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[–] ahollowpoint 0 points 10 points (+10|-0) ago  (edited ago)

I forgot where i read this, but the ratio of the purchasing power is the same as 1913, except the value of the dollar has decreased significantly. Essentially, if the kike can't get you to take on debt willingly, he'll just inflate the currency so much you're force to take on debt.

A great example, try living off only greenbacks, it IS possible, but extremely difficult to these days. A lot of POS merchants don't take cash anymore (Philadelphia airport, Venmo merchants, Ebay, etc). Now when you do, take out a large sum, like 500$, and see how fast that cash disappears. That item that used to cost 5$, now costs 25$. That 2$ coffee, now costs 4.50$. That little soda that used to cost 1.20 (this one can also be attributed to bullshit soda taxes), now costs 2.25$. Those cigarettes that used to cost 2.50(again taxes play a big role in this) now cost 11$ or more.

Now do the same with a debit card. Because you can't physically see the cash (psycholical trick), you think you aren't spending "that much" money. Instead you think it's only a few dollars here and there. You try making a budget, however all the transactions are so dispersed, and the numbers so all over the place, it's hard for your brain to make a connection on a day by day basis. Sure you can use rounding, write it down, what have you, the point, is that the debit card itself acts as that instrument where you simply lose the control to understand what the hell the money is doing.

Now we mix in debt. Same as above, except it's a credit card. Notice the introduction of the check, then a debit card, then a credit card. These are all avenues where the kike hopes you take on debt by mistake. It only takes ONE small mistake for you to get indebted. Now with a credit card, you get all the issues of the debit card, except there can be no mistake. That one mistake now makes you a consistent, irrecoverable debt slave. You tell yourself, ok, i wont have a credit card then. And then kikes beats you on that ground, since we now have credit only payment processors all over, running debit cards and statement balances as credit instead of debit. This of course completely defeats the point of a debit based system.

And all of this bleeds into the market of goods in the USA. That product now has a balloon price, not because it costs so much, but because the consumer is not buying the product. The bank is buying the product, and "leasing" it back to the consumer, and then the consumer uses that product. However, the consumer will never be able to pay off that item in a million years. The bank knows this, as does the vendor. The goal is to have people live a subscription based life, have everything become a monthly payment. Now you can't escape, since not paying means you lose access. And you see this everywhere. Don't pay taxes, you lose your house, don't pay your car payment, car gets repod, car insurance, health insurance. Heck, today try buying a product as an unlocked product. A lot of times, it simply can not be done. Not that they don't still exist, but it's obvious that the kike i s desperate to have pepple take on more debt.

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[–] randomfuckingidiot 0 points 3 points (+3|-0) ago 

subscription based life

Well said, puts words to a concept that's been kicking around a bit.

Painful to read because hindsight is always 20/20 and oof they got me pretty good

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[–] ahollowpoint 0 points 4 points (+4|-0) ago 

I've worked with companies that claimed they offer lifetime licenses, still. The catch is the lifetime license applies to only the one product, with no versioning. So the only way to keep using the product is ot upgrade, which requires a new license. Then on top of that, the product was not backwards compatible. Fuck you teamviewer, that was a 900$ mistake on my side, for trusting those fucks to honor their own agreement. Technically i could "grab" an archive copy, but those are nowhere to be found on the site, and if they are, they immediatley break because they aren't updated

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[–] Muh-Shugana ago 

Fantastic post! This is why white guilt is retarded even when it comes to 'falling for jew tricks' because just as you said, even when men are smart enough not to take on debt willingly, the jew is not about to just 'give up'

The jews are not willing to give us a say on whether or not our peoples are blood enemies for all time, they decided that it was going to be this way, and any clemency we give them just gives them more chances and more opportunities to perform every fucking thing you just described.

