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/biz/ - Business & Finance

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9360777 No.9360777 [Reply] [Original]

Why is making money so much more difficult today than it was just 60 years ago?

>> No.9360826

>>9360777
Literally how? How this board became millionaires sitting in their parent’s basement putting their allowance money into virtual internet money

>> No.9360836

>>9360777
Because there hardly is any economic growth anymore. GDP is a construction and does not reflect actual productivity.
The entire economy and life itself has become more and more of a zero sum game. There are fewer opportunities to create wealth that everybody can benefit from. Instead you get rich by denying other people resources.

>> No.9360850

>>9360826
That's probably like 0.0001% of this board. The rest of us will never have enough money to even live the equivalent of a lower-middle class lifestyle of the 1950s.

>> No.9360855

>>9360826
*half

>> No.9360858

>>9360777
Jews instigating immigration, going off the gold standard, causing wages to not be tied to inflation anymore

>> No.9360892

>>9360836
>The entire economy and life itself has become more and more of a zero sum game.
THIS, apart from its a negative sum game if you account for inflation and of course interest

>> No.9360921

>>9360777
>world destroyed by the largest war ever
>only one real country unscathed
>not only unscathed but is fully primed for industry
>corners the entire world market selling the tools needed for them to rebuild
>invests in all countries with it's dollar, which are needed to rebuild AND buy oil

this shit doesn't happen too often bud. We basically got 50 years of tribute from the entire world because of how WWII turned out. We are still raking it in but not like before.

Shit isn't normal. I hate how people want $15/hr and demand the niceties of a crazy golden age.

>> No.9360976

>>9360850
>That's probably like 0.0001% of this board. The rest of us will never have enough money to even live the equivalent of a lower-middle class lifestyle of the 1950s.
Can you explain what a lower-middle class lifestyle of the 1950s consisted of?

>> No.9360992

>>9360777

Making money is much easier. It's just everything is so much more expensive.

>> No.9360994

>>9360777

Because you don't have daddy government protecting you from foreign competition anymore.

>> No.9361019

>>9360858
True. Jews as always are the cause of our demise.

>> No.9361112

>>9360777
Jewry.

>> No.9361356

We could just level Europe and Asia again, ez pz.

>> No.9362140

>>9360976

>what is purchasing power

>> No.9362170

>>9362140
can you outline the purchasing power of a lower-middle class family from the 50's for me? I'm genuinely interested in your take on this and want to hear more

>> No.9362195

>>9360777
in 2018 you can turn 1k into millions just by clicking buttons on a screen. Much easier than in the past

>> No.9362238

>>9360921
Well put.

((They)) aren’t my favorite but using them as a scapegoat for everything is pathetic.

>> No.9362709

>>9362195
>you can 1000x your money by gambling
You could have done the same thing in the 50s, but I'm talking about actually making money, not gambling.

>> No.9363064

>>9362709
It's investing, not gambling. Just because it's a risky investment doesn't mean it's a gamble. The difference is that you can cut losses and lose 50% of your money while investing (unless it's a scam but I'm talking about legit projects) whereas you would lose 100% while gambling

>> No.9363153

There are 20 million asians living in America. That's just one thing, i could go on and on and on.

>> No.9363222

>>9360777
America boomed after WWII due to not being completely destroyed. That is the reason life was so good. The world is not just america.

>> No.9363280

>>9360850
>can't into math
>doesn't make it
What a surprise...
Easily 5-10% of people who lurked here a year ago are paper millionaires.

>> No.9363331

>>9360777
overpopulation
/thread

>> No.9363446

>>9363280
I've been here for almost 2 years now and I've barely even tripled my investment.

>> No.9363485
File: 316 KB, 3000x2139, World-Poverty-Since-1820.png [View same] [iqdb] [saucenao] [google]
9363485

There is not a single country life isnt significantly better now than 60 years ago. Life expectancy has also risen from 50yo to 80yo in 60 years.

Hell, in western europe you dont even have to work anymre and you will live like a king, with a full belly and comfy roof over your head

>> No.9363504

>>9363446
Stop investing in shitcoins and selling low&buying high.

>> No.9363508
File: 28 KB, 799x559, workinghours1.png [View same] [iqdb] [saucenao] [google]
9363508

Last times humans worked less than 20 hours per week was during 1300's

1800's was the shitties, with longest work days of mankind history. early 1900 was really bad too.

>> No.9363520

It’s not op. It’s literaly the easiest it’s ever been to make money with the invention of this thing called the internet. I mean you did just miss out on the easiest bull market in history of the planet.

>> No.9363525

in 50 years it is fair to assume average work week will be 0-5 hours for an average man

>> No.9363537

>>9363520
Aside from gambling and scamming people, name one legitimately easy way to make money on the internet.

