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US Politics 6w

mr.cumservative

134

Anonymous 6w

Who decides the amount of money that is evil to posses? Will it scale with inflation? GDP? Relative to the median income?

Anonymous 5w

As bad as the early 1900s were in nearly every aspect of life, at least the wealthy were slightly better. Yeah, they still exploited the fuck out of workers into early graves, but they also had some semblance of decency. They were typically philanthropists and that one dude on the Titanic gave up his seat for a little girl from Steerage (and his wife followed). Of course, that’s also ignoring the one rich guy that only paid his child’s ransom up to the point that it’d be a tax write off

Anonymous

#2 6w

We should take the average of every bank account and double it. Any amount over that should be automatically donated to help children or those with cancer

-1

Anonymous

#3 6w

The average American lives paycheck to paycheck. Putting everyone in mandated poverty will help more children than it helps surely.

Anonymous

#5 5w

That same guy with the ransom also had payphones in his home where guests had to pay to make calls 💀

Anonymous

#3 5w

Like #2 said, the average American lives paycheck to paycheck. Also, in a dataset as large as income, median would be the best measurement of income because of the number of outliers. The median HOUSEHOLD income is in the $80k range, but median personal income would only be about $40,000 (if even that) or around $20/hr.

Anonymous

#3 5w

To put things into perspective, that $20/hr is even less than the $1/hr minimum wage of 1960 when you consider that their coinage was made with 90% silver. $1 in face value of 90% silver coinage is $36.32 in melt value right now. Additionally, using mean as the measurement of average make the avg. income $75,000 per person. Removing the top 10 PEOPLE from that dataset makes it $65,000. Removing the top 1,000 makes the mean drop to $35,500

Anonymous

#5 5w

You are conflating the investment value of silver vs the value of the U.S. dollar (inflation). You can’t compare the appreciation of silver over time to inflation. It’s not equivalent.

Anonymous

#5 5w

This is almost like me saying, I could have bought a bitcoin in 2011 for $2. That means my $2 are worth .000001 cents today because bitcoin has gone up so much.

Anonymous

#5 5w

The value of U.S. currency is not equivalent to the material it is made of, it’s completely separate.

Anonymous

#7 5w

I completely agree with your analogy; I just have to say, it would be more comparable if you said “my $2 are worth $100k today” or whatever 1 bitcoin is now.