Real World Event Discussions
I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 54 of 84
Thursday, February 16, 2023 6:32 PM
Quote:Since when is making $100,000 per year a lot of money? You probably never heard of the book: Getting by on $100,000 a Year (and Other Sad Tales) from September 10, 1980 by Andrew Tobias.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:Quote:6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed.
Originally posted by 6IXSTRINGJACK:
GO JOE*!
I might have had poverty wages in the few years that I've worked since 2010, and zero income for the rest of them, but I don't live in poverty.
I'm the wrong person to be giving financial lessons to.
Save it for all those people making 6 figure incomes who are whining about inflation right now, m-kay?
https://www.amazon.com/Getting-100-Year-Other-Tales/dp/0671255185
I have that book, by the way. It taught me that Americans didn't have to be stupid about money. Well, now it is 43 years later and, except for yourself 6ixStringJack, and for other rich people, Americans are stupider and fatter than they were in 1980. Maybe they should read some of Andrew Tobias' other books? For free:
https://libgen.unblockit.bio/search.php?&req=Andrew+Tobias
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Thursday, February 16, 2023 7:49 PM
Quote:
Originally posted by second:Quote:Since when is making $100,000 per year a lot of money?
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:Quote:6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed.
Originally posted by 6IXSTRINGJACK:
GO JOE*!
I might have had poverty wages in the few years that I've worked since 2010, and zero income for the rest of them, but I don't live in poverty.
I'm the wrong person to be giving financial lessons to.
Save it for all those people making 6 figure incomes who are whining about inflation right now, m-kay?
Since I live on $7k per year even under Bidenflation, and if I were to be making $100k per year from now until the official retirement age I'd have a couple Millions saved up after living expenses and taxes, even if I didn't invest a single cent of it and chose instead to bury it in coffee cans in the forest.
This is what YOU don't understand when you keep talking to me as if I'm a poor person. My imputed income far outpaces any income that I have made in any of the part-time jobs I've held from time to time since I got laid off from my good job. (And I would say it's a pretty safe bet that with the price of goods and services today that it actually rivals my actual income from the last good job I held until early 2010).
In fact, before I even knew what imputed income meant when I was working overnight at KMart, I'd tell the other smokers on break that I made far more money per hour rolling my own cigarettes than any of us were making working there.
Look up imputed income. Learn something.
If I were to even take a full time job making a lowly $35k a year right now until the day I officially hit retirement age, I'd have an extra half a million bucks buried in coffee cans, let alone whatever I had additionally saved up in a 401k to get that company match money that I wouldn't be leaving on the table, as well as a sizable bump to my Social Security checks when I start taking them.
Your problem here is that you don't put any value on what people can do with money after they've made it and paid taxes on it. In many respects that's far more valuable than how much you make up front... if you do it right. Which I do.
And that's why so many people making over $100k are living paycheck to paycheck, and I've gone 13 years now with roughly only 5 years of working part time jobs and not only am I not living paycheck to paycheck, but I haven't even had a paycheck now for 3.5 years and I have no worry about how I'm going to pay my power bill or how I'm going to put food on the table.
But I'm glad that most people don't do this, because the American Economy runs on consumerism and credit card debt, and if everybody who was in a position to do so started living like I do our economy would look so bad a few years from now that we'd be wishing for the shit economy that Democrats and Joe Biden* have delivered to us in the 2020s.
Long story short, the above reply is why I feel that making $100k is a lot of money. Because if I were making $100k a year right now in my current situation I would have the freedom to live like a rich playboy jagoff making a hell of a lot more than $100k per year if I so chose to...
Which I wouldn't.
After about 6 months of working there, I'd probably get me a nice new pickup truck and pay for it with a duffel bag full of cash though, to be honest.
What a thrill that would be, huh?
--------------------------------------------------
Growing up in a Republic was nice... Shame we couldn't keep it.
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Thursday, February 16, 2023 8:33 PM
Quote:Wage-earning men made an average of $11.16 per week in 1905. They felt in 1905 as rich as you do, 6ix. But what does that mean, 6ix?
Originally posted by 6IXSTRINGJACK:
Learn something.
If I were to even take a full time job making a lowly $35k a year right now until the day I officially hit retirement age, I'd have an extra half a million bucks buried in coffee cans, let alone whatever I had additionally saved up in a 401k to get that company match money that I wouldn't be leaving on the table, as well as a sizable bump to my Social Security checks when I start taking them.
