In a hundred and twenty or thirty years or something, the dollar will have inflated by 1000 times, so a billion dollars then will be equal to a million dollars now. It’ll cost a billion dollars for a nice four bedroom house.
But we’ll have had a hundred more years to produce anti billionaire propaganda, so a lot of people, especially teenagers, will need it explained to them that being a billionaire isn’t so bad now. The Marxist-Leninists will all be saying that Cyborg Bernie Sanders is an evil billionaire, and us reasonable leftists will be explaining that a billion dollars is just what it costs these days to own a residence in your home state and also in DC, which is necessary for working as a senator.
What we’ll really need to look out for by then is the trillionaires. Good for nothing parasites. There’s no excuse for one person to own a trillion dollars while there are people living on the streets who can’t even afford a measly ten thousand dollars for a cheeseburger meal.
In the USA minimum wage will still be 7.25.
At least it goes up in the U.K., even if it seems to be slowly creating a scenario where everyone is earning minimum wage.
In the USA minimum wage will still be 7.25.
https://www.minimum-wage.org/wage-by-state
It’s not that wage now in the vast majority of states.
Edit: The actual “Average” minimum wage of a US worker is 11.33/hr. Which is a population distribution of minimum wages across all states.
I am only adding this to show the problem of treating the “federal” minimum wage as a monolithic representation of the USA. It’s not. Stop treating it as if it was.
Twenty one States on that list had a minimum wage figure of 7.25, who cares about an average.
Because those states are small population wise, any attempt to push 7.25 as “normal” on an international forum is disingenuous. treating an issues that is distinct on a state hy state issue as if the federal is the end all be all is a lie of omission. Those same 21 states also have a lower cost of living.
But if you were asked, what is the USA minimum wage, you’d say 7.25. Anything else is irrelevant.
No. I wouldn’t. Because minimum wage varies wherever you are in the USA. Where I live it’s over $13, nearly double. It would be disingenuous to claim 7.25 when literally nobody I know is at that rate.
That’s my point. Stop pushing the shit narrative. Statistically, you don’t know a single soul that’s at 7.25 either. Comparing the UK minimum wage, a country with 1/5th the population and 1/40th the landmass… Acting like the all of the USA is a monolith like the UK is disingenuous.
A hundred years?
More like it’s taken at least 50 of our current years, we’re just at the peak. We’re saying, as a society, that hey! You can be a convicted felon AND be president AND suffer almost NO consequences! Hey! You can be the richest person in the world and do whatever the fuck you want without repercussions!
It’s being normalized, unfortunately, in the now.
I a hundred years, society will have collapsed and here may not be any organized human life to be found.
So, don’t worry about this.
If nothing changes in that time we’ll be so fucked.
yes. in the gilded age it was millionaires and now its billionaires and yes trillionaires are about the corner unless we our society improves. no one should make more than 100x someone else.
I mean, dragonrider thinks that people will have a billion dollars, and the rich will have a trillion, but dragonrider thinks that the rich will have quadrillions by that point. Maybe dragonrider will even get to start using all those idle game terms like quintillion, or decillion.
Or maybe we’ll have had a revolution and transitioned to a moneyless society based on mutual aid.
Well now the original premise is being changed… Don’t take away dragonrider’s potential future with tridecanonillion dollars! Sextillion is also a very fun word to say in the halls of power.
Darn trillionaires sitting on all their money :p
What comes after a trillion? …Other than a trillion and one
Just in case you don’t know, electric musket"'s" wealth is reaching half a trillion. So maybe 10 years.
Shower thought back at you: won’t we as a society just move the decimal place? Like maybe this has happened with other currency (I remember stories of devalued cash being carries in a wheelbarrel and used for wallpaper) but say the USD gets so devalued with inflation over time, that you can’t buy even the cheapest in-store item for less than $100. Like a lollypop off the tree is $100.
Wouldn’t we just start calling a hundo a buck and our bank system would do a switchover? One day your account would read $6,878 and the next it would be $69 (nice) and nothing else would change? You were making $420/hour and now its $4/hour.
MMO level and stat squishes, irl.
Lol that tracks.
