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Ill reiterate on yet another thread that the reason people are worse off, is the purchasing power of the worthless fiat dollar. Take a quarter from pre-1965 wh
by X86BSD 9y ago
Ill reiterate on yet another thread that the reason people are worse off, is the purchasing power of the worthless fiat dollar.
Take a quarter from pre-1965 when we still made constitutionally sound money made with gold or silver. The silver contained in it if melted down is as of today almost $3.00 of worthless paper fiat dollars.
If you made a $1 an hour paid in four silver quarters you would be making $12/hr of paper fiat dollars. Think about that. Let that sink in. The problem is the money is WORTHLESS. It's been devalued to the point of buying next to nothing. So when people are screaming to make $15/hr flipping burgers and dunking fries because they can't live on anything else, it's the money that is the problem. Blue collar workers making $20+/hr welding or milling are still struggling because the money doesn't buy anything. The money is the problem. You are being paid in a worthless paper dollar that barely buys anything so you have to make gobs and gobs of it to obtain anything of value.
Fix the currency and a lot of these related problems disappear.