THE RECESSION THAT NEVER ENDED

Question

THE RECESSION THAT NEVER ENDED

Here is something to think about:

As some of you already know, the value of gold stays pretty constant through history.
When you compare salaries from roman times to todays times you can see that it corresponds to about everything from $3000 (worth of gold per year) to $20000 (worth of gold per year)
which is roughly what you'd get today in many poorer countries.

anyway. picrelated is a chart which compares the SP500 worth in gold to the SP500 worth in US Dollars.
if you believe that gold is a superior currency which basically has no inflation, you will agree that things ought to be valued in gold.

you'd agree that houses, stocks, cars and everything else should be measured in gold.
MEASURED IN GOLD WE HAVE BEEN IN A RECESSION SINCE 2000.

removing the gold backing of the US dollar was the biggest scam ever permitted.

the value of gold stays pretty constant through history.

It doesn't.

Yeah but if I measure value in gold how can I wage wars in middle east and plunder goy savings/house value?
Gotcha.

It does.
source:

papers.ssrn.com/sol3/papers.cfm?abstract_id=2078535

you cant.
its the biggest scam ever.

watch the fiat shills crawl out of the woodwork.
they get paid in printed dollars.
these shills would never exist if they were paid in gold because no one would stupid enough to give them a salary.

same with gibs, all the gibs that is given to non-nationals in europe would never be given if it had to be gold.

they are slowly destroying everything and giving you an illusion of a rising market.

if you value stocks in gold, you can quickly see what companies are actually creating value or not.
APPLE does, Microsoft kind of does, but MSFT is just about reaching the level (in gold) of 2000.

Pointless comparison unless you can live for thousands of years. People live on the scale of decades and gold has gone into a slump for 50 years or 10 years. I'm not against gold but there has been real growth in the quality of people's lives since whatever before time you are talking about. Your own graph shows the spx is up compared to 2011 (aka recession times) and proves it (potentially) can go so much higher.

I agree, from day to day yes, but on a 20 year horizon or 40 years, its mostly fake.
very few companies actually create value.
also since everything becomes cheaper to manufacture due to the availability of technology most companies just ride the wave so to speak.

the central banks are fucking with you and you refuse to accept it.
they are buying gold all the time while you do not.
you prefer to use monopoly money.

bitcoin will perform because it has actual scarcity,
gold will always be a good preservation of value.
good companies will always create value.

the gold standard was finally killed in 1971 and after all these years you are still wondering why everyone is complaining about wages.

AND THIS IS WHAT BUGS ME THE MOST:

Considering how everything is cheaper to make these days.
Planes, cars, we have computers to do the calculation work of millions of people, we have robots that assemble everything.

Considering all the progress in manufacturing, why am I not able to buy my private cessna airplane for cheaper than 50 years ago? why is it more expensive??
Fucking hell, I should be able to buy a car 10 times cheaper now, than 50 years ago.
the factories are throwing out products at a pace never before seen and shit is still expensive.
Well, the problem is your fake money.

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Are ya really still rambling?

yes,
I exercise my God-given right to ramble.

Unfathomably based. Please continue.

Please continue. I will incorporate everything you say into my persona.

As to why productivity gains are not reflected in prices or salaries I think it boils down to this:
The elites (the 0.01% or even 0.001%) simply do not want to lose grip on humanity (why would they?)
If people realized the age of abundance we could already be living in, people would revolt and stop working.

Technological progress has indeed been disastrous to the human race in many ways and the only way we can salvage this imho is to actually profit from the abundance of productivity and say no to the jewish subvertion of our labor and our currency.

The amount of labor and the compensation that is used (money) are the most important factors which decide your quality of life, how much time you have with your family and whether or not you will die a natural death or a painful pre-mature death.

Bring back real capitalism with a real currency. What we have now throughout the world is neither communist nor capitalist.
Its a bunch of jewish tricks. They call it keynesianism, mmt or what not. The central banks are literally killing us.

You make value, companies make value,
not the government or the central bank. They only leech off your sweat and blood.

make sure you include dividends

. What we have now throughout the world is neither communist nor capitalist.

What we have is "state-sponsored usury" to use the words of E. Michael Jones. This is the realist capitalism you can get.
Labour is the source of all value.
What we do need is a morally responsible economic policy with distributism in mind as well as proper understanding of where the value actually comes from.
Retard libertarians coming in 3.. 2... 1...

We decoupled from the gold standard in 1971 and everything's gone downhill since then

yeah sure anon maybe previous generations could afford housing and education and have a family on a single salary but orange you glad we have smartphones and onlyfans now? Doesn't that make it worth it?

No

the quality of life growth is offset by the fertility collapse / extinction, what the fuck does quality of life matter if we are then extinct and displaced by foreign third world hoards of sub humans

they get paid in printed dollars.

Contrary to popular belief the fed reserve actually does not print extra money but give themselves x amount then spend it on assets in the US to stimulate US spending.

The US economy relies on consumer spending. The only people who want to return to the gold standard probably stockpiled gold hoping that it'll go up in times of uncertainty.

good companies will always create value.

yeah but what if I dont want to invest in companies ran by pedo elite or do things like put aborted fetus cells in their goods? how am I supposed to earn passive yield on my stack if I dont like how a lot of companies are run in the sp500? just dont put money there at all and buy gold?I will never buy crypto btw.

the result is similar. it makes no sense. its a scam.
also, when they lower rates to save the economy, people borrow like there is no tomorrow, then with that money, they go buy a bunch of stuff and then some smug fucks make a GDP chart, say that "it goes up" and call it a day.

its all just a bunch of fuckery.

its all just a bunch of fuckery

It's beyond fuckery it's outright attack on human life.

