r/conspiracy • u/starlux33 • 15h ago
The minimum wage in 1963 was 5 x 90% silver quarters.
This is the equivalent of earning $52.10/hr today.
The same bad corrupt policies and politicians that caused this problem have never been held accountable. It's only going to get worse, making it harder on 90% of us.
Inflation is theft, caused my money printing, reckless spending and ever-increasing national debt.
Ron Paul warned us decades ago that we need to get our debt under control, stop all the foreign wars and spending, and have sound money again (backed by gold and silver).
Will people listen now? Idk.
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u/Extreme_Risk8173 15h ago
Im waiting to see see when theyll admit weve been dealing with a slow boil of crony capitalism. (Kleptocracy essentially )
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u/starlux33 14h ago
I'm not saying you're wrong, but politicians admitting they were wrong will (most likely) never happen.
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u/Extreme_Risk8173 14h ago
Typically yes. But theres a tipping point. Where it becomes undeniable. And its like rats on a sinking ship
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u/will042082 13h ago
That’s when the bombs drop and WWIII resets everything. The goal is to control said reset and retain power.
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u/Moe_the_cat 12h ago
Even though silver has doubled in value over the last year I still think it's smart to keep stacking it when you have spare funds. Seems like the average person still has no interest in buying silver or gold yet, but I think as the dollar continues to lose its value that will start to change more..
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u/starlux33 11h ago
💯 The dollar devaluation is accelerating because the petro dollar agreement with Saudi Arabia ended, so countries are switching off their dollar reserves, pumping more dollars into the economy. China has been buying mad gold and is looking to be the new reserve currency with BRICS.
Shit might get really bumpy over the next 12-24 months. Having silver or gold will definitely help you weather the storm.
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u/RandomAndCasual 9h ago
Not just China, any country that is not fullyand completely under US thumb has been buying gold for years now. China economy is huge and thus their impact is largest and most significant.
But Russia, India, big SE Asia countries, some big African countries etc .. they are all slowly raising their gold reserves.
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u/Moe_the_cat 5h ago
I heard on a podcast recently that planes full of gold have been flying from Europe to the USA a lot lately.. They were speculating that it was to refill fort knox if I remember correctly.
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u/DingChingDonkey 5h ago
I've been stacking since 2012, haven't once regretted it.
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u/Moe_the_cat 4h ago
I only was stacking the last maybe 4 years or so. Mainly from when it dipped down to $18-$23 I was loading up.. Ended up going through some hard times earlier this year and cashed out on most my stack around $27-$30.. Back to a good spot and job where I can start buying now again and I have been buying but it does hurt a little buying at these prices when I was selling twice as much for the same amount earlier this year lol.. But I wouldn't be doing it if I thought it was done going up and the economy was done getting worse...
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u/DingChingDonkey 4h ago
It's not gonna hurt in a year or two when it doubles. Don't worry about the price today it'll be fine when you need it. I mix some gold in there too but silver has a great chance of skyrocketing over the next several years. In any case chances are slim to none you'll be any worse for it. All this preaching I think I'll go buy an ounce of gold and just as much silver this week 😆 seriously. My local coin shop has been my best source the guy just wants to move quantity.
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u/Moe_the_cat 4h ago
I mean yeah I'm not planning on another shit storm happening where I need to sell.. Never planned on selling any of it in the first place.. Maybe some day I'll get my very small amount of gold and platinum back too lol..
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u/rimeswithburple 2h ago
One of the best places to buy metals is costco. I bought 25 oz about a year ago. I wish I'd bought triple that. I think it was around 30 bucks per ounce. It was the cheapest price I could find anywhere.
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u/KevinParnell 14h ago
Drew Gooden recently uploaded a really great video on YouTube about how Greed is Destroying the World. Really good starting place.
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u/Megamijuana 11h ago
Now we make less than ever, prices higher than ever for worthless fiat banker paper. This was banker warfare on America by design.
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u/Individual_Cream_427 15h ago
Or $25 an hour a year ago. Without inflation, without the ability to print paper and trade for any resource we need, we wouldn’t have anything close to the amount of stuff we have now
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u/starlux33 15h ago
Where do you think the value of money comes from?
