I only make outrageous claims. After some research and number crunching, if you compare a professional salary from 1913 to one today, you start at $5000/yr and when adjusted for CPI, you get $155,000/yr today. That's not bad; you can live pretty well on 155k a year. But when you look at that not in terms of consumer price inflation but rather the slice of the total monetary supply that income represents, you see that the size of that slice has actually shrunk so drastically, that the fed has printed so much money, that you would have to be making $6.6 million dollars a year today to be earning the same proportion of the money supply as a professional in 1913. The 155k salary earns you a standard of living that looks nice, but is made up of poor quality and cheap goods that make up for the fact that your money has gotten so worthless. The $6.6M salary is what you would need to buy the same quality goods you could obtain by default before the world's wealth was stolen for over a century.

Replies (3)

First of all, let me wish a very happy birthday to the chosen people. May you be blessed by my God to yours! Second, I'm sure the lizard people did the best they could given the harsh circumstances. Titanic had just sunk and they were preparing the stage for ww1. Do you think democracy is cheap to maintain? I thought so too. Thirdly... women were barely working and children kept dying young instead of properly mining the mines until old age. Have you tried voting harder maybe?
Maybe I haven't given our most gracious overlords enough credit after all 🫂
El Guirri's avatar
El Guirri 1 week ago
Don't adjust for CPI. That's part of the slavery. Adjust for gold as value metric