My parents bought a house in a new neighborhood, close to work, in a medium sized city for 3x their annual, single-wage-earner income. They bought a rental and a boat and vacationed every year on a median salary for the USA. They helped their children attend college on the same median salary.
I don’t think these accomplishments are possible today on the median income. Certainly not on a single-wage.
In 1971, the USA finally destroyed the last vestiges of the gold standard and unleashed the money printer in earnest. That was the nail in the coffin and cemented our fate for hyperinflation. We have been feeling the pain for that move for decades and starting to see the endgame now with CPI inflation starting to flirt with 10% — remember, that is a rigged index. True inflation is closer to 30% per year when you look at energy and food.
Certainly, most historical figures came from “the aristocracy.” Those are the people with the capital to invest in big changes. We don’t wire history books about normal people. No one wants to read stories about themselves, they want fantasy. So history automatically applies a selection bias.
While we know people were paid only a few cents per hour, cents could buy you a lot of real things. Food was plentiful and cheap. If you could save up a buy land, you didn’t have a predatory state stealing it back through property taxes. You didn’t have to pay the constant tithe to the taxman for your income either. Child labor was voluntary and seen as a way to build character and earn money. We outlawed child labor and now have generations of lazy entitled adults who think the world owes them a living.
You look at history and see hard times. I look at history and see more freedom.
Did they do that before 1910? That was what I addressed. I specifically noted the change, and why it came about (or at least I hinted at it substantially). If you track housing prices as a function of average income, the lowest prices have ever been since America's founding was post WWII up to the early 60s. Post 70s it started to really take off, starting with the insane interest rates of the early 70s. It now costs almost 4x more to buy a house per average income than it did then.
I don’t think these accomplishments are possible today on the median income
They are not.
In 1971, the USA finally destroyed the last vestiges of the gold standard and unleashed the money printer in earnest. That was the nail in the coffin and cemented our fate for hyperinflation.
Yes, but that is just one more step. It was not the first, it was not the last, and it was not the most important. What it is, is the easiest for us to see. This is in no small part because our past has been completely rewritten by leaving out important context (such as I provided above).
So history automatically applies a selection bias.
Yes and no. The fact that the Aristocracy set up a system so that only the Aristocracy could succeed (and ensured that is the case) is one of the reasons why history has a selection bias towards the Aristocracy. The other reason is that history has been rewritten to ensure a specific narrative. There is nothing "automatic" about it. It is quite contrived on both the front end and the back end.
If you could save up a buy land, you didn’t have a predatory state stealing it back through property taxes.
Not true. First, almost no one could afford to buy land until about the 1920s. This went down drastically in the 30s, but then went back up again in the 40s where the cost per home vs. average income vs. percent of population making enough money peaked. This was coupled with the new fangled 30 year loan, which didn't exist before the 30s allowing for just about anyone to buy a house or land. This new 30 year loan scheme also made the banks a fuckton of money and, intentionally coupled with a few other events (such as the inflationary period you mentioned) ensured the economic situation we have today. Prior to that time period, only a few percent of the population could own land (less than 10%). Even today, only a fraction of the population actually owns any land (have actually paid off their mortgages), though it is a fair bit higher now than it was prior to the 40s.
Second, property taxes have always been a thing, with a few pockets of exception. The initial America didn't have property taxes written into the Constitution, but it was a part of the townships. Plus, only about 5% of the people owned land then. Everyone else was a wage laborer, indentured servant, or a slave. Property taxes themselves are a carry over from the feudalistic system, which was a carry over from the Roman system. This millennia long system ensures that the Sovereign (previously a monarch, in our case The State) retained ultimate control (actual ownership) of the property. Property taxes never went away. In the founding of America they were ensured (and insured) by the fifth amendment.
You didn’t have to pay the constant tithe to the taxman for your income either.
There were plenty of local taxes, and fees, etc. but "US Govt. income tax" wasn't a thing (or was much less of a thing, there were still taxes of a percent or two at various times after the civil war). People didn't make enough to pay income taxes. They couldn't actually buy houses, they couldn't afford to live. That is the reality of life for 95% of the population. That was what I meant about "history." This stuff is all information you can find, but you can't find it unless you dig into period documentation from the government, or other official reports, etc.
Child labor was voluntary and seen as a way to build character and earn money.
Bullshit. This is the revisionist history and has just shy of nothing to do with the truth. This was the case for those few people who were in the top 10% or so of society. It was not the case for the other 90%.
We outlawed child labor and now have generations of lazy entitled adults who think the world owes them a living.
Actually, Rockefeller outlawed child labor (or rather, his agents). He did so because he had created a new indoctrination system (we call it "school"). The reason we have "generations of lazy entitled adults who think the world owes them a living" is because Rockefeller stopped child labor and forced everyone into his schools. People think the way they do because Rockefeller (or rather, the Cabal) wants them to think that way.
