What happened?
>>81138412
Inflation
>>81138807
/thread
What do you expect? The comedian is dead.
>>81138807
Is inflation a "good" thing? Is it preventable? Should it be prevented?
People started fearing urban expansion and started nimbly bullshit.
>>81140477
put it like this:
the jews invented interest, meaning when you borrow 100 dollars, but you have to give back lets say 120 dollars. where did the 20 dollars come from? it just appeared, meaning that there is now more money in the world reducing the worth of money alltogether much like rare pepes.
also OP is a faggot if you google inflation calculator, 48.000 dollars in 1976 are about 215.000 dollars in 2016
>>81141302
Are you sure OP is a fag?
https://www.census.gov/construction/nrs/pdf/uspricemon.pdf
http://www.fedprimerate.com/mortgage_rates.htm
>>81141302
All I heard is inflation only benefits people who invest. It hurts everyone else.
Your government had to repay the money it borrowed and passed on the costs to you.
AKA modern inflation
>>81141302
its actually the original loan that appears from nowhere
the interest has to come out of the economy itself, and it is the only 'real' money
understanding that this 'real' money, being paid as interest, was also originally created through a loan
>>81141302
This is true but only the tip of the iceberg.
Everyone used to be able to have access to these means of living if they worked.
Now only the middle class and up is able to afford to actually own a home and often vehicles in their lifetimes.
The US dollar regardless of inflation has been tanking as well as the boomer generation never letting their fat crusty claws off of so many homes causing a housing bubble.
The rabbit hole goes deeper but you get the picture.
>>81138412
Democrats outsourced our jobs and "diversified" our white neighborhoods.
>>81138807
Increase in population combined with globalization.
>>81142727
>muh two party system
Both parties support this. Open your eyes moron.
>>81141302
it's not the interest itself that comes from nowhere, it's the ability for a bank to loan out "digital" or "on-paper" money when it doesn't have it in its coffers.
money exists on ledgers and that's how it simply gets 'created'. banks (((print))) more money in a year than the federal government does.
>>81140477
debatable. But generally it's fine. Governments like to have a little inflation because
1) It encourages people to either spend or invest their money and not just keep it under the bed
2) It balances out increases in productivity, so prices don't fall very much
3) Stops deflation (falling prices), which can often lead to a deflationary spiral. Think about when house prices started falling, no one wanted to buy when they thought prices might be even lower the following week, which of course causes those house prices to fall even faster and so on. This can be bad.
4) It makes debt cheaper to pay off. This isn;t a great reason, but governments with a lot of debt will be tempted to encourage inflation.
It's pretty controversion of course. Keep in mind wages also rise with inflation. At least they are meant to..
>>81138412
>What happened?
Women happened.
>>81138412
Holy shit is this accurate?
I went shopping last week and got two containers of a dozen eggs each for about 80 cents per container.
I live in Alabama, USA. Shopped at Wal-Mart
>>81143139
>live in nigger infested shithole
>lol why is everything so cheap?
>>81143252
Why would walmart prices be any different?
Who buys sugar by the gallon?
>>81142350
It benefits people who are in any kind of debt. i.e. everyone.
>>81143448
Some people have savings anon. IE, the people actually keeping the economy afloat. That's why there is debt in the first place. There can be no debt without savings to lend out.
>>81143448
It doesnt necessarily benefit people in debt, just corporations in debt
>>81140477
You could try waging less wars I guess.
>>81143672
>there can be no debt without savings
Hahaha. Not in our economy
>>81138412
Ask the Federal reserve and the banks. Your masters.
>>81138412
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
http://www.strawpoll.me/10753609
>>81143687
No, it can benefit people. If you buy a $500k house and your currency crashes, and a year later everyone is making $500k an hour then it's like hey, free house.
But the retiree who sold you that house to live on the nest egg is fucked.
>>81143778
It probably foreign savings backing all the debt. IE. China.
