.25 platter.
About $4.70 today. Good luck getting a plate of food for that today; so it's not just inflation, the cost of everything has gone up compared to 80 years ago.
I'm going to be a bit pedantic, but feel it is important to point out. Please forgive me in advance. :)
so it's not just inflation,
But, it IS inflation.
the cost of everything has gone up compared to 80 years ago.
Right. An expansion of the money supply results in a devaluation of the currency which results in everything going up in price. More dollars chasing the same goods and services.
The traditional definition of inflation was the expansion of the currency supply. Now, they tell us that inflation = consumer price index. (CPI). The CPI is not the _real_ measure of inflation. It's a lie.
Take the M2 money supply (tradingeconomics.com). This chart only goes back to the 1950's, but let's call that an average 5% growth a year. (In truth, it has been skyrocketing the last few years ... it was much tamer in the 1940's - 1960's., but let's just use 5% long run average.)
Take that same 5% and your 0.25 platter now costs ~$13 today. Probably about right for a dinner style meal.
So - when they tell you there is only 1-2% inflation each year, they are lying. They use substitution, hedonics, and other fun math to make the inflation rate look in control, when it isn't. Further reading (seekingalpha.com).
But - why lie? Many reasons - (1) to project external political strength, (2) protect the USD in international trade, (3) internal political ability - people would riot if they understood how quickly their money is failing, (4) to limit COLA and other inflation tagged social security expenditure increases, etc.
Guys like Shadowstats and the Chapwood index show a _true_ CPI at around 10% / year in the last 15+ years. A very different number.
As an aside: go back to that M2 money supply chart that I linked above. Zoom out to the MAX and take a look at what has happened the last 10 years. We are so screwed. There is no other way of saying it. The USD is a walking dead currency, we* just don't know it yet.
*And, by "we", I mean the average person. The wealthy and connected know this ... look at the recent prices for art, high end real estate, etc. The wealthy and connected are sorting themselves out, quietly while the masses will be left with a worthless currency.
I'm saying it's more than just inflation by increasing the money supply. Our currency has been severely devalued since (((they))) removed gold backing the dollar. Consumer prices have been driven up steadily while wages remain stagnant because of taxes, more taxes, even more taxes, fees, licensing, the cost of labor (extra costs of employing a person on top of their wages), American workers competing with an endless supply of cheap alien labor, real estate bubbles, cost of energy, food, etc. So just saying it's inflation is too simplistic.
not just high end real estate, all real estate. Where i live everything has shot the hell up in price, i sold my house for a 60% profit 6 months ago after owning it for 2 years and i could easily sell my current house 6 months later for 75% profit or more.
I wont sell it because i can squeeze more value out of it after the renovations im doing and i genuinely love the house i am in, but holy fuck i made more money from owning a home for 2 years than i would have made working 3 years at my job doing hard back breaking labor.
Shit really is getting out of hand fast. The only risk of investing in property is a mass die off, which in that case you are going to have other things to worry about other than money. Actually there is one other risk: debt. If you take out too large a loan and the jews decide that they NEED to jew you they can hike up the interest rates and royally fuck you over.
Had an interesting chat with my mother, interest rates are low now which saturates the market with buyers that have no business buying. when she was buying her first home interest rates were something like 17% which wouldnt be sustainable now. Houses were dirt cheap at that time too and the mortgage repayments were a fraction of their weekly earnings. I bought a cheap house and my wife and i both worked full time and our mortgage ate about half our wages.
If interest rates went up again to that level i'd even have to default in spite of being well minded enough to halve my mortgage in 2 years of being a property owner.
Now, as proud as i am of making the decisions i made, id gladly see the housing bubble crash and houses get devalued to affordable prices. Every citizen should have the opportunity to buy some land and not at some scum fucking ludicrous price. Send the immigrants back and ban usury and house prices will plummet, every citizen will own their own land and truly become free men.
I had always heard that the cost of most staples as well as rent has been far outpacing average inflation in the past few years. Figured that was what he meant.
Everything has gone up. Except wages.
Oy Vey! You are borderline antisemitic here, goy!
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