Your problem here is that you don't put any value on what people can do with money after they've made it and paid taxes on it. In many respects that's far more valuable than how much you make up front... if you do it right. Which I do.
It means people lived well in 1905 without many things. They could do that in 2023 and get by the same as in 1905. Personally, I spend like it is 1905, except for my Ford Lightning. Oh . . . I love my electric toy car. Zoom! Zoom! But they did have electric cars back in 1905, too.
Prices and Wages by Decade: 1900-1909
https://libraryguides.missouri.edu/pricesandwages/1900-1909
Why everyone wanted an electric car in 1905
https://archive.curbed.com/2017/9/22/16346892/electric-car-history-fri
tchle
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Thursday, February 16, 2023 8:56 PM
Quote:
Originally posted by second:Quote:Wage-earning men made an average of $11.16 per week in 1905. They felt in 1905 as rich as you do, 6ix. But what does that mean, 6ix?
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:Quote:Since when is making $100,000 per year a lot of money?
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by second:Quote:6ix, if you don't want to live in relative poverty, you have to understand, really, how America was designed.
Originally posted by 6IXSTRINGJACK:
GO JOE*!
I might have had poverty wages in the few years that I've worked since 2010, and zero income for the rest of them, but I don't live in poverty.
I'm the wrong person to be giving financial lessons to.
Save it for all those people making 6 figure incomes who are whining about inflation right now, m-kay?
Since I live on $7k per year even under Bidenflation, and if I were to be making $100k per year from now until the official retirement age I'd have a couple Millions saved up after living expenses and taxes, even if I didn't invest a single cent of it and chose instead to bury it in coffee cans in the forest.
This is what YOU don't understand when you keep talking to me as if I'm a poor person. My imputed income far outpaces any income that I have made in any of the part-time jobs I've held from time to time since I got laid off from my good job. (And I would say it's a pretty safe bet that with the price of goods and services today that it actually rivals my actual income from the last good job I held until early 2010).
In fact, before I even knew what imputed income meant when I was working overnight at KMart, I'd tell the other smokers on break that I made far more money per hour rolling my own cigarettes than any of us were making working there.
Look up imputed income. Learn something.
If I were to even take a full time job making a lowly $35k a year right now until the day I officially hit retirement age, I'd have an extra half a million bucks buried in coffee cans, let alone whatever I had additionally saved up in a 401k to get that company match money that I wouldn't be leaving on the table, as well as a sizable bump to my Social Security checks when I start taking them.
Your problem here is that you don't put any value on what people can do with money after they've made it and paid taxes on it. In many respects that's far more valuable than how much you make up front... if you do it right. Which I do.
And that's why so many people making over $100k are living paycheck to paycheck, and I've gone 13 years now with roughly only 5 years of working part time jobs and not only am I not living paycheck to paycheck, but I haven't even had a paycheck now for 3.5 years and I have no worry about how I'm going to pay my power bill or how I'm going to put food on the table.
But I'm glad that most people don't do this, because the American Economy runs on consumerism and credit card debt, and if everybody who was in a position to do so started living like I do our economy would look so bad a few years from now that we'd be wishing for the shit economy that Democrats and Joe Biden* have delivered to us in the 2020s.
Long story short, the above reply is why I feel that making $100k is a lot of money. Because if I were making $100k a year right now in my current situation I would have the freedom to live like a rich playboy jagoff making a hell of a lot more than $100k per year if I so chose to...
Which I wouldn't.
After about 6 months of working there, I'd probably get me a nice new pickup truck and pay for it with a duffel bag full of cash though, to be honest.
What a thrill that would be, huh?
