Why is everything so expensive?

[Anonymous No.20556616]

Everything is expensive... Crypto... gold and silver... stocks... real estate. How the fuck is a poorfag supposed to cope in these times? Even fucking FOOD is expensive. Tried buying a steak from the supermarket lately? Some cuts cost as much as a new videogame. this is insane.

How do poorfags cope?

[Anonymous No.20556686]

>>20556616
just kill yourself op

[Anonymous No.20557082]

>>20556616
>How the fuck is a poorfag supposed to cope in these times?
>Wants to buy steak

You are trying to live outside of your means, bro. Stop doing that. Evaluate how many monthly automatic purchases you have, how much you spend on entertainment and shit. I buy 0-1 video games per year and eat at a restaurant once per 6 weeks. I make ~74K per year.

[Anonymous No.20557804]

>>20556616
Maybe get a job instead of being a neet

[Anonymous No.20557869]

why aren’t wages expensive, shits fucked

[Anonymous No.20557872]

>>20556616
it's not
you have to analyze it in the context of compared to what

for example you can buy 1% of circulating supply of CAP for only $36k

every CT influencer is accumulating it and waiting for the beta launch to start shilling it
get in before that and you will make an easy 100x faster than you think

proof
>>20554954
>>20554954

[Anonymous No.20558140]

>>20556616
yeah i noticed this too man. if you learned anything about our money system the first thing you notice is it makes you keep working. $100K is a good amount in 1995, but in 2020 you cant get shit with the same amount.

[Anonymous No.20558233]

>>20556616
>buys steak,
eat canned tuna you stupid fag

[Anonymous No.20558302]

>>20558233
canned tuna is pretty expensive....

[Anonymous No.20558604]

>>20556616
gold and expecially silver aren't expensive they are priced at historic lows, crypto is also cheap if you believe they will be adopted
what are you talking about anon, and food isn't an investment just buy bulk proteine its dirt cheap

[Anonymous No.20558685]

>>20558604
gold and silver are at ath

[Anonymous No.20558824]

>>20557082
Poor mentality lmfao 6 weeks once at a restaurant bro wtf live a little

[Anonymous No.20558844]

>>20558140
I wish I had 100k right now

[Anonymous No.20558885]

>>20556616
You were born into the slave caste. You need capital to make capital unless you get extremely lucky which is why people here are obsessed with crypto

[Anonymous No.20558895]

>>20558685
silver isn't in absolute value
in relative value measured against share of s&p 500 or real estate precious is at near all time lows

[Anonymous No.20558923]

>>20558895
isn’t the supposed advantage of PMs that they hold their value relative to other assets over time?

[Anonymous No.20558977]

>>20558844
same here man, but its really not going to get you anywhere. back in 1995 you could buy a house with that amount (that same house is probably worth 200k-300k now). 100k will get you a house in the middle of bumfuck nowhere, probably filled with meth addicts.

[Anonymous No.20559053]

>>20558923
over very long times or during times of general distress
during times of economic good times productive assets gain more
the recent money printing has pushed stonks to rather ridiculous highs and precious to lows, expectations are both shall return to more historic averages
but it isn't in dispute that during the giant bullrun of ~1982 to present day stonks were the best bet

[Anonymous No.20559117]

>>20556616

OP: All you have to do to get rich is buy GDXJ, SILJ, and possibly some small-cap miners if you feel like it. I promise you that. Look at the stocks which I recommended last month, and how they are doing today, one of which is up 500%; look at the ones which I recommended this morning. Callinex up 16%, McEwen Mining up 10%, Silver One up 20%. >>20541021 You can see that everything which I have predicted so far has come true. I have been warning /biz/ to buy PMs and miners for months. (ttps://i.warosu.org/biz/thread/19669109.) I have no other intention but to help people.

>>20558923

See Mike Maloney's video on wealth cycles, or George Gammon's videos on this subject. You get rich by buying something when it is cheap, and selling it when it is expensive. PMs, right now, are clearly ending a bear market of cheapness, and entering into a bull market, owing to our present financial conditions. We are still at the bottom of this run.

https://www.youtube.com/watch?v=l-knwwD-PZc

PMs hold their value roughly speaking, but sometimes they go over it, sometimes under. We are at a historically undervalued period, because of government manipulation, both on the futures markets and with respect to Q. E. The ponzi-scheme is falling apart as we speak. The COMEX is collapsing, because Eric Sprott is taking delivery of $1.5 billion of silver which they do not have. The banks are in an utter crisis. Real yields are negative, and high inflation is coming. Get into silver now before it is too late.

[Anonymous No.20559182]

>>20558685

This is the direct opposite of the truth. Gold has to get to $5000 before it reaches its $1900 nominal peak in real terms, and silver has to fall from its current ratio of gold-silver 1:90 to at least 1:50, and possibly even as low as 1:12, before precious metals have achieved fair value. And the miners are even more undervalued than the metals themselves.

