It’s better than sitting around blaming things like systemic racism or whatever trendy oppression is popular today.
People who do that aren't even trying. The rest of the population is up against the numbers of record inflation, a ballooning housing market, with strained inventory due to the aforementioned and higher populations, and decades-long wage stagnation contrasted with a widening wealth gap. That cost of everything is running away and wages are NOT keeping up. One can only pull on those boot straps so hard before they snap.
I don't know anyone who cries about "tEh sYstEM" but this economy is absolutely fucked. I know established professionals who are selling their toys and downgrading their wives into cheaper leases. They all see a bubble bursting soon and are battening down the hatches now. When the guys who are "tEh sYstEM" are tightening their belts, that isn't abstract, it's not hypothetical.
No arguments. Unfettered immigration and rising inflation has made it to where you pretty much have to have a side gig if not more besides your main job. I still live in an apartment. Inflation keeps rising but more money printing just makes it worse. Interesting how the dollar has been losing value ever since the federal reserve came to being. I think there will always be a wealth gap to some degree but I understand what you are saying. Working hard is never a bad thing but there are a lot of factors out there today working against us
"Taxes are to keep you from saving money. Inflation is for eroding the money you mange to keep. They're all tools for keeping us poor."
I didn't take it seriously, but it really does seem like that only way to save money while not being invested in this bullshit Boom/ Bust "economy" is to buy gold. You can't stash cash without it losing value quick, but gold is stable. And don't you fucking mention crypto or I'll build a Terminator to find you. "Wrong!" 😎
the only thing with gold is how do you liquidate it? the only places to buy are selling at over market value, and the only places to sell it are buying at under market value. it seems like there needs to be a catastrophic swing in value in order for the investment to be worth it.
Yeah, in a lot of ways it seems like a scam to make dealers money. I have a small amount of silver. All well known minted coins, so pretty much the easiest to trade, authenticate, etc. You're stuck buying at a premium and selling at a discount. Silver is up 20% since I bought most of it and I'm probably breaking even if I sold them now.
Gold isn't an investment; it's a hedge. You keep gold and silver on the off-chance that your fiat currency of choice becomes devalued into worthlessness and you need something to make purchases with other than wheelbarrows of paper.
Not only prices are up but housing prices are disproportionately rising. I was shocked that the house I bought back in 2015 has doubled in price by 2018 and it keeps on increasing. As an idea, today I can't afford a house in my area and I make a decent amount of money.
I know a mortgage broker. He jokes that the only affordable way to buy a house is to pick the land you want and then burn down the house that's already on it. Now look at CA. Now look at Newscum gleeing that "speculators" are already making offers to buy up the burnt land.
People who do that aren't even trying. The rest of the population is up against the numbers of record inflation, a ballooning housing market, with strained inventory due to the aforementioned and higher populations, and decades-long wage stagnation contrasted with a widening wealth gap. That cost of everything is running away and wages are NOT keeping up. One can only pull on those boot straps so hard before they snap.
I don't know anyone who cries about "tEh sYstEM" but this economy is absolutely fucked. I know established professionals who are selling their toys and downgrading their wives into cheaper leases. They all see a bubble bursting soon and are battening down the hatches now. When the guys who are "tEh sYstEM" are tightening their belts, that isn't abstract, it's not hypothetical.
No arguments. Unfettered immigration and rising inflation has made it to where you pretty much have to have a side gig if not more besides your main job. I still live in an apartment. Inflation keeps rising but more money printing just makes it worse. Interesting how the dollar has been losing value ever since the federal reserve came to being. I think there will always be a wealth gap to some degree but I understand what you are saying. Working hard is never a bad thing but there are a lot of factors out there today working against us
"Taxes are to keep you from saving money. Inflation is for eroding the money you mange to keep. They're all tools for keeping us poor."
I didn't take it seriously, but it really does seem like that only way to save money while not being invested in this bullshit Boom/ Bust "economy" is to buy gold. You can't stash cash without it losing value quick, but gold is stable. And don't you fucking mention crypto or I'll build a Terminator to find you. "Wrong!" 😎
Buying,storing then selling it again is the problem with gold.
the only thing with gold is how do you liquidate it? the only places to buy are selling at over market value, and the only places to sell it are buying at under market value. it seems like there needs to be a catastrophic swing in value in order for the investment to be worth it.
Yeah, in a lot of ways it seems like a scam to make dealers money. I have a small amount of silver. All well known minted coins, so pretty much the easiest to trade, authenticate, etc. You're stuck buying at a premium and selling at a discount. Silver is up 20% since I bought most of it and I'm probably breaking even if I sold them now.
Gold isn't an investment; it's a hedge. You keep gold and silver on the off-chance that your fiat currency of choice becomes devalued into worthlessness and you need something to make purchases with other than wheelbarrows of paper.
Gold is money. Everything else is credit.
Not only prices are up but housing prices are disproportionately rising. I was shocked that the house I bought back in 2015 has doubled in price by 2018 and it keeps on increasing. As an idea, today I can't afford a house in my area and I make a decent amount of money.
I know a mortgage broker. He jokes that the only affordable way to buy a house is to pick the land you want and then burn down the house that's already on it. Now look at CA. Now look at Newscum gleeing that "speculators" are already making offers to buy up the burnt land.