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/pol/ - Politically Incorrect


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Burn society to the fucking ground
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So why didn't he buy gold back then?
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Oof
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>>543307938
Same reason you dont have any gold now.
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>>543307938
It was illegal until the early 70s for Americans to own gold until the US left the gold standard, a bif reason why the US abandoned the gold standard was because of the the Vietnam War which caused the US to print more currency than was backed by gold
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btw is like saying that because 1 bitcoin was worth 8 bucks 15 years ago the minimum wage 15 years ago was technically 100k per hour because that's what the current price is
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>>543308013
big reason*

Also left out that foreign nations began redeeming their USD en masse for their gold equivalent because they knew there was more USD in circulation than gold to back it, which is why Nxion abandoned the gold standard
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>>543307938
they couldn't but they bought 10 houses
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>>543307836
My boomer parents are friends with one. He's a typical retired boomer millionaire with two houses, a boat, and who takes lots of vacations every year.
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>>543308013
Illegal because of democrats specifically.
>Executive Order 6102: President Franklin D. Roosevelt signed this order on April 5, 1933, making it a criminal offense for U.S. citizens to own or trade gold coin, gold bullion, or gold certificates.
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>how to get rich

>dump every dollar you have into gold

>wait 60 years

Most of us are gonna be dead in 30 years.
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>>543307836
mail used to be respectable. now it's all spam so it's easy for you to scoff.

there wasn't a digital Ben Franklin so email isn't treated with the same respect that the mail was. and now everyone is a slave with no privacy
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Why are wars fought over oil rather than gold? I mean have you seen the reports of the over abundance of gold in Africa?
Shit don’t compute
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>>543308321
>Why are wars fought over oil rather than gold?
because cars don't run on gold
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>>543307836
now how much gold could one buy with $100 in 1869? if you bought then you'd be billionarie right now
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>>543308495
but computers do
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>>543307938
Low IQ
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ITT: Goyim dealing in the real world
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>>543308054
Yup, no one ever mentions how degaull sent a large french fleet to collect frances gold.
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>>543307836

>In 1950, a UK postman employed by the GPO earned around £5 to £7 per week (approximately £260 to £365 a year). Slightly below or near the national average wage at the time.

>£260 to £365 would have bought approximately 21 to 29 ounces of gold at the time.

>At the current spot price of approximately £3,234.75 per troy ounce, 21 to 29 ounces of gold is worth between £67,929.75 and £93,807.75.

>Today the annual Postman wage is £28,000 – £34,000.

Remember what they took from you.
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>>543308018
It's true.
We were all making $300k/hour in 2009, we just didn't know it
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>>543307836
Boomer wage earners were very much richer than current goyim, but the specifci argument in OP is retarded and similar to >>543308018. In addition it is made more retarded by >>543308013 and >>543308139 because gold was price controlled then and nearly illegal to possess. The UK comparison in >>543308961 is more realistic because there did exist a individual wagecuck gold market in England (even then with some price controls).
>>543308741
It certainly was the trigger but it's been memoryholed because it shows what to think of alliance with mutts.
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>>543307836
>won't become a mailman now, citing the gold price

As if you really care, Terence Foodstamp
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>>543307836
they weren't millionaires, we're zimbabwe
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>>543307836
But we're not done yet with inflating the money supply to pay for Israel's wars.
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You guys can bitch and moan for the rest of your lives without ever knowing my anguish.
My great great grandfather was one of the wealthiest men in England during the later half of the 1800s.

