60+ CPM THE NEW STANDARD?

It's all an illusion. As the value of the dollar decreases it becomes necessary to pay more dollars even though they're worth less money.

 

It's not a illusion at all.

The word you were looking for is inflation and a quick google search shows that wage raises have outpaced the inflation rate by over 3X since 2012.

 

Where as inflation outpaced wages 1000x for 30 years before that when nobody got a penny more.

 

That sounds totally accurate.

You guys go on and have a pity party in here and talk about the "good'ol days".

 

Guess I've not earned thiss 60cpm yet. I get 55cpm and I'm 1099. So it's going but not perfect.

 

a dollar in 1968 had about the same purchasing power as $40 today.
The average Teamster was making $4 an hour in 1968 and if they wanted to maintain the same standard of living today they would need to earn $160 an hour to maintain the same standard of living. Even if you paid them $50 an hour today, they would still only be able to afford a third of what they could have afforded back in 1968 at $4 an hour due to the devaluation of the currency.

 

to bad the good old days are gone

 

This guy gets it.

The word should be dilution because thats what it is, an intentional over printing of money until monetary collapse. This is a stealth form of warfare but not a new one at all. You can read about it in Lenin's 1919 'debauch the currency' speech which was basically a manual on infiltrating and hijacking a targetted enemy nations fiscal system, starting with russias at the time to weaken the capitalists that the bolsheviks were exterminating.

Just look at whatever commodity has gone unchanged from the time you can remember its price. 99cent whopper in 1997. Today you need to buy 2 of them to get the price down to $3.

Walmart ether was 99cents in 2007. Its close to $3 now. Toilet paper, shovel, skidsteer, an F350. It doesnt matter, they do the same thing they always did but the prices have doubled or quadrupled. This is really a dilution of your currency. Hyperinflation and political turmoil or even civil war and overthrow in micro countries are pretty much always hand in hand. Machiavelli wrote plenty on this, were just too dumb to study it and see the signs of methodical application being applied here.

When everyone you know lives hand to mouth despite 2 or 3 jobs, your favorite economists story goes up in smoke. It wasnt always this way. Lunch ladies used to retire with a pension. Nixon being tricked into cutting the gold standard after LBJs initiating a big problem is a good place to start ones investigation of how the dollar became an unstable fiat money.

 

Not quite accurate. About 4.5 times high.

 

I was using the standard of measurement by which all currency is measured which has increased in value 40 times since 1968 but since the standard of measurement never changes in value it it didn't really increase in value 40 times. The currency lost 95% of its value. 35 bucks an ounce in 1968 vs over $1,400 an ounce now is a drastic change for something the value of which remains constant.
My grandparents paid $32,000 for their house in 1965 and that house is worth two and a half million dollars today so that 4.5 times increase isn't even close to what I would need to purchase that house since the value of the house increased 78 times since they purchased it.