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Re: Money value
[Re: riverratdm]
#8527386
Yesterday at 08:37 PM
Yesterday at 08:37 PM
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Joined: Sep 2008
NC
bowhunter27295
trapper
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trapper
Joined: Sep 2008
NC
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The biggest problem I see is wages have not kept up with inflation.
I did a comparison of the buying power of the dollar when my parents retired in 1988 to the value of today's dollar.
To have the equivalent buying power of a 1988 dollar, I would have to have $2.56 today. I can tell you there is no way my wages have kept up with that swing.
As hard as its is for me to say, I attribute a lot of this decline in buying power to corporate greed. I know there are other reasons, but this one is hard to ignore. Wages have not kept up with inflation unless you are at the top of the heap. There wages have sky rocketed.
How many lies will people believe before they realize their own idiocy?
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Re: Money value
[Re: riverratdm]
#8527398
Yesterday at 08:52 PM
Yesterday at 08:52 PM
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Joined: May 2011
Oakland, MS
yotetrapper30
trapper
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trapper
Joined: May 2011
Oakland, MS
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Oh sure, let's blame businesses instead of placing the blame where it lies, which is with a government that is continuously devaluing our money by printing it like it's Monopoly money.
Proudly banned from the NTA.
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Or I'll just end up walkin' In the cold November rain
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Re: Money value
[Re: yotetrapper30]
#8527431
Yesterday at 09:25 PM
Yesterday at 09:25 PM
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Joined: Dec 2006
MI
trappingthomas
trapper
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trapper
Joined: Dec 2006
MI
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Oh sure, let's blame businesses instead of placing the blame where it lies, which is with a government that is continuously devaluing our money by printing it like it's Monopoly money. This. As an employer I can say we can only pay more if paid more. Does not happen. Government corruption not corporate greed is the problem. Lately things have been turning for my industry. Push for less foreign supply.
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Re: Money value
[Re: trappingthomas]
#8527437
Yesterday at 09:31 PM
Yesterday at 09:31 PM
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Joined: Mar 2007
McGrath, AK
white17

"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
McGrath, AK
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Oh sure, let's blame businesses instead of placing the blame where it lies, which is with a government that is continuously devaluing our money by printing it like it's Monopoly money. This. As an employer I can say we can only pay more if paid more. Does not happen. Government corruption not corporate greed is the problem. Lately things have been turning for my industry. Push for less foreign supply. X3 Good example here; https://www.wsj.com/opinion/irobot-...Sb&reflink=desktopwebshare_permalink
Mean As Nails
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Re: Money value
[Re: riverratdm]
#8527442
Yesterday at 09:41 PM
Yesterday at 09:41 PM
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Joined: Dec 2011
MT
snowy
trapper
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trapper
Joined: Dec 2011
MT
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Inflation isn't created equal. Assuming it's the same, exact item. No 'new and improved' product price can be very stable.
One pound of potatoes in 2004 was $1.09 and in 2025 a pound is .97¢. so deflation.
You compare a same brand car for those years the cost is substantial more now. It is an item that is and improved so cost/inflation over that time plays a part.
Location where you live, taxes where you live make a huge difference on everything you buy. Utilities necessities in life change from one part of US to another. Supply and demand from day to day year to year effects over all cost/inflation.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Money value
[Re: riverratdm]
#8527459
Yesterday at 10:04 PM
Yesterday at 10:04 PM
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Joined: May 2011
Oakland, MS
yotetrapper30
trapper
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trapper
Joined: May 2011
Oakland, MS
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I took it as him referring more to government corruption/interference than the money supply. An American company bought out by the Chinese due to heavy-handed government interference. Point being government is always to blame, lol.
Proudly banned from the NTA.
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Or I'll just end up walkin' In the cold November rain
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