Red Pill Graph of the Purchasing Power of the Dollar over 100 years
(media.greatawakening.win)
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See https://greatawakening.win/p/17tL6IsARN/zoomer-shortcircuits-when-she-tr/c/ to find out more about why
I thought about putting reference markers in the graph, like start of the Fed, start of income tax, WWI, WWII, etc. Maybe will do an update later.
hell yea!
https://greatawakening.win/p/17tL6OX2uZ/
Source: https://fred.stlouisfed.org/series/CUUR0000SA0R
I wonder what this looks like if the vertical axis is given logarithmic scaling. So that equal multiples are given the same changes in height, for example, halving.
I thought the same thing. The problem with a linear graph is that you lose sensitivity to relative change once the trace gets close to zero. My benchmark has been the price of postage stamps and the price of gasoline. When I was growing up in the 50s, a postage stamp was 5 cents (modern keyboards no longer have the cent symbol). A gallon of gasoline was 25 cents. A dollar today would have been worth a dime in my youth. This inflationary creep has the effect of driving everyone into higher income tax brackets, even though our buying power has not improved.
What I would like to see is the dollar compared to a fattened steer, a bushel of wheat, a ton of iron ore, lumbar, et cetera. Things that were common and widely used long ago, and still are, and are minimally affected by technology changes.
1920 -- $20 = 1oz Liberty gold coin
2024 --$2375 = 1oz Liberty gold coin (Today & same worn rough coin)
Buy a lot of Beef for $2375
I think I just paid $1800 for a half, butchered. That was about 350# of meat.
Smart buy.
Greatest buying power was BEFORE THE FED!!!!!
Gold will restore.
It's always been a mystery to me how they kept that lead balloon from hitting the ground over the last 30 years.
Once they get it down to a day's wages buys a loaf of bread, everyone will finally know they are slaves. But then it won't matter anymore.
https://www.youtube.com/watch?v=oTx_o5B0J1Q