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The average person doesn’t understand inflation / basic math.

NoBacon

An honourable man.
Forum Clout
116,661
If inflation is 10% something that costs $1 now costs $1.10 - if it falls to 5% it now costs $1.16 instead of $1.21

The news / companies present falling inflation as positive news and most people agree, when it’s just “less bad news”

There are people at my company who have their raises talked down because of this, it’s very funny.
 

Dog Eater

Paint Tin ASMR Enjoyer
Forum Clout
51,076
If inflation is 10% something that costs $1 now costs $1.10 - if it falls to 5% it now costs $1.16 instead of $1.21

The news / companies present falling inflation as positive news and most people agree, when it’s just “less bad news”

There are people at my company who have their raises talked down because of this, it’s very funny.
It’s ok they’ll get it back on their tax return!
 

NoBacon

An honourable man.
Forum Clout
116,661
It’s ok they’ll get it back on their tax return!

If you present your case to management here why you deserve a raise, bring in supporting evidence of other compatible salaries and what the minimum should be to keep in pace with inflation, you’ll get it (here at least).

The managers in these meetings are telling them because inflation is falling they don’t need it anymore, and you will be shocked how many people agree and go along with it. I’m pretty sure even the leadership here fundamentally don’t understand it.

We’re becoming a nation of fat uneducated simpletons. At least we’re teaching kids how to have anal sex and be proud of being a tranny.
 

Dog Eater

Paint Tin ASMR Enjoyer
Forum Clout
51,076
Centralised banking is the greatest theft ever perpetrated on humankind. I honestly don’t blame people for not understanding inflation or taxation. They’re educated by the state after all.

I don’t like asking for raises, I’ve only ever done it twice. Once they gave me less than a dollar an hour more and I quit the next week. The second time The owner yelled a lot of reasons why I couldn’t have one then walked back in the room 2 minutes later and announced it’d be in next weeks pay.
 

NoBacon

An honourable man.
Forum Clout
116,661
Centralised banking is the greatest theft ever perpetrated on humankind. I honestly don’t blame people for not understanding inflation or taxation. They’re educated by the state after all.

I don’t like asking for raises, I’ve only ever done it twice. Once they gave me less than a dollar an hour more and I quit the next week. The second time The owner yelled a lot of reasons why I couldn’t have one then walked back in the room 2 minutes later and announced it’d be in next weeks pay.


There’s a reason ancient societies identified interest rates as usury that would demolish culture. There’s a reason why all other societies who try to put an end to it are destroyed from within by an (((insidious))) alien influence.
 

NoBacon

An honourable man.
Forum Clout
116,661
$10,000 in 1980 has the same buying power of $37,027.79 today, funsters.

And these poorcel funsters want to raise inflation to pay their student loans for worthless degrees. Student debt needs interest rates that cripples all these retards. I paid my University of Mass tuition back years ago.

The insurmountable national debt burden combined with de-dollarization in global trade and the rise of BRICS+ are going to send the US into a decade long depression with unseen levels of poverty and violence.

I am prepared, not in a tinned food prepper sense, mentally and spiritually. It’s almost going to be worth it to see the collapse and complete panic in the lives of the gender warrior niggers who haven’t got any idea what the real world looks like.
 

NoBacon

An honourable man.
Forum Clout
116,661
*coughs* Bitcoin

I invested (at the time) my life savings in Bitcoin around 2015. On a cold storage laptop, which I lost.

Around $20k at the time. I’m not doing the math. I don’t want to know. Plus, if I had access to it I would have sold most of it way before the peaks because I didn’t have a magic future 8 ball.

That said, Bitcoin is simply greater fool theory digitised. Imo at least. I’m not passionate about equity or own 5 sinks though.
 

LockedHDD__Pot

Forum Clout
37,806
I invested (at the time) my life savings in Bitcoin around 2015. On a cold storage laptop, which I lost.

Around $20k at the time. I’m not doing the math. I don’t want to know. Plus, if I had access to it I would have sold most of it way before the peaks because I didn’t have a magic future 8 ball.

That said, Bitcoin is simply greater fool theory digitised. Imo at least. I’m not passionate about equity or own 5 sinks though.
I lose passwords on a daily basis, that doesn't discount the theory of a currency with finite limit on supply
 
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