashed or crippled at the age of 7 in factory machinery
D) Fighting in World or Civil Wars

There were much larger and broader socioeconomic issues that drew attention away from stuff like the ratio of CEO to median worker compensation.

[Anonymous No.10650742]

>>10650328
it's devaluing so you are FORCED to keep working so the 1% keeps gaining in wealth. income inequality has increased massively(CEO wages are increasing 100x+ while wage slaves salaries have stagnated) and the kicker is that once automation and AI fully takes over all these wage slaves will be dumped into the trash cans like the disposable normies they are kek

[Anonymous No.10650776]

>>10650611
>>10650611
Wages aren't rising as fast..... hence why income inequality is an actual issue that an actual president candidate almost won because.

Ask yourself this....

Prices are rising..... and you think that wages are rising too. They are... but they aren't keeping up with inflation.

Why do they have to rise at all? What's going on?

Prices didn't rise at all in the 19th century and early 20th century.

So what con is being played on us?

I mean people come to this board blaming the Jews for fucking up the economy and thy are right!

But what they don't realize is they are able to fuck it all up because we don't have a gold standard

90% of this board is unironically throwing their money into crypto because the dollar is dying unironically because gold doesn't back the currency anymore and they are printing money out of thin air

Go read Thomas jeffersons inflation quote. Type that in on google

[Anonymous No.10650799]

>>10649631
based

[Anonymous No.10650830]

>>10650742
Exactly.... the unwashed masses think that LOLcorporations are hoarding money and that's why they are poor and the rich are rich.

Nope!

The %1 is getting richer at our expense because they are printing money out of thin air to use themselves which devalues our savings.

The poor are hurt the most but even someone making 200k per year is poorer. Someone making 100k a year is poorer.

[Anonymous No.10650841]

>>10649954
That's social security privatization. In addition to not having robust IRA/401k/index fund infrastructure back when it was founded, FDR was also a socialist dictator. Any choice in the program would've been anathema.

See https://en.wikipedia.org/wiki/Social_Security_debate_in_the_United_States#George_W._Bush's_privatization_proposal

[Anonymous No.10650843]

>>10649620
>be boomer
>wwagecuck for 40 years, saving as much as you can for retirement
>still barely eek out a living from government programs which will inevitably fail sooner or later

>be us
>work for 1 year, put everything we can in Chainlink
>be set for life with the greatest passive income source of all time that we bought for pennies on the dollar

we're gonna be OK OP. Crypto is our bailout and we're on the board that has the mandate of heaven

[Anonymous No.10650920]

>>10649620
>Be Boomer
>Act like you know how the world works
>Got everything planned out

>Be us
>Posting on 4chan because it's better to be a neet than make the rich richer

[Anonymous No.10650922]

>>10650841

Stop calling anything you don’t like a dictatorship

[Anonymous No.10650925]

>>10650776
>Prices didn't rise at all in the 19th century

Are you actually claiming that no prices changed, at all, ever, anywhere, for 150 years?

The average price of wheat literally doubled from 1850 to 1855...

[Anonymous No.10650961]

>>10650925
Gold was 20$ in 1800

Gold was 20$ in 1900

Gold today $1,300

We were a young growing country back then. So a spike in wheat prices going up that much probably had to do with actual supply and demand factors.

Whereas wheat is much more today than it was 60 years ago and steadily goes up because of rampant inflation

[Anonymous No.10650962]

>>10650922
You need to read more about FDR.

[Anonymous No.10650974]

>>10650925
And what were wheat prices in 1855 after that price spike? I bet a shit ton less still than they are today, right?

Thus proving my point. Rampant inflation caused by the Jews stealing our wealth

[Anonymous No.10651151]

>>10650843
This guy gets it

[Anonymous No.10651161]

>>10649631
Wash my benis

[Anonymous No.10651554]

>>10650961
>Gold was 20$ in 1800
>Gold was 20$ in 1900

I don't get the point, that's definitional, like the Yuan peg. The govt says $20 gets 1 ounce of gold, hence gold is $20/oz. It's circular reasoning.

[Anonymous No.10651690]

>>10650962

>legally elected four term president in a federal republic governed by a constitution
>got smacked down by the Supreme Court

>dictator

[Anonymous No.10651781]

>>10651554
Ok look... seriously just assimilate this...

