The median family income in the US has gone from 10K in 1971 to 55K today, a gain of 5.5x

however,

The median cost of a car has gone from 4K to 48K, an increase of 12x.

The median cost of a house has gone from 25K to 357K, an increase of 14x.

The median cost of an ivy league college has gone from 3K a year to 87K, an increase of 29x.

The average cost of healthcare per person has gone from $400 to $15,000, and increase of 37x.

Basically, the average person in the US is worse off today than in 1971. So much for "progress"

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that's what politicians call progress

Of course this article blames it on anything BUT inflation.

Depressing times

Literally every time you have a post this long and coherent, it's just yet another post from a blue check X user you somehow considered good enough to post on nostr (but also not good enough to credit the author for it, or reply to them recommending they start posting on nostr)

I was going to ask for the source

Yes. Great work reposting but providing the source is polite and professional.

Amazing data point comparison, thanks for compiling. Hard to see the breakdown of dollar purchasing power since 1971 and break from the gold standard. The #bitcoin standard fixes this

Also check out Morgan Housel talking about changing expectations on Andrew Huberman. Helps put in context how inflation adjusted purchasing power compares to expectations around what we should own

Can you not see my reply where I called this guy out for stealing this post? He didn't compile it

But the GDP and S&P 500 have never been higher! (As measured nominally in continuously devaluing dollars.)

When we consider Thriving over the long view, we need to consider how energy is stewarded. Our "pay masters" have manipulated people into thinking that if your income is 5.5x what it was, you're "earning more." But measured in ribeye steaks or fractions of a median home in your zip? Not so. For Thriving I recommend learning and also using Bitcoin as one of your units of account. If you don't know what that means... excellent! You'll feel so much more empowered when you DO understand!

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