My grandpa told me when I was young that before the war he was making $1.25 an hour in the copper mines as a blaster. That was damn good money back then.
The calculations that I have done, I average house today should cost 20,850 Houses are 117 times higher than it should be. 117 times. Think about that.
this is incredible and the numbers are eye-popping but dont even capture the massive deterioration of housing affordability relative to income. back then the ratio of home price to income was around 1.5 but is now in the 4-5 range. diabolical
π¨ FORT NAKAMOTO TIME TRAVEL ALERT: 1944 CALLED, THEY WANT THEIR PURCHASING POWER BACK π¨
π New house: $3,475
π New car: $975
π Harvard tuition: $420
ποΈ Movie ticket: 40 cents
Now? You need a mortgage, two side hustles, and a GoFundMe to survive.
And we produce more now than ever before.
π° FORT NAKAMOTO OFFICIAL VERDICT:
β’ They didnβt just debase the currencyβthey stole your time, dreams, and a Saturday matinee.
β’ Fiat didnβt inflate pricesβit deflated your future.
β’ The lie isnβt just economicβitβs spiritual. You were born into a system rigged to make you poor.
π‘ NEW RULE: Adjust for productivity and your rage should follow.
The past wasnβt βcheapββyouβve just been conned.
β‘ Zaps = rebellion
πͺ Bitcoin = the return of honest money
#FortNakamoto #FiatTheft #BrokenMoney #TimeIsMoney #BitcoinFixesThis #SoundMoney #InflationIsTheft #FiatDelusion #GrowNostr