You look at history and see hard times. I look at history and see more freedom.
I look at history as it was. You look at history as you are intended to see it. Your version helps create The Matrix. It is only when we realize what actually happened that we can see how far back the Grand Illusion really goes.
My parents bought a house in a new neighborhood, close to work, in a medium sized city for 3x their annual, single-wage-earner income. They bought a rental and a boat and vacationed every year on a median salary for the USA. They helped their children attend college on the same median salary.
I don’t think these accomplishments are possible today on the median income. Certainly not on a single-wage.
In 1971, the USA finally destroyed the last vestiges of the gold standard and unleashed the money printer in earnest. That was the nail in the coffin and cemented our fate for hyperinflation. We have been feeling the pain for that move for decades and starting to see the endgame now with CPI inflation starting to flirt with 10% — remember, that is a rigged index. True inflation is closer to 30% per year when you look at energy and food.
Certainly, most historical figures came from “the aristocracy.” Those are the people with the capital to invest in big changes. We don’t wire history books about normal people. No one wants to read stories about themselves, they want fantasy. So history automatically applies a selection bias.
While we know people were paid only a few cents per hour, cents could buy you a lot of real things. Food was plentiful and cheap. If you could save up a buy land, you didn’t have a predatory state stealing it back through property taxes. You didn’t have to pay the constant tithe to the taxman for your income either. Child labor was voluntary and seen as a way to build character and earn money. We outlawed child labor and now have generations of lazy entitled adults who think the world owes them a living.
You look at history and see hard times. I look at history and see more freedom.
Did they do that before 1910? That was what I addressed. I specifically noted the change, and why it came about (or at least I hinted at it substantially). If you track housing prices as a function of average income, the lowest prices have ever been since America's founding was post WWII up to the early 60s. Post 70s it started to really take off, starting with the insane interest rates of the early 70s. It now costs almost 4x more to buy a house per average income than it did then.
They are not.
Yes, but that is just one more step. It was not the first, it was not the last, and it was not the most important. What it is, is the easiest for us to see. This is in no small part because our past has been completely rewritten by leaving out important context (such as I provided above).
Yes and no. The fact that the Aristocracy set up a system so that only the Aristocracy could succeed (and ensured that is the case) is one of the reasons why history has a selection bias towards the Aristocracy. The other reason is that history has been rewritten to ensure a specific narrative. There is nothing "automatic" about it. It is quite contrived on both the front end and the back end.
Not true. First, almost no one could afford to buy land until about the 1920s. This went down drastically in the 30s, but then went back up again in the 40s where the cost per home vs. average income vs. percent of population making enough money peaked. This was coupled with the new fangled 30 year loan, which didn't exist before the 30s allowing for just about anyone to buy a house or land. This new 30 year loan scheme also made the banks a fuckton of money and, intentionally coupled with a few other events (such as the inflationary period you mentioned) ensured the economic situation we have today. Prior to that time period, only a few percent of the population could own land (less than 10%). Even today, only a fraction of the population actually owns any land (have actually paid off their mortgages), though it is a fair bit higher now than it was prior to the 40s.
Second, property taxes have always been a thing, with a few pockets of exception. The initial America didn't have property taxes written into the Constitution, but it was a part of the townships. Plus, only about 5% of the people owned land then. Everyone else was a wage laborer, indentured servant, or a slave. Property taxes themselves are a carry over from the feudalistic system, which was a carry over from the Roman system. This millennia long system ensures that the Sovereign (previously a monarch, in our case The State) retained ultimate control (actual ownership) of the property. Property taxes never went away. In the founding of America they were ensured (and insured) by the fifth amendment.
There were plenty of local taxes, and fees, etc. but "US Govt. income tax" wasn't a thing (or was much less of a thing, there were still taxes of a percent or two at various times after the civil war). People didn't make enough to pay income taxes. They couldn't actually buy houses, they couldn't afford to live. That is the reality of life for 95% of the population. That was what I meant about "history." This stuff is all information you can find, but you can't find it unless you dig into period documentation from the government, or other official reports, etc.
Bullshit. This is the revisionist history and has just shy of nothing to do with the truth. This was the case for those few people who were in the top 10% or so of society. It was not the case for the other 90%.
Actually, Rockefeller outlawed child labor (or rather, his agents). He did so because he had created a new indoctrination system (we call it "school"). The reason we have "generations of lazy entitled adults who think the world owes them a living" is because Rockefeller stopped child labor and forced everyone into his schools. People think the way they do because Rockefeller (or rather, the Cabal) wants them to think that way.
I look at history as it was. You look at history as you are intended to see it. Your version helps create The Matrix. It is only when we realize what actually happened that we can see how far back the Grand Illusion really goes.