The World Financial System - The Disaster

  • 🐕 I am attempting to get the site runnning as fast as possible. If you are experiencing slow page load times, please report it.
ReversingVoucher

ReversingVoucher

kiwifarms.net
Joined
Oct 14, 2024
If you take a look at this site, you will see the following:

Screenshot_20241015_082726.png


In the picture above, you see that an item that costed $1 in 1913, it now in 2024 costs $31.85 !!

Also you see the "Cumulative rate of inflation", which means the increase in the cost of goods from 1913 till 2024.

The prices have increased 3084.9% since 1913 !!!

In other words, in 1913 if you would buy 31 bottles of milk with $1, now in 2024 you would buy only one bottle of milk with that same $1.

This doesn't make sense, cuz the more we progress in the future, the better technology we have.
Now we have machines that can do things for us, we should have more prosperity and prices should go down, A LOT.

This clearly shows that something is really wrong.

I will give you some resources that will explain to you what happened, how did we reach this miserable situation and who is responsible for all this.

It's the Jews 😉

 
  • Autistic
  • Dumb
  • Feels
Reactions: Yukako, Suburban Bastard, UERISIMILITUDO and 13 others
Maurice Maine said:
It doesn't matter since wages mostly kept up. Its not like buying power disappeared, in fact it got higher.
Click to expand...
Yes the wages got higher, but the purchasing power has decreased a lot. The engineered inflation happened is far greater than the little increase in wages some governments are making.

The existence of continuous inflation is a problem, we don't fix that problem by increasing wages, but we eliminate the things that cause the inflation.

Eliminating the scamming of the Jewish banking cartel and destroying usury would be a good start.
 
  • Agree
Reactions: UERISIMILITUDO
ReversingVoucher said:
Yes the wages got higher, but the purchasing power has decreased a lot. The engineered inflation happened is far greater than the little increase in wages some governments are making.

The existence of continuous inflation is a problem, we don't fix that problem by increasing wages, but we eliminate the things that cause the inflation.

Eliminating the scamming of the Jewish banking cartel and destroying usury would be a good start.
Click to expand...
You just gotta accept money is naturally going to be worth less over the years. It's natural since more wealth thus more money gets created.
 
  • Like
Reactions: Junkers 87
Maurice Maine said:
You just gotta accept money is naturally going to be worth less over the years. It's natural since more wealth thus more money gets created.
Click to expand...
I believe this is incorrect, gold and silver (real money) will never be worth less. The gold and silver value have been stable and have stored their value throughout the ages. If more Gold gets created this will make the people richer, but it will NOT decrease the purchasing power of money.

if you watched the videos i posted you will see that the purchasing power decreases due to scamming.

Even when you use fiat currencies that are backed up by precious metals or real assets, they will maintain their purchasing power unless you start scamming.
 
  • Dumb
  • Dislike
Reactions: Occluded Front, SangeAndYasha, Zbk3VmLfujjzjxBd43tL and 1 other person
Regardless of what one thinks of the gold standard or similar systems, the fact is that the current fiat system is firmly entrenched and will not be going away. You have to deal with it as it is, not as you wish it were. Fiat currencies are supposed to have some level of inflation built into them, which, along with taxation, is intended to discourage hoarding and encourage spending, which keeps the economy running.

Obviously when there's a break in the relationship between inflation and wages, or when inflation ticks up higher than it otherwise should, there will be problems. This has happened in the past and in the context of the United States, it has been corrected each time to maintain some level of parity.
 
  • Semper Fidelis
  • Like
Reactions: Pedophobe and 𝕺𝖑' 𝕯𝖎𝖗𝖙𝖞 𝕱𝖆𝖙𝖘𝖔
ReversingVoucher said:
In other words, in 1913 if you would buy 31 bottles of milk with $1, now in 2024 you would buy only one bottle of milk with that same $1.
Click to expand...
Median wage in 1913 is 0.26c an hour, so to buy 31 bottles of milk would take about 4 hours. Nowadays the median wage is 18$ so you need about 2 hours to buy 31 bottles of milk. So even your example is absolutely retarded and work back then were far more intensive.

The discourse about inflation and fiat (or really most western economic system) is always retarded since no good alternatives are suggested behind memes that were tried and failed badly.
 
  • Like
Reactions: Pedophobe
You must log in or register to reply here.
Back