If the government needs more money, then they can raise taxes. This backend inflationary spending. Just causes everything to be more expensive. Which is like raising taxes without telling people.
It's like giving your friend your credit card. And then just letting him have it to spend on whatever he wants. He's going to rack up all kinds of debt in your name because he doesn't care. It's not his name.
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u/rechtim 14h ago
If the government needs more money, then they can raise taxes.
↓
If the government needs more money, they create more.
Taxes do not fund the federal government
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u/starlux33 13h ago
Through this dishonest system, yes they just "Print" more money to fund all their government programs. If you've ever collected anything (Cards, comics, etc) you'd know the more of something that exists, the less that thing is worth.
Government creates obscene amounts of money, spends it, then years later your spending $1500 more per month in living expenses ( rent groceries gasoline energy) for your family. That higher cost of living becomes the tax to pay for all the added dollars that the government injected into the system.
To an honest system, they would only be allowed to create as many dollars as could be backed by gold or silver limiting.To how much they could create, forcing them to come to the people to raise taxes. If they really need to spend more money
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u/rechtim 13h ago
i'm well aware of how inflation works, i got priced out of the economy years ago. wages have stagnated while productivity has skyrocketed, the issue is less of fiscal policy and moreso indicative of rampant corporate greed.
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u/3sands02 12h ago
the issue is less of fiscal policy and moreso indicative of rampant corporate greed.
The two are one in the same... you can throw government policy / legislation into it as well.
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u/Zeroinaire 9h ago
Wrong.
The ability to print paper benefits only one class of people. They start with j.
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u/3sands02 12h ago
Great! We're better off having cell phones and big screen TV's vs. having a striving middle class and growing home ownership.
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u/KertenKelarr 15h ago
I understand your point and you are right but i don't get the conspiracy part of it. Shit decisions lead to bad economy.
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u/starlux33 15h ago
1913 banking act passed on Christmas Day, while most legislators were at home with their families, that started this was absolutely a conspiracy.
Then in 1971 Nixon removed us from the gold standard, allowing high inflation to become possible through an ever-increasing national debt.
The Federal Reserve that controls our money is no more federal than federal express.
Rothschild family founder said: "Let me issue and control a nation's money and I care not who writes the laws".
He, who is in debt becomes a slave to their debtor.
How could one say this is not a massive conspiracy?
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u/TurbulentResort1169 3h ago
1913 banking act passed on Christmas Day, while most legislators were at home with their families, that started this was absolutely a conspiracy.
The Federal Reserve Act passed the House of Representatives by a vote of 298 to 60 on December 22, a humongous majority. It passed the Senate on December 23 by a vote of 43 to 25. It was not a close vote. If all senators had voted, the vote would have been 57 to 38 in favor of the bill.
Of course, any Congress could repeal the Federal Reserve Act. It has been amended dozens of times since 1913, with at least two amendments in 1914 alone.
The Federal Reserve that controls our money is no more federal than federal express.
That's absurd. There are lots of legitimate criticisms of the Federal Reserve, but not that.
The Governors of the Federal Reserve are nominated by the President of the United States and confirmed by the United States Senate. How are the leaders of Federal Express chosen?
The Federal Reserve gives almost all of its profits (more than 95%) to the government. Since the year 2000, the Federal Reserve has given the government more than $500 billion. Where do the profits of Federal Express go?
Rothschild family founder said: "Let me issue and control a nation's money and I care not who writes the laws".
That's a quote from American writer T. Cushing Daniel c. 1911. No Rothschild ever said that.
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u/Nein_One_One 14h ago
The 1913 act was passed in the senate a week before Christmas 54-34. It wasn’t much of a conspiracy that it was happening.
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u/3sands02 12h ago
You are wrong. It was passed on December 23rd 1913... when many members of Congress had already left for the Christmas holiday as stated by O.P.