[Anonymous No.20559434]

>>20556616
The Join the other crazy marxists who have convinced themselves that robbing the rich is morally justified.

[Anonymous No.20559447]

>>20559117
you still have to be carefull on anything that isn't phys
as i have said here before repeately i see them nationalise the precious markets in the west to prolong to ponzi for a few years

do you really think JPM is going to bid up to 10k and a blowjob per ounce to satisfy contracts or do they just use a .gov sanctioned default to screw over their clients and null all outstanding contracts
junior miners will have to accept gov dictated price controls or go bancrupt due to no cashflow

[Anonymous No.20559534]

>>20559447

Mines are in danger of nationalization in the medium- and long-term only. Especially in places like Canada, which have sold all their gold reserves. The way to obviate the danger is to diversify. Buy companies in many jurisdictions. SILJ is overweighted in Mexico, and has few Australian miners, but my list of small-caps has mines in Romania, Guatemala, Peru, Argentina, Brazil, Russia, Mali, etc., etc. In the short-term, miners offer enormous leverage, and will allow a person to buy 10x more bullion than he ordinarily would. But everybody, of course, should hold bullion also, in case of a sudden catastrophe and failure of the entire system.

[Anonymous No.20559586]

>>20556616
You can have cheap meat if you want. Just eat dog food.
If you don't have bread, eat cake, poorfag.
Why would you want to buy steak anyway. Insects for you, peasant.

[Anonymous No.20559620]

>>20559534
i concur that is a pretty based strategy if you are doing active management of your portfolio

if you are passive however be carefull of junior miners

[Anonymous No.20559643]

>>20558824
Poor mentality lmfao spend money as soon as you get it. Loser

[Anonymous No.20559730]

>>20559434
The same richfag that extract and accumulate wealth ffrom their wagies, only to make them pay rent and delocalize to 3rd world shithole so that they can extract even more wealth from even cheaper wagies, while saying :

>Just be born rich bro.
>Just work harder you lazy scum bro.
>It's your fault if you can't find a job bro
>It's your fault if single income household isn't enough anymore bro.
>It's your fault you can't buy a house while your grandparents could for less work bro.
>It's your fault being overqualified only grant you acess to burger-flip jobs bro.

Fuck your rich bootlickers, I swear to god that the countries of the west don't fall in a race war, if it can permit class war, yellow vest styles.

You fucking cucks. I hope you guys are at least rich.
>You're just a commie bro.

[Anonymous No.20559765]

>>20559730
You had 3 years.

[Anonymous No.20559780]

>>20556616
have you tried to stop being poor?

[Anonymous No.20559798]

>>20558302
It's like a buck a can.

[Anonymous No.20559835]

>>20559730
Obviously this, but at a certain point, it's not even worth it to make them notice. Just have fun with them.
Time will reveal the true nature of this system. Just be patient.

[Anonymous No.20559916]

>>20559835
You are all anarcho communists. Socialism has always historically turned into communusm. Communusm always devolves into a giant human rights disaster. There will always be the rich and the poor. Taking it from the rich by way of government will always result in the few corrupt government officials with all the money.

[Anonymous No.20559938]

>>20556616
Have sex incel. The ID tells you so.

[Anonymous No.20559944]

>>20559534
>in case of a sudden catastrophe and failure of the entire system.
a ludicrous scenario if you live in the US, one that wouldn’t be resolved by holding PMs to begin with
>>20559117
I get that you’re a shill for miner stocks, but they haven’t performed any better than other speculative stocks. “Wealth cycles” are 100% charlatanism
>>20559182
you mean PMs have to inflate with the rest of the fiat

[Anonymous No.20559982]

>>20559835
>anarcho communists
>the few corrupt government officials with all the money.
???

[Anonymous No.20560044]

>>20559944
>a ludicrous scenario if you live in the US
he says while there is a maoist rebellion looting us cities while the cucked police sit and watch hoping they don't lose their pensions
this years elections are going to be real interesting as neither side is going to accept the results if they lose
of course not that europe is much better, certainly not

[Anonymous No.20560048]

>>20559916
Armicano centrist bullshit. Are you realising how much you are coping a falling for a such a low iq fallacy ? The only thing I see is that capitalist neo liberalism turn into degenerate post modern ((progressive )) individualism.

>>20559835
I'm really done bro. I'm working hard to make it, but if I fail, I hope to God that I won't have to live a lifetime of this bullshit. I can't even buy a house and neet away.

[Anonymous No.20560055]

>>20559835
>>20559730

[Anonymous No.20560111]

>>20560055
You are the useful idiot of this era, you damn fool.