Where did all that money go? Nobody knows. Today, I've got about 30 quid in my bank account.
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>>543307836
Boomers have destroyed America.
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>>543307836
>measured in gold purchasing power
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>>543308139
That guy was the biggest kike of all time ever in office
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>>543308018
Bitcoin is not older than human civilization you mouth breathing retard.
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>>543313119
of course i forgot that simple logic doesn't apply to old stuff
gold may have been worth only a few dozen dollars per ounce back in the day but its temporal woowoo field means that it transcends time so ackshully it could've been sold at its 2026 price in 1969 making even the lowest paid wagies millionaires
science beeotch
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>>543307836
>Just hold your gold for 50 years
retard
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>>543307836
and yet the standard of living then was literally poverty tier. House ownership was far far below what it is now, the average person had to rent basic items appliances. (((Hollywood))) were tasked with giving the impression that everyone was rich when the reality was very much the opposite.
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>>543308081
house ownership was far far lower than it is today, Hollywood jews still today give the impression that the US public were rich in their golden era
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>>543308018
Your comparison doesn't make any sense at all.
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>>543308590
computers don't need gold to run on, gold is simply used because it cheap enough as a good conductor, it isn't actually expensive when used in such tiny amounts in a computer motherboard
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>>543308961
BS, no one owned houses in 1950 in the UK unless they were rich. The UK was poor after WW2 hence why the Labour gov built massive amounts of council house in the 40's and 50's. Again another fallacy that somehow everyone was rich when the reality was people were dirt poor and the UK still had rations in the 1950's. It took till the late 60's and early 70's for people to start owning houses.
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>>543314444
it does tho because gold wasn't worth as much because gold now is speculated on and the dollar has lost value. It's a worthless comparison because the gold spot price is not longer linked to the dollar price. So someone earning avg wages then would not be able to buy gold anymore than anyone now hence why no one did. The reality is people then were dirt poor unlike the Hollyjew fantasy of everyone walking around as if they were millionaires.
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>>543308139

It amazes me people think we(The western world) live in free countries. Not allowed to own real currencies even, only monopoly "money".

Its a shitshow. In my country its "allowed" to own gold, but its a 25% sale tax(vat) every time you trade it. Only ezception is bullion Coins. But they can demand to buy those Coins at the currency value marked on them. Meaning the stat can rob you legally of your gold.
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>>543314436
>house ownership was far far lower than it is today,
Not it wasn't lmao you lying faggot. It was orders of magnitude higher.
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>>543308018
So?
The usual pure inflation adjustment/comparison doesn't capture the purchasing power erosion that occurred.

Relative to gold isn't necessarily more accurate but shows the relative cost difference of housing/mortgage payments and cars etc over time
>picrel
>eg avg house price is ~about the same since1945
>cars are cheaper, etc etc
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>>543308209
This. In the meantime they had to just cope with their multiple houses, families and all white societies.
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>>543314837
well I tell you what, this goes back to 1960. If you can find a chart going back further and shows it was higher in the past then post it. Here's betting you won't be able to. I know for a fact in the UK no one owned houses other than the rich before the 1960's.
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>>543314444
to be desu im kinda at a loss to explain it better but i'll try
>once upon a time there was a thing that cost a small amount
>over time the cost of that thing increased
>later on some youngster says hey if my old man had bought that back then he'd be rich today
>i don't accept that the price coulda changed so that must mean he was rich then too
if you can't see the flaw in that reasoning then i doubt i can help you
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>>543307836
Gwok is dis twue
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>>543314975
Giving loans to niggers to buy shacks doesn't matter. Look how it leaked before 2008. The home ownership of white Americans or Canadians was absolutely astronomically higher.
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>>543314847
i guess you're right
whether you price something in dollars or in gold or in bitcoin you shouldn't mix and match past and future prices
and i guess when you look at it from a certain point of view that was kinda my whole fuckin point
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>>543314847
this just shows how productivity scaled through the years.
fact of the matter is that goy have a shittier economic situation now but that fact is mitigated by better tech and production methods.
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>>543315441
>The home ownership of white Americans or Canadians was absolutely astronomically higher.
and yet if you look at the chart in 1995 house ownership dipped to far lower levels than today or before 1995 and it peaked around 2005 and then the sub prime mortgage crash occurred. But isn't it telling that with maybe 65% whites in the US today house ownership is higher than it was when whites were probably 80% of the population 50 years ago? It seems a lot of the BS on /pol/ is built on the fallacy that somehow everything was like a utopia in the past and of course linked to the Hollyjew portrayal of life in the US. This was shipped to the world including the UK after WW2 to push the lifestyle - even tho even in the US it didn't exist until all the monies were collected.
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>>543307938
Because boomers were both greedy and stupid. They spent it all on stupid shit
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>>543307938
had to buy cups, plates, and figurines
their value appreciates!
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>>543307836
Holy shot this is retarded.

That wasn't the actual price of gold retard
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>>543308590
It costs more to fuel a truck than to fuel your computer.
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>>543308013
wtf how were people fine with that?
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grim
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>>543307836
Oh gee? Ya think? Got two degrees and have a lower cost of life than a boomer street sweeper? Bootstraps champ?
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>>543308253
Still it doesn't justify a C-level annual salary, you fucking nigger retard.



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