WWAW with boomers destroying society and sticking everyone else with the bill?

[guest]

This boomer interaction I had with work colleagues and my boss is the funniest summary of them.

We were talking about stuff and I was saying my wage today, for the same job you had at my age, has significantly less spending power - and house prices are 10-20x more expensive, so how can I accumulate wealth the same?

“… your wage is bigger than mine was!” - yeah but the number doesn’t matter, it’s spending power matters.

“… but number bigger!”

then when I tried to explain inflation to them, I picked a random food item as an example, I don’t even eat it often but I just thought it was something they’d all understand, and I talked about the cost of steak. I knew my error immediately and then they all started laughing and walking off smug and proud “… kids today want steak dinners every night! We didn’t have steak dinners back in my day!”

I truly hate them.

More retarded nonsense. We were at about 50% more PPP in constant dollars in 2019 than 30 years earlier, though the last 2 years will lower that some. We're richer than ever on an individual basis, but you know when 6 buck a piece dragon fruits need to eaten over apples because some faggot told you the are good for your glycemic numbers you go broke fast. I'm subjectively wealthy and I still check the 50% off stuff, buy Russell T shirts not Under(over priced) Armour crap and get cheaper hotels when traveling with the kids. I'm not a boomer, but I'm also not an entitled whiny 35 year old that can't understand monetary theories.

 

[NoBacon]

More retarded nonsense. We were at about 50% more PPP in constant dollars in 2019 than 30 years earlier, though the last 2 years will lower that some. We're richer than ever on an individual basis, but you know when 6 buck a piece dragon fruits need to eaten over apples because some faggot told you the are good for your glycemic numbers you go broke fast. I'm subjectively wealthy and I still check the 50% off stuff, buy Russell T shirts not Under(over priced) Armour crap and get cheaper hotels when traveling with the kids. I'm not a boomer, but I'm also not an entitled whiny 35 year old that can't understand monetary theories.

there’s a no boomers rule for this thread, this ain’t your show.

do the decent thing and leave this thread immediately

 

[guest]

I'm fucking sick of working and I've given plenty to social security. I'm not gonna get shafted when I'm old and need it.

Are there any non physical disabilities I can claim and start collecting? I'm in my early 30s and have been paying toward SS for 20 years now.

You filed taxes at 12 lol? How many years and what have you earned? Have you regularly maxxed out? Just curious.

 

[guest]

If you have the stomach and the fortitude to dedicate hours of your life to trying to game the system you can collect. My wife’s cousin is a dirt bag who has been collecting SSDI for years now because she claims an injury from her heroin addiction years earlier, and that’s not even a joke. Apparently you can spend years abusing your body with drugs and then have Uncle Sam pay out for your own bad decision making.

ANYONE CAN DO IT

Again, what can she get if she made nothing? SSDI is good for pensioned firemen and cops who maxxed out yearly and get a 40k SSDI topper otherwise it doesn't function to live on. If you have a spouse still working and you take the SSDI on top of a 60K pension, you're brining in a 100k not working, why the fuck not. It isn't like they're going too thank you for waiting until it's dry.

 

[guest]

there’s a no boomers rule for this thread, this ain’t your show.

do the decent thing and leave this thread immediately

1970, not a boomer, your retarded generation fucked it all up with cheap money and 10% other people's work with the gig shit. Uber, AirBnB, grub Hub, all to serve lazy fucks to stupid to hail a cab, too entitled for a Best Western, and too lazy to cook.

 

[guest]

your 401k and all that shit is worthless, we just pretend it isn’t right now.

No offense, but you're a fucking idiot, dude. You sound like a Tomlinson with this rant.

 

[NoBacon]

1970, not a boomer, your retarded generation fucked it all up with cheap money and 10% other people's work with the gig shit. Uber, AirBnB, grub Hub, all to serve lazy fucks to stupid to hail a cab, too entitled for a Best Western, and too lazy to cook.

you have been instructed to leave this thread and cease your boomer replying. Failure to do so constitutes felony boomer faggotness.

