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User Info If You're Older Than 40 And Reading This...; entered at 2015-06-04 09:52:25
Posts: 14279
Registered: 2007-06-26 Philly P.a.
Technology should have saved us. By making things more efficient and increasing productivity we should have more for less, but it was stolen. Inflation is a hidden tax and should be considered theft, but people got distracted by the shiny objects like their house increasing in value.

It's been going on for so long that it feels normal. Buy now or be priced out. Not only is it theft, but it's manipulation. How many people buy something they don't really need, but are afraid it will cost more tomorrow. The economy should be neutral to slightly deflationary due to the increases in productivity due to technology. If you need something tomorrow, you buy it tomorrow and you save today to afford it unlike what we have where he finance to buy today and pay tomorrow's price due to the financing costs.

What's worse than being over 40 is being over 40 and up to your eyeballs in debt in this situation. And god help you if you're fat or sick and dependent on the medical cartels...
2015-06-04 09:52:25