Now I will go and do my night shift. So i can unirocally buy my first gun. :)

[Anonymous No.20560127]

>>20559944

Everything which you have just said is demonstrably wrong. >>20541635

[Anonymous No.20560172]

>>20559780
Just stop poor bro. Just like wage slave and invest for 50 years lmao

[Anonymous No.20560192]

>>20559938
SEX

[Anonymous No.20560288]

>>20560048
>>20560111
Name one country where socialism worked or shut it.

[Anonymous No.20560299]

>>20556616
Steak is typically outside of my budget and I don't even think it's worth the money anyways. It's too chewy. If I'm going to eat beef, I prefer to use it in a good recipe. You can get a smaller cut of steak and cut it up, use it in a cheap stir-fry or something. Ramen noodles are really versatile for that kind of thing. Rice too.

[Anonymous No.20560319]

>>20556616
Don't worry 100 million more third world immigrants on welfare will solve everything!

[Anonymous No.20560444]

>>20556616
? thats why crypto has decimals so poorfags can jump in? wtf you on about you dont even try faggot

[Anonymous No.20560733]

>lol calm down everything is perfectly fine, you're just a commie

[Anonymous No.20560782]

>>20560733
>people aren't poorer than they were decades ago, you're just a lazy commie

[Anonymous No.20560828]

>>20556616
Have you even tried not being poor?

[Anonymous No.20560856]

>>20560782

[Anonymous No.20560874]

>>20560782
I'm richer than I was two decades ago

[Anonymous No.20561006]

>>20560733
Larger government has never in history solved poverty. No system in history has ever solved income inequality. Only new technology has reduced income inequality historically. You need free markets for new technology

[Anonymous No.20561048]

>>20560733
>>20560782
Looks like things have been pretty steadily getting better for everyone

[Anonymous No.20561155]

>>20561048
Can you actually read the chart you posted?

[Anonymous No.20561188]

>>20561006
Ok anon, can you tell me what caused the wage stagnation? Why did everyone get poorer while the rich got richer?

[Anonymous No.20561239]

>>20560733
The flaw of this graph is that it doesn't take into account the fact that productivity rose because of automation, not better employees.

[Anonymous No.20561324]

>>20560288
Capitalism is shit since the beginning. And socialism only tried, and failed, to fix the shit. I am not socialist by the way. I am for the abolition of political economy. Socialism is just another political economy variant. Now back to Capitalism, it is not working, in case you didn't notice. Now, it's latest development is transforming young males into sexless depressives. Ah yes, there is one positive side of Capitalism unironically. It is currently greatly reducing the fertility rates. It is killing people unironically. But we agree that the earth cannot afford 10+ billion people. Capitalism is greatly reducing the fertility rates.
https://ourworldindata.org/global-fertility-has-halved

[Anonymous No.20561390]

>>20561239
>gdp increases
>your wages don't
You don't see how this could cause any problems?

[Anonymous No.20561464]

>>20558977
i have over 100k right now and it has gotten me precisely fuck all in life besides never having to worry about buying a used car in cash or paying an apartment security deposit

for real big dick money i need a milly or two to buy a house worth living in, customize it, and afford the jewish ass taxes and insurance plans that are a must in this country

[Anonymous No.20561505]

>>20561006
>Only new technology has reduced income inequality historically.
New technology increase the exploitation rate. You can earn more ten years later, but be more exploited. But you don't know the definition of exploitation anyway. Let me explain, not for you, but for the other stupids like you. Exploitation is the ratio between what amount of value you produce, to the amount of the wage you get. If in 10 years, you produce more than 10 years back, but you get proportionally less, you are more exploited.
This is the last people who will support Capitalism, retards who are incapable of making simple divisions. People who just don't get it.

[Anonymous No.20561678]

>>20561048
>capitalist classcuck cant read a chart
Like pottery

[Anonymous No.20561699]

>>20560288

China

[Anonymous No.20561902]

>>20561188
Adjusted for inflation everyone is richer. The very rich just got much richer. Nothing wrong with making money by providing value.

[Anonymous No.20562067]

>>20561390
Obviously it causes problems, but employers aren't going to increase pay when you have 1. mass automation 2. women in the workforce
3. foreigners in the workforce

[Anonymous No.20562144]

>>20561902
So you think that wages stagnating is a myth?

[Anonymous No.20562625]

>>20561505
>New technology increase the exploitation rate.
Wages kept up with productivity even with better tech and automation, it wasn't until the 70s where we saw mass immigration where we saw compensation drop while productivity continued to increase.
This makes sense when you consider that as more people that want to work a job, there's less pressure to increase wages.
In other words, it wasn't new technology that increased the exploitation rate, it was immigration.

[Anonymous No.20562662]

>>20561902
Parenta and grandparents could affors a house (they were 1 years wage) houses are now 10 years wage. We are objectively poorer

[Anonymous No.20562875]

>>20557082
This. I've wasted so much money on vidya and other stupid shit that I lost sight and motivation in how to actually make money.

[Anonymous No.20562923]

>>20558824

yikes bro.. keep wasting your money and stay poor