/biz/ - Business & Finance

[Anonymous No.58077762]

The 1932-1964 US quarter has a melt value of $4.52.

At the Federal minimum wage of $7.25/hr a worker paid in these quarters would make $32.77/hr

At the highest minimum wage in San Francisco of $17/hr a worker paid in these quarters would make $76.84/hr

In their youth, the boomers made what would be $30-80/hr if US currency had not been completely debased.

[Anonymous No.58077876]

>>58077762
I've been sticking $30 in pennies up my ass for the past 11 years. That's 3,000 pennies a day, 21,000 pennies a week, 1,092,000 pennies a year. To date, that's 12,012,000 pennies. Eight times the population of Nebraska. Those pennies were in my ass! You think you're better than me? Oh, you're not better than me. You handle my ass pennies every day. You pick up my ass pennies for good luck. You throw my ass pennies in fountains and make wishes on them. You give my ass pennies to your little daughter to buy gumballs with. You handle my ass pennies every day. All of you! You ALL handle my ass pennies! Oh, I'll laugh at you before you can laugh at me. Because your pennies have been in my ass.

[Anonymous No.58077882]

>>58077876
Hell yeah

[Anonymous No.58077908]

They print currency to buy up assets, then print iou slips to create artificial supply of metal; this is done to instill faith in federal reserve notes so that [redactes] at the federal reserve can continue to charge us interest to print cash.

[Anonymous No.58077917]

Physical money is permissionless, the best and most durable form being coinage. Metal coinage is the most gigachad form of money for several reasons i shall list in the next meme.

[Anonymous No.58077961]

>>58077762
Too bad that by holding silver you lose money even faster than by holding fiat.

[Anonymous No.58077973]

>>58077961
pieces of paper < pieces of paper backed by boomer rocks < boomer rocks < digital internet tokens of finite supply <<<<<<< just remembering what people owe you

[Anonymous No.58078027]

>>58077961
>literal mental gymnastics in each sentence
Holy cope and seethe iqdelet. Go back to spamming pmg for 19 hours a day

[Anonymous No.58078074]

>>58077876
Good thing copper is antiseptic.

[Anonymous No.58078083]

The truth, just like silver, burns cohens and stiens.

[Anonymous No.58078098]

>>58077876
Fag

[Anonymous No.58078111]

>>58078074
The oligodynamic effect is why silver burns (((their))) skin

[Anonymous No.58078119]

>>58078027
You didn't refute any of the points he made though

[Anonymous No.58078146]

>>58078083
now compare this to gold
or S&P
or bitcoin

[Anonymous No.58078168]

>>58078119
Take a look at the biz catalog, which is more promoted?
His whole notion is that crypto will promise him more fiat. He claims silver does not keep up with inflation, i posted a graph showing he is wrong. In reality, crypto is the inflation sponge so where jews rehypothecate (borrow) from cold wallets so they can pump and dump nft markets. Printed money goes right into crypto, right now jewlarry fink is pumping it with printed currency, along with a consistent error 500 to sap wealth from people who think its the same has having physical wealth.

[Anonymous No.58078179]

>>58078146
Gold is good. Crypto and stonks are literal judaism on digital ledgers owned by blackrock and cede & co.

[Anonymous No.58078192]

>>58078146
Alao keep in mind, the things that you listed; you can only really hold one of those. The other two are claims. Digital wealth is rehypothecated therefore not scarce. Server networks that can lock you out are not as durable as a coin in hand for wealth storage.

[Anonymous No.58078217]

>>58078192
That's why I own silver AND gold AND stocks AND bitcoin

[Anonymous No.58078616]

>>58077762
>1932-1964 US population: ~120-180 million
>2024 US population: 360 million
just like printing debases currency, so does population increase debases the value of human life. You're worth 1/3 of a 1940 guy unironically, maybe even less. Thats not even mentioning the increase in production of goods due to tech advances

[Anonymous No.58078845]

>>58077973
>>58078027
Too bad that by holding silver you lose money even faster than by holding fiat.

[Anonymous No.58078880]

>>58078845
>id
K Ag wins
You had to make a new id to spam your shitty brief pasta

[Anonymous No.58079748]

>>58077762
>In their youth, the boomers made what would be $30-80/hr if US currency had not been completely debased.
Wtf are you saying? The only reason their $17/hr is worth 30-80 is BECAUSE of the debasement. Without debasement, wagies today would be paid either the same or less (due to the decreasing value of labour as women entered the workforce and automation advancements were realized)

[Anonymous No.58079770]

>>58077876
Not seen this pasta in years. I have the webm somewhere. Thanks for the nostalgia kek, anon.

[Anonymous No.58079851]

>>58077762
>In their youth, the boomers made what would be $30-80/hr if US currency had not been completely debased.
Keep in mind, everything also cost a lot more (inflation adjusted) due to all the productivity gainz since that time. You can fit what a boomer considered to be a supercomputer on a single chip now.

[Anonymous No.58079872]

>>58077876
Cut it in half. Then double it.

[Anonymous No.58080258]

>>58078146
>>58077908

[Anonymous No.58080571]

>>58077961
>anon with atrocious font rendering takes a screenshot
I’m not even a snob but that shit is hard on the eyes

[Anonymous No.58080833]

>>58077876
>>58079770

The classic UCB sketch:

https://www.youtube.com/watch?v=f9aM_dT5VMI