>>81143885
>everyone is making 500k an hour
Sure bud
A lot of that shit like sugar, milk, coffee and eggs are actually cheaper now (adjust for inflation).
Only thing that got fucked is real estate prices.
houses here are 2-3million minimum now
>>81143973
Did you miss the currency crash part? Don't be stupid.
the amount of uneducated opinions in this thread is giving me a headache. go look up modern money theory
>>81143973
Happened in zimbabwe. Hyperinflation is magic. But ya, he'd probably lose his job before his wages increased that much.
>>81143252
It's much, much better here than somewhere like, say, Detroit. We have very clear boundaries between the bad parts of town and the nice, or "white" parts of town.
I live in the latter, and do my shopping at either the nearby walmart, or publix.
I knew walmart prices were a lot lower, but I had no idea they were even lower than 70's standards even after considering inflation.
>>81140477
>Is inflation a "good" thing? Is it preventable? Should it be prevented?
https://mises.org/library/man-economy-and-state-power-and-market
>>81143385
Ever bought a case of pop?
>>81143856
>drumpf
fuck off lime.
>>81144114
Wages aren't increasing. The purchasing power stays the same or falls, the number of zeroes on the bill is the only thing that goes up.
>>81143139
My local grocery store had eggs (not fancy eggs, but large eggs) for 59 cents on sale.
Minnesota and not a poor area. Normal grocery store, nothing fancy and nothing cheap.
>/pol/ defending inflation
The banks were given the right to just make up money and loan it out, so house prices have rocketed.
>>81138412
https://www.youtube.com/watch?v=7_Xw5tWsOQo
So why hasn't purchasing power increased? That's what I want to know?
>>81138412
>gallon
>pound
>>81138412
this continued to exist
>>81141302
Interest is the opportunity cost of liquidity. If I could take that $100 and invest into an asset that generates 25% returns, I would be stupid to lend it to someone for less than 25% interest, just as I would be stupid to do nothing with it.
The financial illiteracy here is astounding
So the Liberal solution to this is make minimum wage go up?
But what is the solution from a fiscally conservative perspective?
It is absolutely necessary for there to be a small amount of inflation in order to keep the economy going and the money flowing.
Deflation is much, much worse for everyone.
>>81145166
Balance the budget by cutting federal spending on defense and entitlements.
>>81145343
t. banker
>>81141302
official inflation rates are highly skewed
its much worse than official numbers
plus stagnant wages for the past 15 years
plus insanely corrupt healthcare
>>81144750
The US knows both systems of measurement, we choose not to follow the crowd.
>>81145440
I agree imagine the logical investments that can be made from balancing the budget for the military? I mean it will take guts for someone to do that simply because of all the money invested into military contracts and etc?
>>81138412
>Selling Sugar in gallons
What?
>>81145849
Yeah honestly it's basically politically impossible to cut any of that. Raising the minimum wage (very slowly) is probably the only way to deal with the problem at this time.
>>81145166
No. The only stop inflation is to change the way banks can taxe money. They are the ones to blame
>>81144700
it is a mystery
>>81145856
>burgers
not even once
>>81146026
>>81146209
It sucks being a regular citizen who wants to have a business and grow when you know the very own currency you are trying to make is being manipulated at your disadvantage.
I swear taking back our country would be taking back our currency.
>>81144359
>Wages aren't increasing.
Not in recent years for low skilled workers. but generally they are.
>>81146572
It's actually worse if you look at it by age group. A non-STEM bachelors is not worth more than 30k/year nowadays.
>>81143084
Wife works for gubmint Women root of all problems confirmed.
>>81146934
>>81146867
We were discussing wages during a currency devaluation.
But you're also wrong in reality, at least for the United States.
>>81146374
Unions are little better than organized crime.
>>81147244
Why should you care? Unions can help workers. Stop being an economic cuck.
Jews
>>81147199
but.. your chart shows wages going up. They went from $2.50/hour in 1964 to $20.67 in 2014. What is your point here?