100 years ago... 20$ = a good weekly salary. 20$ also equaled 1 ounce of gold. So a gold ounce was also equal to a good weekly salary because gold was backing the dollar. They were CONVERTIBLE.

Fast forward 100 years to 2018...

What does that 20$ buy you today? It used to be a good weekly salary but today it barely buys you a cheeseburger and a beer.

But that gold ounce.... held for 100 years...is equal to $1.300.... and $1.300 is STILL a good weekly salary.

So...... gold held its value as money and stored your value perfectly for 100 years when you worked for a week 100 years ago.

But that dollar which is not backed by gold anymore.... doesn't even buy you lunch at a bar.

SO WHAT HAS CHANGED? What happened to the 20$ that you earned in 1918? And why does it buy nothing you literally nothing today compared to 100 years ago?

[Anonymous No.10651809]

Capitalism is dying i think. We tried it on a global scale and that clearly didnt work. Now its digressing. Thats protectionism. Whats comming next? I couldn't tell you.

[Anonymous No.10651818]

>>10651554
And after reading the above you now understand why gold has been money for thousands of years and why our founders said only gold and silver shall be legal tender.

Because when you demonetize gold and silver you get what you have today... which is a fucked up econkmy where income inequality happens. And it's happening on purpose because the Jews control the money supply and steal your wealth through inflation.

And all the morons who are anti gold... which is most of America we're edcusred in public schools so they don't understand that gold is money which allows the elite to confiscate all our wealth through inflation without anyone noticing.

You have literal breathing humans saying "but I can't eat muh gold" or "gold is just a rock"

Literally no human going back 4,000 years ever said anything so fucking stupid

[Anonymous No.10651848]

>>10651818
not just rock
rock shiny

[Anonymous No.10651856]

>>10651809
Capitalism works you moron. But you need market set interest rates, gold backing the currency and no income taxes.

When the banks got bailed out THAT WAS SOCIALISM.

You can't have capitalism when you have a central bank printing debt instrument dollars.

You can't have capitalism when you have communist FDIC insurance.

In capitalism those banks would have been allowed to fail. Capitalism is private profits and private losses not private profits and socialized losses

'Moreover, in a capitalist system where there's no FDIC insurance where banks are alllwed to fail..... banks would have never made the bad loans they made because depositors would actually give a shit what kind of loans the bank is making before depositing their money there. So if banks were making bad loans they would get no depositors defeating the purpose of making money to begin with since they'd get no depositors.

All of you have this capitalism thing wrong.

Also in capitalism there's no LOL social security

[Anonymous No.10651859]

>>10650511

>inequality

[Anonymous No.10651872]

If we had capitalism it would have been impossible for the banks to be be bailed out.

And the banks would have never made risky loans otherwise they'd either not get any business or go out of business.

Under capitalism you have greed AND fear.

But when the govt is backing you up.... there's no fear to make bad loans and it distorts and fucks up everything

[Anonymous No.10651875]

>>10651856

I’m not going to reply to every aspect of your brainlet tier post but plenty of bank runs occurred before the FDIC for exactly the reason you described. Seriously, look it up.

[Anonymous No.10651899]

I heard on a youtube about bitcoin
sure the early adopters will make money but that will flatten out eventually
then to acquire wealth you will need to provide a service
this is similar to gold because you can't just make more gold you'll have to provide a service and the inflation percentage is well known (granted space mining doesn't happen)
so you have a limited hard asset that remains a store of value over time and this is what bitcoin is trying to achieve

[Anonymous No.10651910]

>>10651875
Yeah but the free market fixed that shit quick. Plus we were super young back then.

It's kind of like all the recessions we had in the 19th century..... there were a lot of them..... but guess what? They ALL only lasted about a year or less. Why? Because we had a free market that fixed things fast.

Go look up all the recessions from the 19th century... they all lasted about a year.

Today recessions last fucking a decade with the Jews pulling the levers at the Fed and controlling the economy.

[Anonymous No.10651918]

>>10651875
were the banks leveraged out too much because it seems like fractional reserve is reckless unless insured but the government isn't reputable enough anymore to insure the banks they're all colluding together

[Anonymous No.10651939]

>>10651875
Also everything I said is spot on.

When you go deposit money at a bank.... do you check to see what kind of loans the bank is making? Of course you don't.

Why don't you? Because the fucking FDIC is insuring you. So you don't care.... which in turn means the banks don't give a shit what they do with your money... because the fucking govt is bailing them out. And it distorts EVERYTHING.