>> No.9363541

>>9363446
you're missing the /s ... right?

>> No.9363586

>>9363064
retard detected

>> No.9363604

>>9363280
>Easily 5-10% of people who lurked here a year ago are paper millionaires.
Puliing number out of your ass? What do you base this data on?

>> No.9363607

>>9363541
Why would I be? Outside of the lucky handful of people on this entire board who made it, most people have only made modest gains on crypto. Even most people who bought bitcoin back in 2010 aren't millionaires, because they would have sold it as soon as they made some decent gains.

>> No.9363644

>>9360850
>That's probably like 0.0001% of this board
Boomer cope

>> No.9363647

>>9363064
it's not investing, it's speculating.

>> No.9363695

>>9363485
This is because almost all children are surviving to adulthood, not because life got easier.

>> No.9363713

>>9363607
the newfags think anyone who got in before 2017 is a trillionare
the truth is that only the legit crazy (and fucking stupid from risk management perspective) who held all the way or went all in on several lucky bets have made it really big

>> No.9363751

Probably because there is too many black people.

>> No.9363799

>>9360921
U.S. is just coming off easy-mode

>> No.9363814

ITT: OP is one of those retards who thinks 1950's america was better than now. typical "I was born in the wrong generation" retardation.

>> No.9363845
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9363845

>>9363695
It is combination on those. Antibiotics (Penicillin was discovered in 1928) was the single largest invention that bursted longevity of masses

>> No.9363874
File: 3.54 MB, 600x400, w09qgn1yl1xz.gif [View same] [iqdb] [saucenao] [google]
9363874

>>9363845
Kitty and Titty!

>> No.9363941

>>9363064
>when your criteria for "an investment" is just "something that isnt a scam"

wew lads

>> No.9364266

>>9363525
Only if we get rid of central banking, regulations and skyhigh taxes.
If not life for the average Joe will still slowly decline, even though productivity improves

>> No.9364305

Unironically Jews.

>> No.9364395

I'm so glad I will never be as much of a loser as OP.

>> No.9364423
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9364423

Unironically women in the workforce and mass immigration

Women 100% unironically have to be stripped of their rights if civilization is going to survive

>> No.9364425
File: 12 KB, 590x351, USD-1900.png [View same] [iqdb] [saucenao] [google]
9364425

>>9360777
inflation is designed so that you can never accumulate enough wealth to stop working

>> No.9364446

>>9360777
Jews.

>> No.9364506
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9364506

>>9360777
Demographic shift + globalization + push for college + feminism. The 'bad' jobs are done by Mexicans under the table = wages lowered. The 'good' jobs are done by H1Bs who get deported if they quit = wages lowered. Whites get fed the college meme so don't go into plumbing, plastering, roof repair, HVAC, etc. Women in the workplace doubles the supply of employees for all jobs while only increasing the demand for nannies and daycare = wages lowered. Jews, man.

>> No.9364648

>>9360850

Are you fucking kidding me?

That lifestyle=900 square foot house, eating out less than once a month, having to fear numerous diseases we've eradicated, lead poisoning from gasoline, higher crime, no internet, no AC, strict credit (no credit cards), one shitty station wagon that is worn out by 75k miles, and you likely got drafted and rushed death/PTSD in WW2/Korea/Vietnam.

Also no internet, probably no TV, and not even fucking AC. Weed weak and impossible to find if you're white. Beer was shit. Porn was illegal and just softcore pics if you could find it.

Fuck the 50s lifestyle. Sitcoms were not god damned documentaries.

>> No.9364924

>>9364423
>Unironically women in the workforce and mass immigration

Yeah, women suck at unionizing. Workers wages have been falling since the 1960's in comparison to the corporate profits because women don't mind being a slave to a powerful force. Men will realize when they are getting shafted, unionize come together and kick the shit out of the chimps at the top of the social hierarchy. Women make this impossible to do. They don't work for money or gainz, they work cause society tells them to. Men work to fulfill biological desires.

Also if women didn't work, they won't control as much money, which means they aren't able to lobby as much for immigration. Multi-cultural societies would also suck at unionizing workers.

>> No.9365494
File: 616 KB, 1160x3292, 1525606912173.png [View same] [iqdb] [saucenao] [google]
9365494

This is why.

/thread

>> No.9365636

>>9363537
You know there are people making $5000 a month doing nothing but drawing pictures of animals fucking thanks to Patreon, right?

You lazy millennial fucks have never had to work a real job in your goddamn lives, and you still bitch about it.

>> No.9365732
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9365732

>>9365636
5k maybe if you're a vetted furfag who is banking on nostalgia from your fanbase. Now a days that market is starting to get saturated. Still if you can corner a niche fetish you have spergies who will throw down dollar for you to draw their trash.

>> No.9365743
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9365743

>>9360777
everyone in picture dead by now