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[–] fluhthreeex 0 points 2 points (+2|-0) ago 

v/AskVoat: Why Don't We Send Mexico a Bill Every Year for Illegal Mexicans on Welfare, EBT, Section 8, Public School, Medical Treatment and in Prisons? - Future Groorious Reader fluhthreeex Respondrs:

we do. it's called a foreign aid check. they accept our US currency (which is really debt--as in negative money) and use it. so they lose in the end. but the joke's on the US really because we're the ones printing the shit and using it ourselves. it's our money. not "special foreign aid notes" or "US Foreign Aid Dollars". our currency is actually not worthless. it is worth negative money. if you own USD you own negative money.

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[–] randomfuckingidiot 0 points 1 point (+1|-0) ago 

Work 20x as hard for 1/20th the pay sounds about right

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[–] ForTheUltimate 0 points 1 point (+1|-0) ago 

nominal wages also inflated.

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[–] CanIHazPhD 2 points 3 points (+5|-2) ago 

You guys should really look into inflation/deflation (what the graph depicts) and how it works. You have the right idea, but are looking at the wrong indicator.

To make a long story short, inflation (when controlled, say, less than 5% or so) does mainly two things. It incentivizes investment as opposed to savings and it reduces unemployment. Deflation does the opposite.

What you should really be looking at is the purchasing power of 1 hour of average labor. To put this in a simple example. Say that in 1913 a kilo of bread costed $1 and now it costs $10, from the graph's perspective it would be 10 times more expensive. But if the average salary in 1913 was $1/hr and now it's $10/hr, things actually remain the same.

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[–] Race_War_Now ago 

What would you recommend for redpilled intros to economics? I'm essentially economically illiterate. I don't really know what inflation and interest rates and all that jazz really mean or represent.

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[–] ForTheUltimate 0 points 3 points (+3|-0) ago 

mises.org

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[–] CanIHazPhD ago 

I recommend you forget about the politics, at least at the beginning and focus on learning just principles from introductory books. I started with "Principles of economics" by Gregory Mankiw (pretty sure you can find it in b-ok (dot) org, but I haven't checked).

You need to know high school algebra to understand some concepts (up to derivatives I would say), after you get a good understanding of supply-demand curves you'll be set to start getting into the politics of economics. This is mostly because taxes/subsidies and who pays what stems from these curves. What I mean from this is you don't need to read the whole book in depth, so don't be daunted by the length of it.

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[–] ForTheUltimate ago  (edited ago)

better deflation so the investment that is done is the most efficient. by saving, the purchasing power of frugal consumption and investment grows. economic decision making is just more efficient.

For the record, USA had price deflation in its first century.

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[–] CanIHazPhD 1 point -1 points (+0|-1) ago 

Deflation is a bad idea in most cases, because it stunts hiring (especially in the presence of minimum wage laws) and it stunts risky investments (like research and development, prospecting, etc.). Deflation is also particularly bad for people that have debt, like student loans or mortgages, at it increases the real value of debt over time.

Take some time to read this. https://en.wikipedia.org/wiki/Deflation#Effects

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[–] observation1 0 points 1 point (+1|-0) ago  (edited ago)

That's like saying because we've become more efficient technologically at making bread, which keeps costs down - that it's okay to steal money through inflation to justify the offset in what would have been savings.

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[–] CanIHazPhD 0 points 1 point (+1|-0) ago 

Sadly economics is a harsh mistress, no system is inflation or deflation proof (no, not even metal based standards or cryptocurrencies) and the alternatives (hyperinflation or deflation) are much worse. Inflation only affects you if you have a lot of currency "under your mattress" (saving accounts or things like that), which is an incredibly bad idea anyway. It does not affect you if you have investments, does not noticeably reduces your salary, etc.

This is why you need to look at the value of actual labor and not at the value of bills.

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[–] dudelol 2 points -2 points (+0|-2) ago 

Jesuits run the Vaticans central banks around the world, not the juden.

Gtfo with this diet woke garbage.

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[–] Niggardly_Jew 0 points 2 points (+2|-0) ago 

I have never seen any evidence supporting this statement. The Vatican has no control over most central banks. Jesuits are kikes, btw.

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[–] dudelol ago 

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[–] Blompf ago 

If you aren't in gold, cryptocurrency, or both, you deserve what you're going to get.