If banks weren't getting bailed out by govt.... banks would be forced to make responsible loans..... otherwise they wouldn't get any fucking depositors.

So in a free market people actually give a shit what kind of loans the bank is making.... and then the entire system is honest and efficient

[Anonymous No.10651951]

>>10651875
Your anti mindset is anti American because you think the worthless corrupt Jew govt is supposed to back your bank account.

Govt isn't supposed to be involved in ANY of this shit..... hence why the entire economy is completely and utterly fucked up.

[Anonymous No.10651954]

>>10649743
Actually the bigger portion of American taxes go to the military and minority welfare

[Anonymous No.10651957]

>>10651939
or if the insurance was private no insurer would take a chance with the risks the banks are currently taking

[Anonymous No.10651975]

>>10651954
Yeah this is another huge problem. Wasting money on dunderheads in the military.

Just imagine all the investments innovations and inventions that will never come to be because capital is wasted on the fucking military, instead of staying in the hands of private citizens.

It's literally a human tragedy all the progress this nation could have made keeping that money in producers hands

[Anonymous No.10651986]

>>10649756
Back in the 70s companies recruited out of high schools, trained/paid for degrees more often.

Nowadays we have to practically crawl on our knees to work at Burger king

[Anonymous No.10651992]

>>10651957
Absolutely.

[Anonymous No.10652006]

>>10651910

Long depression lasted at least six years

https://en.m.wikipedia.org/wiki/Long_Depression

[Anonymous No.10652016]

>>10651957
It's actually kind of funny. I understand why they don't get it.....because they have been taught false economics...

But then you explain it to them, literally spoonfeeding them based logic like I did above...

And they can't assimilate it at all. They don't know how to think. And that's why I make a lot of these kinds of posts in other threads too....

It absolutely fascinates me how they can't follow something so simple that I'm spoonfeeding them.

[Anonymous No.10652032]

>>10651781
>$1.300.... and $1.300 is STILL a good weekly salary

I don't know if $20 was a good salary in 19 whatever, but what would you have said in 2000 when an ounce was in the 200s. $10,000 clearly wasn't a good salary in 2000.

And your argument seems to be that gold is a better store of value than literal cash in a box. So you're comparing the literal two worst asset classes in the world, correct? But had you even kept your cash in a savings account, you have come out ahead over the last 30 to 50 years. And had you stored value in any other broad asset class you would have done MUCH better.

Gold and Idle Cash are both shit at storing value, I'm not sure why you're making nitpicky arguments about which is worse???

[Anonymous No.10652038]

>>10652006
I know there was a depression and panic then.

Couple points.... that depression ONLY lasted 5-6 years. Whereas the post federal reserve depression lasted 20 years.

So even the depression lasted much shorter with a free market.

Also.... I think that panic and depression had a lot to do with it being so close after the civil war. Remember we were still a young and growing country

But I said to look up the 19th century recessions. There were a lot and they were rectified in about or year or less on avg in a free market system.

[Anonymous No.10652043]

>>10651818
>Because when you demonetize gold and silver you get what you have today... which is a fucked up econkmy where income inequality happens.

Are you still claiming there is more income inequality NOW than before in the 1800s when you could literally OWN PEOPLE and beat them death as you saw fit?

[Anonymous No.10652071]

>>10652016
the risky loans and subsequent bail out and QE was basically insurance fraud that everyone at the top did on purpose and it only hurt the worker bees at the bottom

[Anonymous No.10652084]

>>10652038

So it went from

>they ALL only lasted a year or less

to

>it only lasted 6 years

With some mystical 20 year depression thrown into the mix

[Anonymous No.10652094]

>>10651939
>Why don't you? Because the fucking FDIC is insuring you.

Do you really think the piddly shit amount FDIC covers actually forms the bulk of the lending base of a major bank? I know you must feel like Mr Money Bags with your $200k, but it's a rounding error compared to corporate accounts which form the lending base for a bank.

[Anonymous No.10652108]

can you imagine your insurance company being 21.3 trillion in debt

[Anonymous No.10652110]

>>10650600
>comparing apples to dollars
The absolute state of this board

[Anonymous No.10652112]

>>10652032
Bro.... you need to stop and think for a second. There is a DIFFERENCE between MONEY and INVESTMENTS.

When I buy Amazon stock I'm doing so for a completely different reason than when I buy an ounce of gold.