>>81138412
Democrats imposed higher minimum wage and new regulations which increased prices in the market causing inflation. Republicans did little to stop or even supported some of these new policies.
>>81147846
his point is that adjusted for inflation wages have not changed in the last 40 years
>>81147965
Pay no attention to this goyim. Wealth is not a zero sum game remember? Please ignore the fact that China/Asia is one of the only countries/regions that has a growing middle class.
>>81148088
They are not meant to. How the fuck is everyones wages meant to rise over time when there's a static money supply?
>>81143332
>Not understanding that regional pricing is a thing.
wewlad.
>>81148199
productivity and GDP are rising you god damn potato nigger
so why aren't wages rising?
>>81138412
Who buys sugar by the gallon?
>>81148264
I guess I don't. Please explain why eggs would be cheaper in US shitholes than it non shitholes.
>>81148351
damn, you can really see the proliferation of immoral financial instruments in that one
almost makes you wanna go NatSoc
>>81138412
This.
>>81146798
I don't understand what this graph is trying to claim. The 90% is flat after 1970 because economy works that way. Prices, inflation and salaries are balanced by the majority. When salaries of the majority goes up, so will prices and you would end up the flat line after inflation correction. And if 1% makes more than they did in 1979 then good for them, I wish I was one of them.
>>81148301
>so why aren't wages rising?
They are you fucking retard, but not when you account for inflation.
GDP rising means you can buy more for the same money, and inflation counteracts that or at least it's meant to. If you don't have any inflation then everyone get's wealthier because their static wages can buy more. This is what happened on the gold standard. You can't raise everyones wages without inflation because otherwise there is no money extra money to pay them with. How the fuck would that work?
>muh 300k starting
>>81148767
How did this shit happen?
>>81138412
On 1913 the federal reserve was approved while many congressmen had already gone home for the holidays. They are allowed to create money by creating promissory notes. Fractional reserve banking is making money out of thin air which they then give to the government (keep in mind that the federal reserve is a private company, nothing federal about it) WITH INTEREST. The government is expected to pay this money back with interest. Interest from money that's made from thin air. It's interest from outside the accounted for money pool, it's impossible to pay back because there could never be enough to pay it back. America is cucked and doesn't even know it.
we are absolutely and totally fucked
>>81147422
Because Unions take their dues from your paycheck, but don't get you shit. Their time is over since the fed has made laws about how to handle workers.
>>81148767
abuse of H1B visas
this was recently revised up to 6 billion in Africa alone by 2100
>>81148426
Because countries in the new world are much larger and more diverse economically than the wee rolling hills of ireland
>>81148721
No -- this is a similar graph going back a few more years. See the rising wage? Real wages are adjusted for inflation and deflation. So a constant wage paid in a deflationary environment would mean a rising real wage. Here nominal pay is rising, but real pay is stagnant. If the nominal rate was rising faster than inflation, then the real rate would be rising too.
>>81140477
Some inflation is necessary as the economy keeps going. Deflation is REALLY bad. Inflation is okay if it's controlled.
o shit
>>81149392
exactly
productivity and wage used to be coupled
but now they're uncoupled
>>81141302
Interest is the time/opportunity/risk cost of money you dumbass. If interest was illegal, no one would give out loans and the economy wouldn't grow.
>>81148426
It's more or less number magic.
In places where standard of living cost is higher, everything else rises. It's why salaries in california for low end jobs are like 40-50k a year. Because that 2 bedroom apartment they're renting is 1k/month in rent. Utilities will be higher, etc. An apartment where I live is 500$ a month and the same low wage position will be luck to make 24k.
For instance, where I live. I live in a city north of where I work. Everything is more expensive there, than in the town where I work. If I were to move down here, I could live a lot easier on the money I make.
