The top 1% of earners is finally earning more than the entire middle class

[QUOTE=j3lademaster;14885939]If you look at the graph, the decline in the middle class as well as the ascendence of the top 1% has been consistent for years, proving the covid lockdowns are a very miniscule factor. for the past 100 years there has been like... 3 years with deflation, several years with double digit inflation and typically an annual 3% inflation. [B]Why is inflation harmful?[/B] Well, the $10k you have saved in your bank account now has $9700 in value compared to yesterday's, whereas assets are growing... and who owns all of the assets? Billionaires and corporations. Small 3% increments over a lot of years and THAT is what's bringing us to the trend represented in the graphs. People are fed these npc talking points that create these tribal politics as a smokescreen... hell look at this thread. Literally right off the bat it's[B] "THIS WOULDN'T HAVE HAPPENED IF YOU VAXCUCKS DIDN'T SUPPORT THE SHUTDOWNS". All the while we inject 3 trillion into the stock market to grease the fatcats even further,[/B] which they just reinvest and create their own artificial money multiplier that kills the average Joe's savings. [I]That[/I] is what we're seeing in real time.

And small businesses never stood a chance, they have been irrelevant if we're talking big picture overall market for years. CME alone owns like 30% of the S&P and the Dow and most people pretending to understand our market on here's never even heard of them.[/QUOTE]


Inflation literally exploded right in the year or two wake after the start of the "pandemic". We just had the highest inflation rate in the past 40+ years right after it.

[IMG]https://i.postimg.cc/SRzxcV8Y/Screenshot-20240219-154217-Chrome.jpg[/IMG]

How can you explain that away?

And honestly... even if 100s of millions of people didn't fall for the scam they still could've made it happen. Just arrest anybody that disagrees and the rest will fall in line out of fear.

[QUOTE=tpols;14885988]Inflation literally exploded right in the year or two wake after the start of the "pandemic". We just had the highest inflation rate in the past 40+ years right after it.

[IMG]https://i.postimg.cc/SRzxcV8Y/Screenshot-20240219-154217-Chrome.jpg[/IMG]

How can you explain that away?[/QUOTE]The pandemic didn't put it into motion, the 2017 tax cuts did. When you cut taxes for the wealthy, they invest it and it exacerbates the money multiplier. Hedgefunds have been playing with the idea of single family homes for years, and it was always seen as a low reward investment that requires a lot of capital, so historically that idea has fallen through. However, if you give the already billionaires more money and they start running out of things to invest in(you can't oversaturate a market, you need people to lose money so you can earn it), then they invest in the next thing and then the next thing- each marginally less rewarding than the last until they finally have their hands in buying homes. Investing in companies like Offerpad. This lead to an all-time high level of assets being owned by the 1%, and since inflation increases assets vs dollars at a disproportionate amount that created the largest wealth transfer. It's an improved version based on the Reagan tax cuts. The FED artificially injected inflation in the late 70's/ early 80's for the express purpose of a huge wealth transfer. We were seeing 9, 12, 13% annual inflations; almost twice as bad as '21. They learned from that this time and waited for the tax cuts before inflating the market, instead of inflating in the middle of the cuts. Again, the FED injected 3.2 trillion into the stock market to specifically with the goal of inflating assets at the expense of killing the average Joe's dollar. We were going to see decades record inflation regardless. And I'm not saying the pandemic had no effect, it obviously did. The reason people felt the pandemic more was because it was more personal as well as propagandized. It was shutting down bodegas you've been going to since you were a kid, etc. so you feel a bigger impact than it is because it's happening in your neighborhood and you're seeing it, but(not trying to sound callous) small businesses are such a small impact on our total economy.

Fall for the scam? :oldlol: Every country had to bail out and inflation, otherwise their economies would have completely collapsed. This is just how it was no matter what any government said to their population. China tried to hide covid from their public but they couldn't. Society stopped going to airports on their own and those would have been the first to fall without a bailout. It would have dominoed from their. House of cards.

No matter what your opinion of covid is, you can't make people go outside and spend money. And during covid where some business fell others thrived. It didn't really stop the flow of spending, it only changed the flow.

All of this happened under the leadership of Trump btw, but it was the only thing he could do to prevent an outright collapse so it doesn't matter who was for it or against it, it was the only option.

[QUOTE=RRR3;14885979]Poor guy couldn’t even answer the question :yaohappy:[/QUOTE]

That's because it was a retarded fukking question.

We all saw it with our own eyes. Red states on average re-opened and went back to normal wayyyy before the blue states did. The blue states did everything they could to delay and delay delay, while at the same time using the left wing news media to bash the red states and scare people into staying home longer. Some students were kept out of school for close to 2 fukking years. I live in a blue state. I experienced the madness and saw it with my own eyes.

There's no question that the republicans were more sane and more rational during covid, so I really don't give a fukk about your whataboutisms in this case. If you wanna cry about the middle class getting shafted, point your finger at the vax cucks.

That means you.

He actually thinks one of the parties cares about the wealth gap :yaohappy:


But he’s antiestablishment you guys!

[B]j3lademaster:[/B] "The wealth gap is due to inflation!"


:: pandemic happens, we print trillions, inflation skyrockets higher and faster than any point in modern history ::


[B]j3lademaster:[/B] "I'm not talking about that inflation!"


Like wtf is this dude even saying.

