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Exactly. Since historically it’s such a slow bleed — for those who don’t understand inflation, they likely blame everything else for this phenomenon once they realize it over time.
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When asked which expenses workers would pay first if they missed their next paycheck, they selected housing, food, and electricity well above the rest.
These three categories have been higher than both wages and CPI for years.
Got #bitcoin ? 
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High proportions of workers are living check-to-check
Relatively high proportions of workers have zero savings
The less one makes, the harder it is to save given high costs on mandatory expenses
Whatever one can save, a superior tool exists: #bitcoin 
Ok everyone nostr:npub1rq9x6sk86e8ccw2cm8gsm4dyz9l24t823elespupaxjnzdk026fsca2r93 has totally officially fr gone to sleep, what should we talk about?
Gn tata + Zappid this post bc I can thx to hue seven!! 🙏🧡
Likewise. A different but related chart shows *negative* median wages compared to expenses workers have had, 1971-2022 (BLS data) 
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Be wary of metrics that involve averages on wages, as these are pulled up by the top 1%
The better metric to ascertain progress is median wages, which have flatlined since 1971
The situation is worse as CPI is lower than actual inflation
Got #bitcoin ? 
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A snapshot of the income distribution at any point post-1971 reveals the same picture
Imagine if the top 1% didn't exist; arguably this would be a fairer version of inequality
But with the top 1%, inequality becomes extreme
For the 99%, got #bitcoin ? 
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If you're not in the top 1% of income earners, your income has not increased in the last 40 years at a rate that beats the inflation you face every day.
Fortunately, you don't need to become part of the top 1% to combat this; you can just save: #bitcoin 
Tenk hue nostr:npub1mc20uche0cy599vpl850aschpu7wteundgsnf0msep79lu3fu5aq3r4ptv + miss hue ✊🧡
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For most of the 20th century, the share of income flowing to the top 1% in the US was falling.
In 1971, the pattern reversed and has been rising ever since.
If you're not in the top 1%, you've been experiencing the opposite trend.
Got #bitcoin ? 
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The promise of the American Dream was the next generation could live better than the former
This dream died in 1971: your kids will be worse off than you were
However, you can combat this fiat fvckery by saving long-term to fix this: #bitcoin 
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Odds are, your wealth has either only slightly increased or not increased at all over the last 30 years.
The further you are from the top, the more the game is rigged against you.
Fortunately for you, saving in #bitcoin long-term can fix this. 
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Do you live in a country with negative real wages?
If so, what's your plan to combat it? Work more hours? Take on more debt? Find a "better" job (till that one goes negative, too)?
Fortunately for you, saving long-term in #bitcoin can fix this. 
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The bottom quartile of income earners face negative real wage growth YoY.
One culprit is a stagnant minimum wage.
Who benefits from this?
These workers certainly don't, but if they save what they're able, they can combat it: #bitcoin 
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If the rate of income stayed on course from 1975, the "counterfactual" column would be how much workers would make.
However, the 2018 column shows how much they really made.
Go find your group: unless you're in the top, you're getting screwed. #bitcoin 
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If you're in the top 1% of income earners, congrats; the system is built specifically for you.
If you're in the bottom 99%, you may want to consider saving over the long-term in the hardest money in human history: #bitcoin 
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If you're in the bottom 50% or middle 50-90% of income earners, over time you earn less of the total pie.
Even within the top 1-10%, you earn less of the pie compared to the top 1%.
Saving in #bitcoin long-term can fix this for you. 