There's no real reason regional pricing exists, I mean you could make an argument that higher demand but the same amount of supply, yet somehow demand is always met, so I don't buy it. I'm sure there's some real economic explanation for it, but just in my personal observation, it seems to be charging whatever the market will bear.
whites are good goys
I don't see chinks, nigs, and poos cleaning up their acts nearly as quick as we did
>>81149649
I have to start investing on India
>>81149392
so right after WW2 ended there was a glut of unskilled labour and relatively low demand, who would have thought? As people entered the labour market and landed jobs, the cost of labour was pushed up due to demand eventually evening out around $50k it seems.
Again, sir, I ask you. In dollars adjusted for inflation, how the fuck would wages keep rising? They can only rise by labour becoming more valued than other resources relativity. This is not something you can raise every year. It's ideal for average wages to be static in inflation adjusted dollars.
>>81149963
If the same people produce more and more in the same amount of time, the amount of goods they can receive in exchange for their hour's labor can rise and rise. This is what it means when real wages are rising.
>>81150263
Honestly why do we even have a corporate income tax if it is so easy to avoid?
>>81140477
Steady inflation rates are good because they encourage spending and investment instead of hoarding, but prices of long term contracts adjust to the expected rate of inflation so that inflation has a neutral effect on prices in the long run. In reality we get a benefit without the cost many associate with inflation.
>>81140477
Yes, you dumb motherfucker.
If a country doesn't base its currency on the gold standard it is doomed to be bankrupted by jews.
>>81150171
>the amount of goods they can receive in exchange for their hour's labor can rise and rise.
No it fucking can't you tard. Maybe if they are becoming for valuable compared to other resources in the economy sure. But generally lots of stuff in the economy is becoming more productive, far more so than labour.
Their wages cannot rise because there is no more money to pay them with, where would it come from? That could only happen if other resources became cheaper somehow. What does happen is they get the same wages on average, but they can buy more with those some wages because it costs less to produce the same goods now because of productivity improvements.
How about I put it to you this way.
Let's say all the workers in the US are paid about 20% of the money supply in wages each year. And each year they want a 10% pay increase. After a few decades they would be paid with all the money in existence. Do you understand how logically impossible this is without inflation?
>>81142350
Inflation creates more expendable income as well as encouraging investment.
Say you buy a home for $100k and have a $1200 house payment a month. Your income is let's say $2400 a month, so half your income goes to make your house payment.
With inflation in 10 years your house is now worth $150k but is still $1200 a month. Your income has been cost of living adjust for inflation so you are now taking home $3600 so your home payment is now only 1/3 of your income. Your expendable income of what is left has doubled.
>>81140477
>Is inflation a "good" thing?
Small inflation (< 5%) is probably a good thing.
>Is it preventable?
No.
>Should it be prevented?
Since it can't be, no.
>>81138412
THE JEWS TOOK YOUR MONEY AND /POL/ LOVES THEM FOR IT.
>>81150820
>But generally lots of stuff in the economy is becoming more productive, far more so than labour
what
>>81150820
You need to look up the difference between real and nominal.
>>81144933
Jew detected
Trying to justify his false money schemes
>>81138807
>1980
>House is 4 times average income
>2016
>House is 16 times average income
>He blames this entirely on inflation
iF you claim profit is evil you are literally a communist.
>>81150986
Computers, tractors, robots, advanced manufacturing techniques, mining technology. All these things massively improve productivity. Workers themselves don't change that much, they don't become hugely more skilled or anything. They don't particularly become more valuable over time as a proportion of capital expenditure.
>>81151033
I know it thanks. Anon is claiming average real wages should be able to keep rising every year forever.
>>81138412
Women started working outside of the home.
>>81151618
You don't know it. Real wages can rise every year.
>>81151776
How? How can you keep increasing the amount of money you pay people on average every year without inflating the money supply? Reduce the population maybe? Can't do that forever either.
>>81138412
Titanic One Way Prices
>First Class Deluxe Parlor - $108,000 today
>First Class Standard - $3700 today
>Second Class Standard - $1500 today
>Third Class Steerage - $1000 today
Average third class worker received
If the dirt poor working class could afford an $1000 ticket in 1912, the poor today can do the same right?
what went wrong?