[QUOTE=RRR3;14886006]He actually thinks one of the parties cares about the wealth gap :yaohappy:


But he’s antiestablishment you guys![/QUOTE]

I didn't say the republicans are out to fix the wealth gap, I said they were more sane and rational during Covid.

Now go get your 5th booster shot.

[QUOTE=Baller234;14885925]I don't know, I seem to recall one side being very insistent on re-opening businesses and getting kids back to school as soon as they could. In fact those cities and states were demonized for doing so.

Meanwhile I remember the other side fighting tooth and nail to keep the lockdowns going indefinitely for as long as they could, except of course when it came to the St. Floyd celebrations.

We will not allow you vax boys to rewrite history on this.[/QUOTE]
This was said in response to me saying neither party will do anything to address the wealth gap and we’re screwed no matter how we vote. “Boo-boo-boo-buh-buh-buh-but I didn’t say the republicans would address it! :cry:”



Bitty baby brain bawler thinks everyone has the same horrible memory he has :lol

[QUOTE=RRR3;14886009]This was said in response to me saying neither party will do anything to address the wealth gap and we’re screwed no matter how we vote. “Boo-boo-boo-buh-buh-buh-but I didn’t say the republicans would address it! :cry:”



Bitty baby brain bawler thinks everyone has the same horrible memory he has :lol[/QUOTE]

And yet clearly it does matter how you vote, because as I just pointed out to you... there was a clear difference in the way red and blue states governed during Covid.

In blue states you couldn't even eat indoors for an entire year. Then when you could, the restaurant couldn't serve you without proof of vaccination. Geez I wonder how all the local restaurant owners felt about that. I'm sure that was a huge boon to their business.

Tell us more how you just feel so bad for the working class and how it doesn't matter who you vote for.

[QUOTE=Baller234;14886011]And yet clearly it does matter how you vote, because as I just pointed out to you... there was a clear difference in the way red and blue states governed during Covid.

In blue states you couldn't even eat indoors for an entire year. Then when you could, the restaurant couldn't serve you without proof of vaccination. Geez I wonder how all the local restaurant owners felt about that. I'm sure that was a huge boon to their business.

Tell us more how you just feel so bad for the working class and how it doesn't matter who you vote for.[/QUOTE]
So we’re back to the Republicans care about the working man. Ignoring everything they do in office like giving massive tax breaks to the super rich and screwing over the poor not to mention gutting social programs. You can’t respond with “boo-buh-but the dems did this bad thing” because Democrats being bad doesn’t mean the Republicans help the working class :hammerhead:

Are you seriously too stupid to realize two things can be bad for different reasons?

[QUOTE=RRR3;14886013]So we’re back to the Republicans care about the working man. Ignoring everything they do in office like giving massive tax breaks to the super rich and screwing over the poor not to mention gutting social programs. You can’t respond with “boo-buh-but the dems did this bad thing” because Democrats being bad doesn’t mean the Republicans help the working class :hammerhead:

Are you seriously too stupid to realize two things can be bad for different reasons?[/QUOTE]

Uh, I never said the republicans were "good". All politicians are self serving. It just so happens that the republican party has been hijacked by Trump, therefore the republicans are beholden to him. Meanwhile the democrats are beholden to globalists and foreign enemies.

Inflation is where it is right now mostly due to left wing hysteria and left wing authoritarianism, so do us all a favor and stop pretending you give a flying fukk about inflation.

[QUOTE=Bill Gates;14885997]Society stopped going to airports on their own and those would have been the first to fall without a bailout..[/QUOTE]

More to the story than that. Airlines understated their debt. All of their debt from leasing activity needed to go on the balance sheet from a change in accounting standard. That industry was going to be in trouble no matter what because there are a number of other triggers that would have affected demand.

[QUOTE=Baller234;14886020]Uh, I never said the republicans were "good". All politicians are self serving. It just so happens that the republican party has been hijacked by Trump, therefore the republicans are beholden to him. Meanwhile the democrats are beholden to globalists and foreign enemies.

Inflation is where it is right now mostly due to left wing hysteria and left wing authoritarianism, so do us all a favor and stop pretending you give a flying fukk about inflation.[/QUOTE]
I don't think I even mentioned inflation, but if you think the Democrats (who are not left wing by any means) are the only guilty party in the wealth gap you aren't paying attention. You keep raging about strawmen you create, an anarchist obviously wouldn't agree with a government forcing people to do anything. I think people probably should take the vaccine and should have social distanced until the vaccine was ready, but I was never in favor of forcing the issue. You keep creating viewpoints to argue against because you're too stupid to view people who oppose your views as individuals and you just view them all as some vague bogeyman stereotype created for you by Tucker Carlson. Your argument to vote for Republicans is because the Democrats were the ones championing shutting down stuff during a freak occurence? Do you think pandemics are common? In order for your argument to make sense the Republicans would have to be better for the working class in general or at least equal. Make the case they are then. Let's hear it.

Also Trump not being beholden to foreign interests is hysterical. What reality are you living in? Bro loves the Saudis.

[QUOTE=tpols;14885985]I agree with that rich people have been scamming the system since forever everywhere. That doesn't discount that [B]the plandemic was purposely orchestrated to light that fire even harder[/B].[/QUOTE]

[QUOTE=tpols;14885989]And honestly... even if [B]100s of millions of people didn't fall for the scam they still could've made it happen. Just arrest anybody that disagrees and the rest will fall in line out of fear[/B].[/QUOTE]

:roll:

Why are you always the conspiracy nut?