Amazon is to increase fiat..... and I'm buying gold because fiat is a scam and I want money and wealth for when the dollar finally implodes.

Stocks are NOT money. And I'm not saying don't fucking invest your money.

But gold is money.... and the dollar is money.... but that gold ounce that you earned after a week in 1918.... still buys you the same shit 100 years later.... but that 20$ which was also a good weekly salary and equaled an ounce of gold doesn't buy you shit today 100 years later.

You can go fucking invest all you want. That has nothing to do with the fact that if you stored you value in dollars you got raped over 100 years but if you stored you value in gold you did not get raped over 100 years

[Anonymous No.10652132]

>>10649756
Best part is that he probably thinks he's a fucking genius and gives incredibly useful advice like "buy real estate, it always goes up."

[Anonymous No.10652147]

>>10652043
lol dude..... Jesus Christ. They were slaves they had no opputunity to make any money. That has nothing to do with income ineqUality

But unbeknownst to you... you are actually a slave to the fed. Those are IOU'S. every dollar you earn you owe back to the Fed.

[Anonymous No.10652168]

>>10652112
>There is a DIFFERENCE between MONEY and INVESTMENTS.

Putting your cash in a savings account is some crazy level investment to you?

>That has nothing to do with the fact that if you stored you value in dollars you got raped over 100 years

Unless you, you know, did literally anything with it. Like put it in a savings account. Oh the horror!

Why do you refuse to at least gauge the price of gold against something as simple as the same cash in a saving account?

Again, what is your commentary on the price of gold around 2000? Was in the 200s an ounce, that seems pretty shitty.

[Anonymous No.10652171]

>>10652084
Wtf are you even saying?

Yeah there was a depression in the 1870's. And it for fixed relatively quickly.

Nobody is saying there aren't recessions and depressions under a free market. In fact recessions are a GOOD thing in a free market because it corrects what is actually going wrong currently in the free market. And brings it back to balance.

When you have a recession that's a good thing. The recession is the solution to the economy overheating.

[Anonymous No.10652195]

>>10652147
>That has nothing to do with income ineqUality

Okay, so your argument that income inequality is worse now is based on ignoring the wide swaths of society for whom income inequality was much worse previously? Yah, you might be get a little retarded from heavy metal poisoning.

[Anonymous No.10652213]

>>10652168
You can put it in a savings account when the dollar is convertible into gold.

When gold doesn't back the dollar then you are playing a dangerous game keeping most of all of your wealth in dollars or dollar denominated assets. Especially when we are 21 trillion in debt.

Also, today do you think keeping your money in a controlled bank savings account that you are beating inflation?


What you anti gold people don't understand is that when you buy gold.... you aren't actually buying it..... you are just transferring your wealth from debt instrument dollars to real money and real savings.

That's what you guys don't understand. Gold is REAL savings.

[Anonymous No.10652240]

>>10652195
Lol dude.... they fucking owned slaves back then. They weren't even allowed to make a living you dumbass.

If we went back to a gold standard.... and income inequality decreased, and things were really good in the economy....

And Then i went on Craigslist and found a whore and locked her in my basement to be my sex slave for the next 20 years.... of course she isn't going to benefit from the decreased income inequality in society because we returned to the gold standard..... because SHES MY FUCKING SLAVE THAT CANT LEAVE MY HOUSE

[Anonymous No.10652304]

>>10652213
>Also, today do you think keeping your money in a controlled bank savings account that you are beating inflation?

Tough to say, inflation isn't really a single generic country wide number, it's really personal in terms of the items you consume e but you can find savings accounts close to 1.8%

ON THE OTHER HAND, how are you doing with your gold? Year to date, gold is down 8.4%, do you feel your store of value is beating inflation?

in b4, something something 1000s years

Fun fact, you haven't been alive for a 1000 years, look at what gold has done during your actual life time. It's been a losing proposition to own for the vast majority of people alive today.

[Anonymous No.10652326]

>>10652171

You literally said

>>10651910

>they ALL only lasted a year or less

I showed you an economic downturn that lasted at least six years, and you said “at least it only lasted six years”

So did they ALL last a year or less or were you wrong, and longer depressions and recessions occurred under a “”””free market”””””?

[Anonymous No.10652347]

>>10652304
Because you are valuing gold the wrong way dude.

