Message from @ManAnimal
Discord ID: 621766130243076107
Yes, I live in Florida, Kealor.
Lol.
that drives out the stores that used to anchor communities
I also used to work in that industry.
Let the fucking immigrants have it. I don't give a shit.
which industry?
keep in mind there are places in the world that do have worse job markets than america
Mostly manual labor, excluding skilled manual labor.
aus is pretty shite and uk is even worse
Absolutely, Kealor.
yes, but it is about the ratio of job market earnings vs cost of living
that is what people miss
our standard of living is also 25-30% higher than those same places with work job prospects
most cost of living estimates ive seen/experienced are higher than they should be
you might have more money in your pocket, but you can buy LESS than you could with less money yesterday
not that that makes the metric bad, just hard to measure
hard for you to measure over the short course of your lifespan
Money wont make you happy
more datapoints, easier to measure
Buying escorts will though
We have the CPI, @ManAnimal, but I see more artificial inflation of prices coming from regulations creating uncompetitive markets and taxation, than I do anything else.
I'd love to be poor
well the economy will fluctuate significantly accross lifetimes, so its still quite hard no matter how large your dataset
with respect, the CPI is flawed
That, it is.
Being middle class westerner its easy to take shit for granted
And that's the reason we don't use the CPI often anymore.
the metric doesn't account for the two functions that both contribute to inflation
it only accounts for one
The alternative accounts for inflation.
i disagree
Why couldnt i be born as a black starving lad not knowing if my water has aids
gdp seems to be the best metric so far, and even then its pretty shit
turns out trying to coalesce all of ecconomics into a single number is pretty hard 🤷
with an completely international system and artifcial manipulation of interst rates for decades, we have no clue the ratio actual value vs capital in the system
the best we can measure is liquidity
can do it by outcome but thats also iffy
also depends on your desired outcome
exactly; it assumes that the cash in = cash out
but people die and give cash to family which just sits there for a rainy day