 

[guest]

Stop getting financial advice from your weed dealer child. IT'S ALL WORTHLESS. Invest in yourself become self sufficient or as best as you can. Sure you might be only be delaying the inevitable but it's better than falling for the trap that some magical fairy that only exists on a computer screen will save you.
“Two pounds of wheat for a day’s wages, and six pounds of barley for a day’s wages, and do not damage the oil and the wine!”

Haha, exactly, crypto is a honey pot built on a promise by an anonymous guy. It could be real, but even if it is, it survives on speculation, you can't take delivery of your bitcoin and use it for food or fuel.

 

[NoBacon]

Haha, exactly, crypto is a honey pot built on a promise by an anonymous guy. It could be real, but even if it is, it survives on speculation, you can't take delivery of your bitcoin and use it for food or fuel.

 

[guest]

So since you seem to have all the blame assigned already, explain to me how a finite currency supply addresses real growth with out deflation? Then if that becomes the norm, how does a commodity backed money encourage capital inflow without the aid of deflationary pressures on the currency? Why risk an investment if the money itself grows scarcer and more valuable while it halves prices to address half the money supply held in a wealth hedge. I'm curious to how this would work if it isn't a honey pot.

 

[NoBacon]

So since you seem to have all the blame assigned already, explain to me how a finite currency supply addresses real growth with out deflation? Then if that becomes the norm, how does a commodity backed money encourage capital inflow without the aid of deflationary pressures on the currency? Why risk an investment if the money itself grows scarcer and more valuable while it halves prices to address half the money supply held in a wealth hedge. I'm curious to how this would work if it isn't a honey pot.

It’s gold, do you use gold to buy your every day items? It stores value and hedges against inflation.

 

[Riccardo Bosi]

@covidcumia is a federal informant. Report for glowing and block.

 

[guest]

It’s gold, do you use gold to buy your every day items? It stores value and hedges against inflation.

Oh bitcoin is gold now, because that was bad storing value? WTF are you even talking about, you're clearly in over your head. So bitcoin is not going to replace currency or back it? How do we address not just money and money supply but currency with a commodity that is finite requiring fractionalization to address real growth? The entire reason for the Nixon shock was to prevent gold from becoming what bitcoin is trying to be. Money supply needs to have some link to a greater economy's market value and potential. Bitcoin is touted as a worldwide currency/money by the same people that would hate one world government. It's as bad as that, but you're being lead to believe it isn't, because it appeals to your internal flaw of believing that being first is all that matters to be rich. You want expansion of value from something that has no value because you aren't marketable to create wealth from your labor.

 

[guest]

@covidcumia is a federal informant. Report for glowing and block.

I'm on the payroll. Again, NJ in Ontario, how does that not get noticed. Unvaxxed, ignores covid rules and lockdowns, my whole story glows like a neon sign.

 

[Cumiace]

Not sure if it's a bit, I think it goes without saying this is the most retarded thing I've seen posted on here

Pointing out that Bitcoin is worth half of what it was worth 6 months ago is retarded? Please explain

 

[Riccardo Bosi]

I'm on the payroll. Again, NJ in Ontario, how does that not get noticed. Unvaxxed, ignores covid rules and lockdowns, my whole story glows like a neon sign.

And you're moving Cheese across national borders like it's heroin.

 

[guest]

And you're moving Cheese across national borders like it's heroin.

It's big money, Chicken too, there are a ton of things that you can smuggle worth a lot with minimal risk.

 

[NoBacon]

Pointing out that Bitcoin is worth half of what it was worth 6 months ago is retarded? Please explain

Judging Bitcoin on the last 6 months prices only is the height of retardation

 

[NoBacon]

It's big money, Chicken too, there are a ton of things that you can smuggle worth a lot with minimal risk.

not if you eat it all yourself

 

[guest]

not if you eat it all yourself

Next to you I'm Atlas lol. I can't survive on acai and guarana I'm not a Cardigan wearing waif, I'm built like an Outland trophy winner when white guys used to win it. You're built like Paul Wiemer. I'd worry less about what I eat and more of what you do when you have the shoulder width of a Bombay phone scammer.