this post was submitted on 12 Aug 2026
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[–] MrMakabar@slrpnk.net 5 points 1 week ago (5 children)

Every investment has grown incredibly in price. Stocks, gold and also housing. That is honestly the biggest reason a blue collar workers pay can no longer feed a family of five easily. In the 60s food was actually pretty expensive back then for example. In the US of 1960 a stick of butter would be the equivalent of $27.74 today. However housing was not and that makes up a huge part of current spending, if you do not own a property already.

[–] Aceticon@lemmy.dbzer0.com 4 points 1 week ago (4 children)

That further points towards the idea that it's not Gold going up in price, it's government issued currencies going down in value.

[–] MrMakabar@slrpnk.net 3 points 1 week ago (3 children)

It points to assets being inflated, due to the rich not being taxed properly any longer.

[–] SubArcticTundra@lemmy.ml 1 points 1 week ago

Are you saying that people possess the same absolute amount on a grown piece?

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