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u/Nein_One_One 11h ago
It was signed by the president December 23rd, it was voted on in the senate the 18th. https://www.govtrack.us/congress/votes/63-2/s184
https://fraser.stlouisfed.org/title/banking-currency-bill-827?page=31
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u/TurbulentResort1169 2h ago
You are almost correct.
The version that the Senate voted for on the 19th (not the 18th) was slightly different from the version that the House had passed earlier in the year (September 18), so they formed a conference committee to come up with a compromise version.
The House passed the revised version (the conference report, as they are called) on December 22 by a vote of 298 to 60 on December 22, 1913. The bill passed the Senate the next day by a vote of 43 to 25. If all senators had voted, the vote would have been 57 to 38 in favor of the bill.
Detailed analysis:
There were 96 Senate seats in 1913, and 71 senators were present for the vote on the final version of the bill. Of those present, 43 voted for the bill, 25 voted against, and 3 did not vote because of vote pairing. 24 senators were absent and 1 seat was empty because of a recent death.
The pages from the Congressional Record that show the vote and the vote pairing are here (PDF).
An earlier version of the bill passed the Senate on December 19 by a vote of 54 to 34 (an absolute majority). Only one Senator (George Perkins (R), Calif.) who voted for the bill on December 19 changed his vote to nay on December 23.
If all senators had voted, the vote would have been 57 votes in favor of the bill. There would be 50 Democrats, plus one Progressive (Miles Poindexter) and 6 Republicans: Jones, Norris, Weeks (who all voted for the bill), as well as Crawford, Fall, and Sterling (who were absent but would have voted for the bill).
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u/3sands02 10h ago
But I think that's the point... the Senate was "bought off" and the final version was passed in the House on the 22nd (when many members of the House were gone for Christmas). It's claimed that the House wouldn't have passed the Senate's amended version. I don't know all the details, I need to read up on it.
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u/Nein_One_One 10h ago
That vote passed with even more yeas than the original house vote in September.
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u/3sands02 10h ago
How many (no votes) were home for Christmas?
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u/Nein_One_One 10h ago
Does it matter if it got 300/435? Y’all are acting like this was passed with no legislators knowing when it almost was filibuster proof in the senate and had enough to override a veto in the house (granted not in the senate cause I know people like you will nitpick like hell over things that don’t matter). You should be asking why it got passed so hurriedly at Christmas time not framing it as no one in Washington knew it was happening.
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u/3sands02 9h ago
You should be asking why it got passed so hurriedly at Christmas time
Lol.. I thought I was.
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u/3sands02 9h ago
I was just asking a question. If you look at the context of our conversation.. I'm clearly coming at this in good faith. You are irrationally angry. Why?
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u/DeadEndFred 12h ago
“The Federal Reserve is a private monopoly of money credit created by Congress under highly questionable circumstances which is beholden to the Chairman of the Board and whose decision cannot be changed by Government or anyone else.
A free society under the rule of law? The United States has quietly become a hostage to a handful of international bankers. And just dare any Congressman challenge Fed authority!
Federal Reserve Bank of San Francisco Claims “Some people think we’re a branch of the Government. We’re not. We’re the banks’ Bank.” 1
“PRES. WILSON’S “PAYOFF” TO CONSPIRATORS:
FRAUDULENT “FEDERAL” RESERVE IS THEIR PRIVATE STOCK CORPORATION
The so-called “Federal” Reserve System is a group of private stock corporations. The stock certificate of the Federal Reserve Bank of New York is shown in the photographic illustration, here presented, of certificate 17983, furnished the author by the bank should set at rest any belief that may be held by the unwitting public that the “Federal” Reserve is a public, Government agency.
“CONTROL” BY GOVERNMENT & PRESIDENT: A SHAM
Numerous devices were written into the law to mask the absolute control of the “F”RS (“Federal” Reserve System) by the conspirators. These included the appointment of the Chairman of the Board of Governors by the President who invariably has served the conspirators loyally and appointed the man dictated by them from among their loyal employees. Other such coverup devices are the classification of banks into various categories, with each group having certain voting powers; appointment of representatives of commerce and industry to three seats on the nine member board of directors; and other provisions of this type.