>>81152023
You can say the exact same thing about inflation on your logic.
>>81149013
>Declining white population after 2020
>Chart that is predicting a decline in white before it even happens
Fuck off.
>>81152023
REAL WAGES ARE NOT NOMINAL WAGES. You don't have to change the size of someone's check or do anything relative to the money supply for real wages to increase.
This stuff isn't ideological or controversial.
>>81152066
The working class go on vacation every once in a while today too.
>>81152168
>>81142350
depends on the asset class of investment
>>81152066
poor people can afford that now. Africans are paying about that to be smuggled to europe.
>>81138412
Welfare. Cloward-piven. Homes turned into investment strategies by banks. Union labor drove the prices of cars up, but the craftsmanship down so the depreciation is even more. Fuel taxes are now at least $1/gallon The list of reasons can go on, but mostly due to democrat policies.
>>81152152
What the fuck are you talking about?
How about you just answer the question?
>>81152212
Right, i'm misusing the word real wages then. I'm talking about inflation adjusted nominal wages. Anon above claimed they should keep going up.
>>81138412
how come milk has only doubled eggs only doubled, but bread is like 10x
>>81151184
this
>>81152573
cars actually last a lot longer than they did in 1975
>>81152614
commodities investors speculating irresponsibly
>>81152579
Why doesn't your model of inflation result in a dollar value of zero at time = infinity?
Its because if wages rise by 10% and the rate of inflation is 2%, the net increase in real wages is 8%.
>>81152579
maybe you misunderstood him
>>81152373
>Blacks hardly increasing at all
Shit that's not what it feels like.
>>81152865
>Why doesn't your model of inflation result in a dollar value of zero at time = infinity?
it does.
>Its because if wages rise by 10% and the rate of inflation is 2%, the net increase in real wages is 8%.
I'm discussing wages in inflation adjusted dollars, so no inflation. That's the whole point.
>>81152872
You can thank abortion clinics for that.
>>81152867
That sounds plausable
>>81152373
A lot of 'hispanic' people in the US are just white people descended from the Spanish. They mark the 'hispanic' box to get extra money for college and diversity points on their job applications.
I'm a half-white, half-'hispanic' that looks completely white and did that shit when affirmative action was still in play.
>>81140477
You want some minor inflation, so people spend their money instead of letting it rot under their bed. I always propose a minimum 2.2% inflation.
>>81152872
imagine what black population would be like if abortion was illegal
margaret sanger did nothing wrong
>>81153220
Holt shit
>>81153205
>looks completely white
Nice try pablo
>>81149410
t. schlomo goldberg de david keynsian shekelstein rothburg
kill yourself kike
>>81153091
If you're talking about inflation adjusted dollars your initial question makes no sense.
>>81138412
So I make 50k and I buy a nice house for 200? What the fucks the problem? I bought a used car for 6, new small ones which i assume theyre going off are under 12k. You don't live in the neighbourhood du jour? Your car is pre owned? Or worse? A former write off? God forbid you put some work into your house or car to get some more value back. Food prices have gone up. You don't grow your own anymore. Buy just the staples and start a garden. Pick up a fucking gun and get your own damn steak. Oh, you don't own a deep freeze? Don't get a tattoo next month and you can afford one. Movies are frivolous. Don't vote for neo cons or eco activists if you want cheaper gas.
I guess you got me on postage. Society sure is fucked up when stamps are rising at 1.5× inflation. What ever will we do?
>>81153758
That was the point, to point out the absurdity of... ah fuck it
>>81152579
They can go up and up.
If each worker produces double what he did last year and earns the same dollar amount, the amount he can consume for his pay goes up. His real wage goes up. His inflation-adjusted dollar gains buying power. His standard of living goes up. There is no reason buying power can't rise with productivity.
>>81150413
because its the easiest way to ruin small business (as a competitor to the bigger ones). corporations are the gods of regulators. same goes for minimum wage, its an easy way to keep small business and people with no skills like young people or minorities out of the work force so they can participate in other degenerate decadent behaviors instead of improving themselves and skill sets.