It means people lived well in 1905 without many things. They could do that in 2023 and get by the same as in 1905. Personally, I spend like it is 1905, excNOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Friday, February 17, 2023 3:24 AM
Quote:$1 in 1905 is worth $34.00 today according to https://www.in2013dollars.com/us/inflation/1905?amount=1
Originally posted by 6IXSTRINGJACK:
In that booklet, there are 331 "industries" that they recognize Americans worked in in 1905 (Page 16). However, when calculating their "Average" they only count 25 of those industries. (Page 17, which presents a table that shows the $11.16 number you're claiming).
https://babel.hathitrust.org/cgi/pt?id=nnc1.cu56779232&view=1up&am
p;seq=21
$11.16 per week (in 1905) * 52 weeks per year * 34 dollars (2023) per dollar (1905) = $19,731 per year
Answer: $11.16 per week in January 1905 has the same buying power as $19,731 per year in January 2023.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Friday, February 17, 2023 4:26 AM
Quote:
Originally posted by second:Quote:$1 in 1905 is worth $34.00 today according to https://www.in2013dollars.com/us/inflation/1905?amount=1
Originally posted by 6IXSTRINGJACK:
In that booklet, there are 331 "industries" that they recognize Americans worked in in 1905 (Page 16). However, when calculating their "Average" they only count 25 of those industries. (Page 17, which presents a table that shows the $11.16 number you're claiming).
https://babel.hathitrust.org/cgi/pt?id=nnc1.cu56779232&view=1up&am
p;seq=21
$11.16 per week (in 1905) * 52 weeks per year * 34 dollars (2023) per dollar (1905) = $19,731 per year
Answer: $11.16 per week in January 1905 has the same buying power as $19,731 per year in January 2023.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
Irrelevant to any point you're trying to make and what we've been talking about today.
Also, false. Half the shit you could buy today didn't even exist in 1905, and half the shit you could buy in 1905 you couldn't buy today. Prices of various goods and services have increased at far different paces than other goods and services have in the last 120 years, and the means of production of everything we consume is completely different, so it wouldn't even be possible to sustain the lives of 8 Billion people with the technology at our disposal 120 years ago.
There is no possible way to even legitimately compare the value of a dollar today vs 120 years ago because the lifestyle we live would be so alien to the people of 1905 that we might as well be Klingons.
--------------------------------------------------
Growing up in a Republic was nice... Shame we couldn't keep it.
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Saturday, February 18, 2023 3:27 AM
Wall Street Journal: To Save Money, Maybe You Should Skip Breakfast
https://www.wsj.com/livecoverage/cpi-report-today-january-2023-inflati
on/card/to-save-money-maybe-you-should-skip-breakfast-fSd6mz0miaAPhUFb2jgy
Fuck You, CUNT.
Before you skip breakfast, cancel your WSJ subscription.
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Growing up in a Republic was nice... Shame we couldn't keep it.
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Sunday, February 19, 2023 2:48 AM
LGBTQ
Let's Go Brandon Thought Quashers.
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Sunday, February 19, 2023 10:35 AM
Quote:
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by SIGNYM:
So, speaking of inflation... Food IMHO has gone up about 25 pct. Gasoline about 30pct. All somewhat painful when you're on a fixed income.
But have any idea what our HEATING BILL was last month??
-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake
My heating bill was $108 last month... Down about $50, but electricity was higher too so the bill was only about $35 cheaper than last year. But that's only because because I keep it just a little warmer than I need it to be to keep the pipes from freezing.
Good thing nobody drives coal burning cars around here or Electricity would have been $500 for the month.
I don't drive much, so the gas hasn't hurt me too badly. Most of my food was bought before Bidenflation made food prices insane, so I've only been stuck paying them on perishables up to this point.
But the sticker shock is getting pretty bad. I can only imagine how hard it is to be poor and not have a lot of reserves built up when you're living in Biden's America.
I just got my gas bill for the month.
$67.00! That's the cheapest February bill I've had in 12 years.
It was $142.00 last year.
The electric/gas combo was down over $80 over the same month last year, despite the price increases, so now I've solidly given the power company over $100 less than I did last winter.
Get fucked, power company.
THIS is how you get stuff done, Second. Instead of just bitching and moaning about everything all the time like you do.
--------------------------------------------------
Growing up in a Republic was nice... Shame we couldn't keep it.
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Monday, February 20, 2023 2:42 AM
That was premature. The actual bill hadn't been printed up, and I didn't realize that when you go back through your usage/history they only show the pre-tax figures.
The actual cost was around $73 for gas this month. But the $142 I paid last year would have also had taxes added to it so it's more or less the same.
So $153 for both gas and electric, compared to $234 last year. Not too shabby. 
--------------------------------------------------
Growing up in a Republic was nice... Shame we couldn't keep it.
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