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GREATER DEPRESSION
GREATER DEPRESSION
GREATER DEPRESSION
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"Source?,source?, source?," (I am a seagull)
The U.S dollar keep falling in values.
Recently, ny favorite way to display this information is in hours worked to get an oz of gold. Since time is scarce, it seems to be more effective.
What happened from 65 to 75? π€¨
Www.wtfhappenedin1971.com
I need a source for this. It appears to be different from what I can find
While I can confirm the median income is accurate for 1955 with the data I can find. However it appears that the gold rate exchange would make 4400 in gold from 1955 at $35.15/oz would be valued at $288000 today
Great table. People think they earn more but actually theyβre suffering day after day and donβt realize it.
And they thought their suffering is due to immigrants or politics. So they are always fighting the wrong fight. When people can wake up from it?
Maybe itβs not my problem. I have escaped because I switch to bitcoin.
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Someone remind me what's the purpose of gold.
It was the only decentralized currency in its heyday
Looks like price stability wasn't one of gold's strengths.
And I am on SS and have two adult kids living on my income of $26,000.00 per an....we truly are just barely eeking by.
Seeing this chart is so sadβ¦ Thanks god for Bitcoin π
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Human capital lookin cheap. Time to buy.
what a way to steal millions of people their own energy and soul.
Always humbling to zoom out
Gm nostr,
I think a lot of people fear loosing their job to AI because they think getting a blue collar job won't pay their bills, meanwhile plumbers and electricians be making 740k a year in 1965.
I don't think we're even close to imagining how prosperous the world could be on a bitcoin standard.
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This also explains why so many idolize the 90s
Dissonanced Cognativity
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