Did gold all of a sudden become valuable when America was born and the dollar was created? No. Gold has been money for thousands of years. So why would you be valuing gold in terms of dollars?

You value gold using ratios compared to other REAL ASSETS of which it is super undervalued because the cost of everything is inflated by fiat.

So when fiat collapses.... and your 150k home is now worth 25k. And gold gets revalued to 20k per ounce.... then that's the real transfer of wealth and why you bought gold in the first place.


Here is a great example to sum up what I'm saying....

If the dollar completely disappeared from the planet tomorrow.... or didn't buy you anything tomorrow........

My wealth in gold is completely unaffected by the dollar dissapearing.

Get it now?

[Anonymous No.10652365]

>>10652326
Jesus Christ dude. I understand there was a a fucking depression.

But there were a lot of recessions in the 19th century and because we had a gold standard and free market... those recessions that happened were all mostly corrected in a year or less!

Look it up!

[Anonymous No.10652370]

>>10652347
Wheat was valuable long before gold was.

[Anonymous No.10652389]

>>10652370
Ok and?

You eat wheat..... wheat isn't money.

Gold is money to buy shit.... you don't eat it.

They both have different uses. One is money and the other is food?

What's your point?

[Anonymous No.10652399]

>>10652389
Nope. Back in the day wheat was money. It was used to trade for goods. You paid your taxes to the king in wheat. Salt was also that way.

[Anonymous No.10652421]

>>10652399
Yeah but the king had all the gold!

Lots of shit has been money. But gold is the best money ever.

Your problem is you don't understand the primary function of money....

The primary function of money is to MEASURE VALUE of goods exchanged for it. Money is a barometer to measure value.

Which is why gold is money and dollars are awful as money.... because dollars lose value and gold doesn't.

[Anonymous No.10652433]

>>10652399
You can read the Bible and see a passage saying that 1 ounce of gold bought you 350 loaves of bread 2500 YEARS ago.....

Today if you sell a gold coin you get $1,300 for it.... and if you take that $1,300 to a grocery store you can STILL buy roughly 350 loaves of bread with that $1,300.

So gold for 2500 years measured value almost perfectly

[Anonymous No.10652470]

>>10652421
No, this was before gold was a thing. Gold is a fairly recent invention, it only became considered valuable around 3000 B.C. Wheat has been around since agriculture, 10000 B.C, over twice the lifespan of gold. If you wanted to buy a cow, you paid in wheat. If you wanted to buy some tools, you paid in wheat. If you wanted to hire a worker, you gave him wheat. Just like gold.

Gold will not last. People will develop cheaper mining methods, and all the gold you accumulated now become worthless. Its value is not backed by anything but public perception.

[Anonymous No.10652499]

>>10652347

You asked me if I'm beating inflation, I answered you as best as I could. Do you feel that I would have done better buying an asset that declined 8.4% year to date instead?

>So when fiat collapses.... and your 150k home is now worth 25k. And gold gets revalued to 20k per ounce

Um, that's, just wrong in every sense you're trying to use those words. You're describing a geopolitical crisis, not a financial crisis.

A fiat collapse would usually result in massive hyperinflation, not deflation. So my 150k house would now be 150 Million dollars instead. To be worth $25k, the dollar would have to be worth A LOT more, or Housing as an asset would need to collapse. Neither of which is a fiat confidence collapse.

What you gold bugs are preparing for is a geopolitical crisis, such as if Russia invaded the US. That craziness would collapse US housing prices, maybe?, but definitely skyrocket gold prices. Geopolitical crisis is the only scenario that gold generally gains value against other asset classes, not a financial crisis.

[Anonymous No.10652547]

>>10652433

Okay, again, cherry picked data...

What about when gold was in the $200s a few years ago?

[Anonymous No.10652729]

>>10649886
shut up goyim

how do you think that 100 billion $ increase in military funding is going to fund itself? that's right, your tax dollars.

keep paying more to defend Israel, it's what you were born to do

[Anonymous No.10652816]

The good news are that anti-ageing research will make us live longer but that medicine will only be available for people below their 30's today. Feels good that boomers will need to deal with death but not us

[Anonymous No.10652820]

>>10649844
Only people robbing you at gunpoint as they rape your family and burn your property before the ride back to their new tribal village

[Anonymous No.10652899]

>>10652547
Gold was like 300$ in 1999....

Which at the time was still a decent enough weekly income.

