I know there are more important things to say about this receipt, but since everyone has already said them:
Wow, look at that receipt. So simple. Actual ink on actual paper. No coupons on the back. And one line per item. No “price - savings = real price!” bullshit or anything else. I long for that kind of simplicity in even the little things in life.
This is why I use Keyhut for my POS. FUCK THE NEW SHIT!
I mean, I could handle the prices going up if wages went up in equal proportions.
Not only could you handle it, it’s actually beneficial. Inflation - if matched with equivalent increases in wages - eats away at debt over time, because your debt is locked in at the point where you take it on, but your buying power relative to that debt continues to increase.
Our enemy is not inflation. Inflation can be our friend. Our enemy is stagnant wages that no longer rise in step with productivity.
Everyone needs to see this graph and really understand what our problem is.
Let’s not forget around 1971 is when the USD got off the gold standard. This allowed the US to print more money and that surely never caused any problems.
1972… the pride and joy of the united states, richard nixon
Then you can see where it tries to stay close until Reagan and it splits faster than a cheerleader.
The Heritage Foundation was founded in 1973, which just so happens to be the dividing line in this graph.
Reagan was the first president that really allowed the Heritage Foundation to go wild.
There’s a good video about their history here: https://www.youtube.com/watch?v=8eeCPRD0Hgg
We should redenominate the dollar. When you do this, you essentially create a “new dollar” or a “Dollar 2.0.” You could make 1 new penny equal exactly to 1 old dollar. No currency is actually rendered worthless and no new inflation occurs. Just a relabeling to make things more convenient. Really this is the kind of thing we should do as a matter of course every century or so.
This is literally one of the most highly regarded ideas you could have, economy wise
Up there with price controls, increasing minimum wage monthly by decree, increasing taxes just for the lolz, printing money to fund domestic spend and random companies expropriations
Look how it went for Venezuela, ArgentinaLMAO 🤣
I have no sides and I must KEK