Cost of Living Now vs. Then

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It's funny how things change with fiat

When your money is constantly being debased, the value of that money has to keep going down and down and down.

Things don't go up in value, the money you hold loses value.

We all know this but sometimes it's really shocking when it smacks you in the face like this.

A cost of living chart back from 1938:

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(Source: https://twitter.com/Bitcoin/status/1332385115524141056/photo/1)

Has a house really gone up 100x in value, or has the money used to buy it lost 99% of it's value?

Has a movie ticket really gone up 50x in value or has the money used to buy it lost 99% of its value?

Pretty shocking when you see it right in front of you like this.

The one good thing coming from this is that who cares if there is a coin shortage, we will never be able to use coins to buy anything ever again anyways with money losing value year after year!

It is crazy to think how many things you could purchase with the coins in your pocket almost a century ago.

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4 comments
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Every dollar of coins in your pocket is a dollar out of the pockets of the banksters that own the fed.
They have to buy them at face value from the treasury.
1982 and older pennies are worth 2 cents.

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Lol at "coin shortage" That's just propaganda for a cashless society

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A cashless society is one of my worst nightmare. Whem we will no longer be able to use cash it's bye bye time to any sort of privacy and financial freedom we once used to have. The internet will connect everything and everything will be under the control of government, government that is under the control of banks. Talk shit about the government or try to obey something and you can end up being banned from all sort of things.

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That is a scary world indeed.

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