Gold in an of itself is not an investment.
Its just there to conserve value.

I never said you should put your money in the SP500, I am saying the contrary. the SP500 is mostly stagnant when compared to gold.
Same with real estate, there is no "bubble" in real estate when you count in ounces of gold.

There are very few companies that actually create value.
You have ASML for one.

Bitcoin is one of the most obvious cases where there is scarcity, it enables borderless transactions, it really is revolutionary. You wont pay your coffee with it but it is still more fungible than many other things.
Its basically backed by math.
That is also why the elites dont want you to understand mathematics, they are dumbing down the future generations with common core so they can get scammed more easily in the future and never realize the potential of Bitcoin (for example).

Anon, its a tough choice.
One thing which usually works is to invest in things that enable leaps in productivity.

Unfortunately, I fucking hate AI so I will never invest in that shit.
Even there, the creation of value is not evident since AI is mostly recycling value and knowledge into a bunch of crap that makes no sense when put up against scrutiny.

Check out ASML at least.

Take Apple for example.
They sold so many iphones, it seriously pumped the stock but what is the real gain for us as people?
The world has arguably become worse since the release of the iphone
Rampant egoistical obsession with selfies, youth addicted to crap like tiktok etc.

in terms of stock price, sure but when people start to realize the negative of what they did, I sincerely believe it will be reflected in the stock price, downwards.

We know. But you're right it can't be said enough. Looking at GDP in XAU shows how long we've been in recession

Gold is great for your 400 year portfolio. It's a moderate hedge against inflation.better than crypto.

No,
Gold is not an investment.

It should however represent "cash"

When you take profits, those profits should be used to buy gold.

What makes me absolutely sick to my stomach is idea that somehow a house should be bought as an investment.
I'm flabbergasted, at what point and who started to think that house, a fucking shelter, a fucking roof above your family's head, is a luxury and you need to take 35 year mortage with 15% down payment at 6.99% to be able to call it "your own"? My grandfather's daddy made shoes from scraps he was that poor yet somehow had a piece of land and a fucking house.
Whaaaaat the fuck man

do you realize we have an advanced society with advance technology thanks to businesses being able to get loans to fund their ideas

Nigger we had that for fucking ages motherfucker.

its fucking crazy, yes

technology has nothing to do with the kike scheme. besides, most of the most important innovations were made BEFORE they removed the gold standard.
tiktok is not innovation. a digital processor is. most of the advancement in computing was done at DARPA anyway, funded by unlimited tax money anyway.
the groundwork for what you consider advancement was already laid out.

taking out a loan to fund your car repair garage business is not innovation, its just a business that needs funding.
having to take out a loan to have somewhere to live is not innovation, its just basic shit thats so out of reach that you have to take a loan.

fiat is a scam. they just want YOU to work your ass off for scraps and die poor and sick.
thats all you need to understand.

TOTAL NIGGERTRANNY DEATH

It's infuriating. My boomer parents keep trying to get me to trap myself in a mortgage and I'm like fuck that. Why the fuck would I want bury myself for 10-20 years in debt? "Houses never go down! It's an investment. You're wasting your money renting." How am I wasting my money on rent when it allows me to live on my own and provide shelter for myself? Plus I don't even have a family. Never had a gf. Wtf is the point in anything nowadays?

What's the best strategy? I'm already debt free and avoid using the debt system as much as I can. I don't have any credit cards. I pay cash for everything. Seems like you can't get far ahead unless you use their debt system. What do I do? Buy gold and btc and hope everything works out? I'm already doing that but it all seems so tiresome and nothing seems worth it nowadays.

Boomers don't understand compound interest. They have zero fucking clue on what it means to pay 7% on 250k loan. You build fuck all equity and most of the money you make goes off to pay an usurious charge that does nothing but harm you, your family and society at large. It's fucking unnatural yet we all meant to accept it as a normal thing kinda like "duh bro what would you rather hav gommunism like wtf man".

i dont know but when looking to fundamentals BTC is very very good.
you are still early. most people dont have any. they can't be printed (unless you buy derivatives, paper bitcoin, etfs or whatever else boomer scam the kikes will invent).
when you can, get gold on the side.

no one fucking knows but BTC is a good bet in the long term
when you understand the fundamentals.

of course, never underestimate good companies.

You’re correct and yet there’s nothing that can really be done about it. The social engineering aspect of population management has gotten too powerful and continues to grow in strength.

You can always assume the stance of being in this world but not of it.

needless to say, if you dont dollar-cost-average when going into bitcoin, you will have a very rough ride. even if it immediately takes off for another 6 months, it can still go down a lot during a whole 12 months after the peak.
its really crazy but absolutely must be a long term bet. if not, just leave it be or just close your eyes and dont come back for another 7 years or something.

silver can't be printed either and look how that turned out. I think it's foolish to believe the same won't happen to bitcorn. I dont trust any inflow data whatsoever. it's not on the blockchain, is it?

Good is Jewish scam that’s why so many Jews have “Gold” in their name

TOTAL NIGGERTRANNY DEATH