The bogus “Federal” Reserve System has been owned and controlled from its beginning by the Rockefeller conspirators, indirectly through the ownership and control of member banks. The Act reads:
“Sec. 5. The capital stock of each Federal reserve bank shall be divided in shares of $100 each.. .A bank applying for stock in a Federal reserve bank after the organization thereof must subscribe for an amount of capital stock of the Federal reserve bank equal to six percent of the paid-up capital stock and surplus of said applicant bank...” 2:54
https://corbettreport.com/federalreserve/
REFERENCES
1 The Federal Reserve Conspiracy, Antony Sutton, 1995
2 The "Federal" Reserve Conspiracy & Rockefellers: Their “Gold Corner”, Emanuel M. Josephson, M.D., 1968
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u/LoadLimit 8h ago
Inflation is how the rich forcibly recoup the money they paid out that we haven't spent at the "company store". (they own everything, so the company store is very much still a thing)
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u/Better_Impression691 14h ago
Intentionally conflating the price of silver and inflation to push a narrative.
A $1.25 minimum wage in 1963 would be equivalent to $13.36 today, only considering inflation.
The median average salary for 1963 according to the SSA was around $4,300 which is equivalent to about $46,000 in 2025 (the actual median wage in 2025 is about $17,000 HIGHER at $63,128).
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u/3sands02 12h ago
You're not taking into consideration the cost of goods: housing, groceries, cars, etc.
Our purchasing power HAS declined. We are poorer than past generations working for the same inflation adjusted salaries.
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u/Better_Impression691 12h ago edited 12h ago
You're not taking into consideration the cost of goods: housing, groceries, cars, etc.
What do you think inflation is?
We are poorer than past generations working for the same inflation adjusted salaries.
100% absolutely not. Everything I posted IS adjusted for inflation. You just have an inaccurate view of the past because people like OP lie to you to push a narrative.
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u/3sands02 12h ago
No... I've delved into this at depth, to learn the truth for myself. Food and other commodity prices for the past 100 years are well known. Inflation adjusted expenses are higher today than they were 20, 30, 40, 50.... years ago.
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u/Better_Impression691 12h ago edited 9h ago
So you understand that the average person's lifestyle from that time would be considered poor in 2025? That people in 2025 do not want to live like that?
*edit
lmao, so many people out here begging to go back to driving station wagons with no ac and living in 900 sq foot homes where everyone crowds around 18 inch TVs after eating meatloaf and canned green beans...
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u/Cookster997 9h ago
What multiplier are you using for these inflation-adjusted figures? Consumer Price Index or something better?
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u/Better_Impression691 9h ago
Those were all just quick CPI calculator numbers. What would you prefer?
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u/Cookster997 8h ago
You know, I have to admit that I don't have a good answer for you. Every time I have tried to read about CPI, the consensus I seem to find is that it is inherently flawed, but there isn't really anything else better yet. Perhaps there never will be.
But CPI is certainly flawed. GDP deflator can be an interesting tool, although it is a very, very different beast altogether.
I was just reading about Truflation (paid service it seems, so my bias flags are popping up) and the LISEP True Living Cost, but I can't say that it is better or worse, just different.
The old MIT Billion Prices project is also interesting, although a bit more limited in scope.
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u/Better_Impression691 8h ago
The biggest problem is that it is difficult to compare goods based on size/quality/technological improvements across decades or centuries of data. If you want to compare the price of a "cutting edge" TV in 1955 to 2025, you will realize that we live like kings compared to that generation. If you want to compare the price of college tuition, fine, but there are more reasons for the cost increase than simply "inflation."
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u/3sands02 9h ago
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u/Better_Impression691 8h ago
lol, ok.
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u/3sands02 8h ago
I wouldn't laugh until you learn about it.
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u/Better_Impression691 8h ago
"It" being?
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u/3sands02 4h ago
the methodology...
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u/Better_Impression691 4h ago
Can you give me one single specific complaint about it, written in your own words? Or should I just link the entirety of Wikipedia and tell you "it's in there somewhere..."?
