WaldoStacker 2 years ago

Charts for Pre-Coiners™️ For most of the 20th century, the share of income flowing to the top 1% in the US was falling. In 1971, the pattern reversed and has been rising ever since. If you're not in the top 1%, you've been experiencing the opposite trend. Got #bitcoin ?

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ The promise of the American Dream was the next generation could live better than the former This dream died in 1971: your kids will be worse off than you were However, you can combat this fiat fvckery by saving long-term to fix this: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ Odds are, your wealth has either only slightly increased or not increased at all over the last 30 years. The further you are from the top, the more the game is rigged against you. Fortunately for you, saving in #bitcoin  long-term can fix this.

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ Do you live in a country with negative real wages? If so, what's your plan to combat it? Work more hours? Take on more debt? Find a "better" job (till that one goes negative, too)? Fortunately for you, saving long-term in #bitcoin  can fix this.

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ The bottom quartile of income earners face negative real wage growth YoY. One culprit is a stagnant minimum wage. Who benefits from this? These workers certainly don't, but if they save what they're able, they can combat it: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If the rate of income stayed on course from 1975, the "counterfactual" column would be how much workers would make. However, the 2018 column shows how much they really made. Go find your group: unless you're in the top, you're getting screwed. #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If you're in the top 1% of income earners, congrats; the system is built specifically for you. If you're in the bottom 99%, you may want to consider saving over the long-term in the hardest money in human history: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If you're in the bottom 50% or middle 50-90% of income earners, over time you earn less of the total pie. Even within the top 1-10%, you earn less of the pie compared to the top 1%. Saving in #bitcoin  long-term can fix this for you.

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ CPI is *only* 3% and wages went up 3.6% from June 2022-23; wooo they did it! Just don't eat food (average 6.2%), use electricity (5.4%), have shelter (7.8%), or use transportation services (8.2%), and you'll be just fine!! Got #bitcoin ?

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ Are you in the bottom 90% of wage earners? If so, your wages have been stagnant for quite a while While you may be able to reach the top 10% (or even 1%), an arguably better way to combat this is to save in the hardest money in history: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If you're reading this, you're almost definitely in that last column on the right But if you're reading this, you may also know that the longer you save in #bitcoin , the better odds you might move to the left side of the chart 🤝

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ In 2021, workers' real wages were -2.4%, whereas CEOs in S&P 500 companies saw a pay increase of +18.2% (AFL-CIO). While some may scream 'corporate greed', others suggest this is the Cantillon Effect at play. Whatever your ratio is, you can improve it for yourself: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ If you're in the top 1%, congrats. You're probably fine, as your average income is ~20x that of the bottom 99%. But if you're in the bottom 99% of income earners, you may want to investigate #bitcoin  as a long-term savings tool sooner than later.

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ On the surface, it appears that (nominal) wages have performed better post-Covid than after the GFC However, after adjusting for inflation, (real) wages performed much worse Saving in #bitcoin  over time can protect workers from falling behind even more

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ For the 53.4% of American workers who face negative real wage growth, the median average was -6.5% In Q2 2022, the median rate for this group was -8.6% (26.7% of workers are below this rate) Workers earning negative real wages can benefit from #bitcoin , esp. the bottom quartile

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ We know that actual inflation is much higher than CPI. But even just looking at CPI, over half of workers are not keeping up on wages. These workers do not need to become investment experts to fix this. They just need a superior savings tool: #bitcoin

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ You know things are bad when real wages (inflation adjusted) show zero improvement based on CPI. And CPI is lower than regular expenses the majority of workers face, so the situation is much worse (negative real wages). Saving in #bitcoin  can fix this

WaldoStacker 2 years ago

Charts for Pre-Coiners™️ One reason inflation is so easy to hide is that workers' nominal pay is going up over time, which leads them to believe things are improving However, no matter what period of time we look at post-1971, there is little to no progress Saving in #bitcoin  long-term can fix this

WaldoStacker 2 years ago

Inflation does not have to be normal, contrary to popular belief. From 1866-1889, for example, there was negative inflation, budget surpluses, and positive GDP. Fiat fvckery is destroying our present and future; fortunately saving in #bitcoin  long-term can save us

WaldoStacker 2 years ago

From May 2022-2023, real average hourly earnings were 4.2% (CPI=4%), and after adjusting for fewer hours per week real earnings were actually 3.3% In the same time period, shelter (8%) and transportation services (10+%) were more than 2x wages Saving in #bitcoin  can fix this