Don't get me wrong.... there have been short term variations in the prices of gold because it is manipulated with comex naked short selling.... but over long enough time periods gold will retain its store of value perfectly.

[Anonymous No.10652909]

Do what I did and move to a 3rd world shithole. US is becoming 3rd world anyway, but with none of the benefits like having cheap housing or food. So why even bother living there? Just go teach English in Vietnam or something.

[Anonymous No.10652918]

What is the best country to buy gold?

I have about 20,000$ (CAD) I'd like to invest in gold. Ultimately, I don't want to pay tax on it and want to get the smallest premium rate possible. Any anons got some advice? Also, I'm not looking for jewelry. Just coins (don't think 20$ could buy me any larger).

After a couple of google searches, it seems like Hong Kong, Singapore, Dubai and Thailand are the best places.

[Anonymous No.10652924]

>>10652820
Unironically ........ you just made a much better argument for owning gold than I have made in this entire thread.

Why would they want your gold? Oh yeah.... because it's fucking money and valuable.

So let's take the two options.... be dead broke and starve to death or keep it hidden from thieves who want it....

Except they won't even know you have it....and even if they did..... wtf you think the 2nd amendment is for?

You think serious gold owners don't own firearms also?

[Anonymous No.10652931]

>>10652918
Never mind I'll make a separate post for this.

[Anonymous No.10652935]

>>10652918
Just go to America you retarded mountie.

You can buy up to $5,000 per 24 hours of gold without triggering any paperwork.

[Anonymous No.10652944]

>>10652499
What you aren't understanding is gold is REAL SAVINGS.

I don't give a shit what the dollar value of gold is....

In fact...... I HOPE gold goes back down to 300$/oz...... because that would mean our govt isn't out of control anymore.

Also.... if gold did go back down to 300$/oz naturally......you wouldn't even lose in real terms because a gold price of 300$ means your subway footlong sandwich is not 9$ anymore but about 3-4$...

[Anonymous No.10652951]

>>10652935
Elaborate? No paper work sounds good but don't want to do something bad so close to home.

[Anonymous No.10652969]

>>10652935
I made a new thread willing to listen to any useful info you might

>>10652952

[Anonymous No.10652988]

>>10650464
Haha same.

[Anonymous No.10652993]

>>10652951
The US statutes for gold were written specifically to trace broker-dealer transactions, and keep the paper gold markets honest. They were passed back when financial privacy was still a semblance of a thing.

[Anonymous No.10653026]

>>10649954
Some states do this with their pensions, the state comptroller oversees investing the money

[Anonymous No.10653027]

>>10652816
Probably true but Link investors will hve enough money to buy our way in

[Anonymous No.10653051]

>>10652944

I was commenting that your scenario makes no sense where my home value goes down 84% in dollar terms, while gold goes up 20,800%. Not just that kind of price movement is delusional, but that a fiat confidence collapse wouldn't make housing prices go down while making gold prices go up. This is like Econ 101 stuff, sigh....

Plus, I don't see a reason for your belief in gold/dollar coupling. Gold is down 30% in dollar terms in 6 years. Are you claiming stuff is also 30% cheaper in dollar terms or that it should be?

[Anonymous No.10653063]

>>10652171
Yes but now the Fed induces recessions by raising rates when it sees the economy is overheating, and overheating is code for inflation, and inflation is code for wage growth. In other words, let the game play until the wagies start to benefit, then shut it down.

[Anonymous No.10653091]

>>10649676
basically the reason why (((they))) want inflationary currency is to stop people saving, and to keep pepple slaving

[Anonymous No.10653115]

>>10652924
You unironically missed that I was just saying we will have bigger shit to worry about than retirement if our entire nation collapses.

[Anonymous No.10653192]

Halfway through this thread I realized “oh, it’s that gold bug anon again”

[Anonymous No.10653228]

>>10653115
Yeah I agree........ which is even a bigger more important reason to hold gold

[Anonymous No.10653242]

>>10653063
We need higher interest rates. The crash is the solution. It needs to burn to the ground.

If I'm hooked on heroin......... I need rehab and pain to get better long term. If you give me more and more heroin I'll end up dying. Like our economy is going to die from all the QE

[Anonymous No.10653248]

>>10649620
>>10649631
Just do elder abuse like every other cool kid these days. Take their SS check from their hands consider it your reparations for living in a globalist scab world

[Anonymous No.10653249]

Btw my cousin died of heroin 2 days ago. So the analogy is true!

