exploitedamerican

Another limitation of CPI is that it does not account for the devaluation of a currency due to the increase in circulating currency supply which is something the price of gold does perfectly. We can also put the rise in the price of gold next to a chart showing the increase in us circulating currency and they are very close to each other.

The price of gold was constant, only fluctuating 80% from $19 to $35 in the first 172 years of the us dollar’s history. Then nixon ended the gold standard in 1972 and within 8 years the price of gold increased 2000% from $35 to just under $800 one year later the us printed its first one trillion in circulating currency now we print 1 trillion every 3-4 months and the price of gold has increased 7500% since nixon withdrew from the bretton woods agreement. In 1956 minimum wage of $1/hr equaled 60 ounces of gold annually ($160,000 today) in 1968 it was $1.60 which is $250,000 in todays money. Gold has alwaus been considered an inflation proof asset, it has retained its value for all of history. An ounce of gold will always be able to purchase a fine set of garments, liek a really nice 3 piexe suit with undergarments, a button shirt and tie and leather shoes, a months rent in a 2 bedroom in a nice part of town or between 300-400 loaves of good bread from a bakery.

But cue in the “economics experts” telling me the price of gold has nothing to do with the value of currency

Space karen is a pathetic piece of human garbage

The only way i would believe it is if they meant a screw or two or one of the flat metal plates that is used to secure other components. Ive repaired i pho es and they are a pain tk deal with and sometimes you forget exactly which screw goes where when they are mostly so small they all look the same. I misplaced a small plastic component thst acts as a sound amplifying cone to direct your voice soundwaves to the microphone use for phone calls and it made it so people couldnt hear me unless i used the speaker phone. But thats no good reason not to repair. They should have drawers filled with those screws and other internal irrelevant components

I call fascism fascism and that is what we now have, the intersection of corporate and military industrial power controlling our government and using their media outlets to spread propaganda. Fascism is marked by; the protection of corporate power, the suppression of labor power, controlled Media disseminating propaganda, disdain for human rights, disdain towards intellectualism, unification over a scapegoated class of people as a common enemy, rampant corruption and cronyism/nepotism, obsession with crime & punishment, powerful displays of nationalism, government and a preferred religion intertwining, normalized sexism, glorification of militarism, a surveillance state with militarized police forces who use secret police under the pretense of national security, and fraudulent elections. These are all the defining characteristics of fascism. And the only one of those you can argue may not be present is the last one but i would even argue that its very likely our national presidential elections have been fraudulent ever since FDR died.

Need to attack the problem at the root, corporatism which is a synonym of fascism. Personally I don’t see a solution to fix things that doesn't involve violent revolution. Even if enough of the bottom 70% of workers could all get together and strike, at minimum 35% of the bottom initiating a general strike that will continue until terms are met. But even then i feel that will lead to violent militarized suppression from the owner class who will force people striking to work. Those in power have made a real mess of things.

True, but for many people who do not know any better they are the arbiters of reality.

Sometimes its easier to risk your life than it is to get proper documents to cross some imaginary lines.

Is it space karen?

Just when I ask what more can space karen possibly do or say this year thats more idiotic than all the other shit he has done or said, he gives us this polished gem of a turd.

So at least 27 crazy motherfuckers have survived this? Likely induced hypoxia and worn a few extra layers to escape whatever hell they were in back home and take a gamble on odds worse than betting on black at a roulette wheel? Dayyuummmm i mean maybe if the others bought a hart or milwaukee battery heated coat and taken a tank of oxygen the odds would double in their favor?

Ah yes, fascist class traitor attack dog for the ultra rich violate the rights of marginalized people. More of the same.

I hope he gets a strong dose of karma in prison.

Haven't a few people done this and survived?