Date: May 12th, 2025 8:40 PM Author: Claret crusty sandwich trailer park
People seem to understand inflation in 2025. But in like 2010 boomers did not. They were like “my first job paid $27k!” Not realizing that that’s like $117k contemporaneously
Date: May 12th, 2025 8:50 PM Author: excitant lilac national masturbator
My entire adult life I've been hearing we're a service-based economy. Now I don't know what "services" any country would want from us. I know how economists would say wealth is created, or value added, but I don't see how wealth is being created in America right now.
Date: May 12th, 2025 8:57 PM Author: henna low-t stock car garrison
People can't understand that at any particular point in time, a price in a currency is basically meaningless without context. Is a dozen eggs priced at 10,000 units of currency X more or less expensive than a pound of cheese priced at 3 units of currency Y? Who knows. But xo posters will proudly point out that 10,000 is more than 3.