[Anonymous No.10653253]

>>10653192
Appreciate the shout out. I love making a dent on the community

[Anonymous No.10653275]

>>10653051
The world is swimming in debt.

The debt needs to be purged from the system. Only way to do that is to revalue gold much higher overnight.

It's coming.

And when it hits and we have a deflationary collapse,,,, you are going to suicide yourself because you knew to buy some because I told you too.

Which is different than not knowing shit and then being swallowed alive

[Anonymous No.10653318]

>>10652043
Niggers aren't people.

[Anonymous No.10653542]

>>10653318
I'm at a bar right now with a hot wife milf with an ugly nigger. And two rednecks next to them are talking to the nigger like he's a god

[Anonymous No.10653628]

>>10653542
>in a bar
>surprised people in there are trash

[Anonymous No.10653691]

>>10653542
I was doing a delivery for work before and saw this really incel looking white guy putting his arm around this hot Asian girl. I was appaled at this race traitor and was gonna take a picture of them when I was standing behind them in the elevator, but I left my phone in my car. Was so pissed. You should've seen the two of them. It was fucked up. She barely spoke English and this fucker was taking advantage of her. Kek.

[Anonymous No.10653752]

>>10652108
Debt doesn’t matter when you have a fuckhuge military.

[Anonymous No.10653794]

>>10651954
No. Top 2 expenditures of all local/state/federal spending are pensions and healthcare. Pensions meaning government/teachers pensions etc. and Social Security. healthcare meaning S-chip/Medicaid/Medicare.

Third most expensive is education. That only includes k through 12. Yeah, not even college.

Only then do you get to military spending which includes veterans affairs, veterans pensions, military salaries, foreign defense aid, foreign economic aid, nuclear security, civilian r&d grants, and finally procurement and maintenance.

Everyone tends to complain about the military industrial complex when it represents a yearly cost of a fraction of a fraction of what we spend on sub standard primary education. If you want to get mad at someone, direct your frustrations first at SS and Medical leaches and then fucking teachers unions. Then feel free to bitch about muh military.

[Anonymous No.10654122]

>>10653794
>I dropped out of school at 16 and joined the army and ain't none but better fors it

[Anonymous No.10654153]

>>10653691
Someone sounds jealous

[Anonymous No.10654265]

>>10649676

There are generally safe inflation beating assets faggot.

[Anonymous No.10654287]

>>10650010
I've never once been told this by a boomer. They're always very up front about how I'm paying for their retirement and that I won't get shit, and they think it's hilarious.

[Anonymous No.10654288]

>>10649620

Boomers paid into those funds out their wages all these years, the problem is the government was allowed to spend it and now there isnt anything there to cover the obligations. In Australia we have a similar system but ther government cant touch it and now there is multi trillions of dollars there for people to retire on

[Anonymous No.10654325]

>>10654288

[Anonymous No.10654476]

>>10654153
Not really. I'm actually gay and get tons of bussy. Who here Bussy Gang?

[Anonymous No.10654742]

Pension and a 401k come at me bro

[Anonymous No.10654979]

>>10654122
25 and going for my PhD in nanobiomedicine in the Fall. Cope harder friend.

[Anonymous No.10655746]

>>10650389
jesus christ you are stupid

[Anonymous No.10655793]

>>10654287
that's even worse

[Anonymous No.10655823]

>>10653248
This. Literally just go into boomer neighborhoods with a gun in the middle of the night and rob them of all their valuable posessions.

[Anonymous No.10655851]

>>10650742
>it's devaluing so you are FORCED to keep working so the 1% keeps gaining in wealth. income inequality has increased massively(CEO wages are increasing 100x+ while wage slaves salaries have stagnated) and the kicker is that once automation and AI fully takes over all these wage slaves will be dumped into the trash cans like the disposable normies they are kek

This is my nightmare and I can't see how to avoid it.

[Anonymous No.10655888]

>>10653091
>stop people saving, and to keep people slaving
I've never heard it put so eloquently but this is the truth.

[Anonymous No.10655921]

>>10653794
All that money and the healthcare system and education are still sub-par.

[Anonymous No.10656055]

>>10655921
>All that money and the healthcare system and education are still sub-par.

I worked at a health startup thinking I can make a difference. Nope, the people higher up take $200 2 hour lunches every day. They force everyone to work on their stupid ineffectual ideas.