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| Topic | 82 percent of all wealth generated in 2017 went to the 1 percent |
| darkphoenix181 01/25/18 2:16:48 PM #30: | What really gives money value isn't gold. It is the ability to turn that into food. This is because without food you will die. So to say: FLUFFYGERM posted... So then how do you explain the global economy being worth more now than it was 20 years ago? Or 50 years ago? Or 500 years ago? In terms of circulating currency and also resource wealth. Are you considering how different the buying power of the money back then in relation to being able to eat was? At the end of the day, the person working a 9-5 job is doing so to eat and feed their family and give a roof and comfort from the weather. The price of this changes around drastically and is different depending where you are. For instance, you could say a person making 60k in Cali is making a huge percentage more than people made in Cali during the 80s. But are they really wealthier? Actually, I believe they would barely be not poor and can barely afford a place to live? --- chill02 to me: you are beautiful ... Copied to Clipboard! |
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