>>81153822
$12k barely buys you the shittiest shitbox
$20k to $30k for the average car, which the 70s number is based on
>>81153220
That's misleading, that would imply they are people.
>>81149286
climate change will solve this problem
>>81152614
corn subsidies, food aid to niggers, etc
>>81155576
I have to wonder
but I'm concerned that the majority of the predicted population growth will attempt to migrate to White countries
>>81154045
Wah wah
>>81152573
>mostly due to democrat policies
>implying republican policies have mitigated any of this damage
You're part of the problem.
>>81154019
It's funny because she's Jewish
>>81153220
>>81153702
>people want to outlaw this
>>81156464
they don't want the KANGZ to rise up
>>81155576
By driving all of the niggers into Europe. The elites know this too. They want that delicious cheap labor very badly.
Too many people. Overpopulation. Etc.
>>81138412
you can still get a pound of robusta for 1.12$/lb
>>81138412
Step 1: Remove Gold Standard
Step 2: ???
Step 3: Profit
Pic related.
>>81157150
I bought some robusta beans a while back
it's not that great
>>81156934
>they want American niggers
You ever hear about a nigger shortage buddy? They don't care where it comes from. Hell, i bet they're happy somalians are trying to canoe the fucking atlantic and work for pennies on the dollar
>>81156305
I listed mine out, did you?
>>81152704
False. Someone under 25 detected and/or never owned a car of any era before 1990.
>>81153293
Lol, my cousin Ian has blond hair and blue eyes with pale white skin. He tanned out after playing soccer during his childhood, but a few days inside and he's like a freaking snowflake. I'm a light brown with pitch black hair and light brown eyes and I find this cute and funny.
His parents are both light skinned hispanics.
>>81157546
I'm in my 30s, regular shitposter on /o/ and wrenched on old and new cars
drivetrain reliability has never been better
just don't buy a chrysler, fiat, or mini cooper
>>81138412
top kek 5 gallons of sugar for $2.20
>>81157259
robusta is like mexican weed, its cheap and grows everywhere
>>81151184
this desu
>>81158321
Your weak heart mind and liver should be thankful they didn't put potato prices
>>81138412
How do you buy sugar in gallons?
I thought gallons was a liquid measure?
>>81138412
>bought a 15 year old townhouse back in 2010
for 200k
>installed new kitchen, renovated bathrooms, changed floors
>same townhouse on my street is for sale for 310k and it needs shitton of renovations to do because chinks lived there
feels good
>>81156464
>>81153220
The touted eugenic benefits of on-demand abortion never materialized and probably contributed to the problem of out-of-wedlock birth:
http://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=1018&context=lepp_papers
>>81138412
Now lets account for inflation, and compare to what these things actually are today:
>New House
$215,052.49 in 1975, $188,900 today
>Average Income:
$56,836 in 1975, $53,657 today
>New Car:
$17,024.99 in 1975, $33,560 today
>Minimum Wage:
$9.41/hour in 1975, $7.25/hour today
>Movie Ticket:
$9.09 in 1975, $8.43 today
>Gasoline:
$2.64/Gallon in 1975, $2.22 today
>Postage Stamp:
$0.58 in 1975, $0.21 today
>Sugar:
$9.86 in 1975, can't really find solid average prices for today but around ~$6 probably
>Milk:
$7.39/gallon in 1975, $3.67/gallon today
>Coffee:
$5.02/pound in 1975, $6.50 today
>Eggs:
$3.76/dozen in 1975, $2.94/dozen today
>Bread:
$1.25 in 1975, $1.98 today
Aside from wages being stagnant and the average price of new cars almost doubling, we have it better today price wise for most things.
>>81159467
I read that entire paper
I think it gave me brain damage, it was so badly written
Here is the response from the originators of the abortion hypothesis:
http://freakonomics.com/2005/05/15/abortion-and-crime-who-should-you-believe/