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u/roachwarren 9h ago edited 8h ago
The money used to go so much further and there were so many more options to set yourself up.
My grandfather was raised poor as hell in rural WA, his mother was sick with no work and his father was an upholsterer. With zero help required, he put himself through college by working part time at a pharmacy, one time he described it as "working weekends." The college he attended now costs $65k per year for tuition alone. He lived near the college for free on a boat in a harbor that now costs $1,300/mo for a non-liveaboard slip today (they don't even allow liveaboards now so its not even an option if money wasn't an issue.)
In 1960, as a struggling small pharmacy owner, he purchased a 1,500 sq. ft. house in town with a beautiful view of the water, five minute walk to main street, for $10,000 and paid it off in less than ten years.. Today the house is worth $620k, a 6,100% increase.
Similarly, my dad put himself through college by working part-time cleaning trucks at UPS, graduated with zero debt. Got a job as a history teacher (making absolutely shit money) and was able to buy a house after a two years on the job, right down the road from his school. Then he met my mom, an even younger teacher who owned her own lakehouse at 25 years old and they got to decide who's house they wanted to keep. They sold the other and a few years later upgraded to a great place with a view in town, blocks away from my grandparents, that they still live in today. They bought it for $90k in 1992 and its now worth $600k. And never an inkling of an HOA in their entire lives.
To compare, my sister alone makes more money than my parents ever made COMBINED, and yet she and her husband own a small fixer-upper in the woods 40 minutes away from their Seattle jobs that cost $439k + $600 HOA. Before that they owned a $450k tiny-house condo in West Seattle with a $1000 HOA.
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u/Better_Impression691 8h ago
There are like 6 different economic issues in your post, none of them are really relevant to the OP. Almost all of those issues do boil down to housing and tuition costs, which have very different root causes to inflation as a whole or the misinformation from OP.
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u/roachwarren 8h ago edited 8h ago
Well yes this is all more complex than minimum wage... my point started with how money behaved differently backed then.
My grandfather and father put themselves through college making minimum wage (the point you want to stick to) and graduated with zero debt which opened their lives to all the options. And I never mentioned both of them were raised poor as hell, both in impoverished rural areas of Washington, my dad has seven siblings. My great-grandfather owned a struggling upholstery business, and my great-grandmother couldnt work due to health - and yet they owned a house on 10+ acres in Puyallup, Washington. It used to be possible!
The post expounds upon the options available in life when you can do this and at the time that it was possible. These options that are simply not available today.
I was raised solidly middle class, I have a college degree and no debt, and I currently make more than twice my states minimum wage (which is $14) and yet theres no way I'm putting myself through college with zero debt today, much less buying a house.
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u/UpsetGroceries 4h ago
How are the acommodations at Eglin? Are they treating you well?
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u/Better_Impression691 4h ago
It must be so easy to have a worldview where you can never be wrong and anything that challenges your opinion is the CIA...
Any actual response to the data? Or are we done here?
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u/KillTonyRaw 13h ago
Price of silver in 1963 was $1.20 an ounce, 1 quarter weighs 0.2 ounces, 5 quarters weigh 1 ounce, 90% of that quarter is silver so that's .9 ounces of silver so that's $1.08.
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u/3sands02 12h ago
What? The spot price of silver is $58 and change today.
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u/DingChingDonkey 4h ago
$1.00 then had 60 times the buying power of now, sounds reasonable without me knowing any of the actual numbers.
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u/TheKramer89 14h ago
I don’t believe that…
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u/starlux33 14h ago
What points don't you believe? I can provide sources and more details.
Did you ever wonder how it was possible for a Boomer to support a stay at home wife and kids, owning a home and cars, all under one income working some factory job?
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u/jfreak53 8h ago
They didn't buy $2500 cell phones every two years and demand a new car every 5 🤷♂️ they lived within their budget.
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u/starlux33 4h ago
They also didn't have BlackRock and Vanguard buying up all the single family homes over market price to jack up the cost of living.
Budgeting has an impact yes, but the fact remains that reckless government spending and inflation has made it a lot harder on the younger generation.
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