Message from @Karnivore

Discord ID: 675533580793020428


2020-02-08 02:34:58 UTC  

you mean like in 1920

2020-02-08 02:35:23 UTC  

except now you have solar, wind, generators, and the likes

2020-02-08 02:35:23 UTC  

in 1920 you could literally work as a store clerk and buy a house 5 years later

2020-02-08 02:35:39 UTC  

now if you work as a clerk you won't even be able to afford to rent a 1 bedroom apt

2020-02-08 02:36:13 UTC  

you also didn't need degrees to get most jobs

2020-02-08 02:36:17 UTC  

I'm not sure I ever knew what an average store clerk pay was in 1920

2020-02-08 02:37:20 UTC  

Well a medium sized house would only cost $1000 back then

2020-02-08 02:37:31 UTC  

in the city

2020-02-08 02:37:40 UTC  

Anyone here vc?

2020-02-08 02:38:20 UTC  

@진수 (James) sometimes

2020-02-08 02:39:07 UTC  

In other words, $1,000 in 1920 is equivalent in purchasing power to about $12,848.70 in 2020, a difference of $11,848.70 over 100 years. The 1920 inflation rate was 15.61%.

2020-02-08 02:39:19 UTC  

So imagine working for 5 years as a clerk at 7/11 in 2020 and buying a house for $12,000 in a major city

2020-02-08 02:44:12 UTC  

I'm looking for data on wages in 1920-ish

2020-02-08 02:46:20 UTC  

they would probably even be higher than wages in 2020 for a clerk

2020-02-08 02:47:38 UTC  

also honestly there is no cure for flu or viruses either these days

2020-02-08 02:47:46 UTC  

the only thing that's changed a bit is better sanitation

2020-02-08 02:48:00 UTC  

some vaccines have worked but most aren't effective and lower your immune system

2020-02-08 02:48:36 UTC  

yes, sanitation and practices are the key game-changers

2020-02-08 02:48:59 UTC  

I'm seeing average weekly wages like:

2020-02-08 02:49:04 UTC  

bakers $25

2020-02-08 02:49:16 UTC  

Brick mining $15

2020-02-08 02:49:25 UTC  

carpenters $27

2020-02-08 02:49:37 UTC  

clerical office work $15

2020-02-08 02:49:58 UTC  

engraver $25

2020-02-08 02:50:15 UTC  

meat packing $18

2020-02-08 02:50:21 UTC  

painters $28

2020-02-08 02:50:36 UTC  

textile worker $7

2020-02-08 02:50:47 UTC  

construction $11

2020-02-08 02:50:56 UTC  

iron worker $28

2020-02-08 02:51:02 UTC  

anyway, you get the picture

2020-02-08 02:51:19 UTC  

do you not understand?

2020-02-08 02:51:42 UTC  

with inflation that's a lot of money

2020-02-08 02:51:44 UTC  

stating what I have just read requires no understanding

2020-02-08 02:51:51 UTC  

I have only stated what I have just read

2020-02-08 02:52:00 UTC  

I have yet to even say anything about it

2020-02-08 02:52:27 UTC  

$28 would be $380.70

2020-02-08 02:52:30 UTC  

in todays money

2020-02-08 02:52:42 UTC  

so you could more than afford to buy a home for 12,000 within 5 years

2020-02-08 02:55:26 UTC  

The inflation rate calculation looks good.

2020-02-08 02:56:08 UTC  

What do you think food cost in 1920?

2020-02-08 02:56:13 UTC  

To feed your family for a year.