Pittsburgh's cost of living (sales, renter, loans)

[Moby Hick]

Originally Posted by Reggiezz

Hopefully you're not an educator.

I'm a fountain of wisdom to all around me, but I don't teach formally.

[Moby Hick]

Originally Posted by Reggiezz

It was labor contracts that fueled the hyperinflation. It couldn't keep going without them.

No. It was printing money to pay reparations, which were enforced at gun point by France. If workers were willing to produce goods for export without being paid enough to eat, reparations could have been paid without inflation. But weirdly, they wanted to eat.

[Reggiezz]

Originally Posted by Moby Hick

No. It was printing money to pay reparations, which were enforced at gun point by France. If workers were willing to produce goods for export without being paid enough to eat, reparations could have been paid without inflation. But weirdly, they wanted to eat.

That doesn't explain how the inflation was perpetuated inside Germany until it became hyperinflation. Labor contracts did that. Germany had the most organized workers in the world at that time. Only independent business owners were not part of the insanity.

Here, with government workers, politicians, teachers, social security recipients all getting inflationary increases, prices will increase again dramatically in January.

Bidenbucks.

[Reggiezz]

Originally Posted by Reggiezz

Have any of yinz been affected by this FTX fraud? I never heard of this racket until a couple days ago, but I'm betting the 30 year old CEO screwed a boatload of Millenials. Ponzi schemes seem to peak about every 20 years, when a new generation of suckers comes along with no critical thinking skills. Twitter was also a financial fraud.

I'm thinking this is the tip of the iceberg.

https://www.cnbc.com/2022/11/17/ftx-...controls-.html

I've been reading a lot about this FTX scam. It will be interesting to see how they cover this up, because a lot of the charitable donations went to Democrat politicians and paid activists through campaign funds and NFPs. So if you bought this garbage you contributed to Dem pols and the freaks agitating for them. Quite a racket and I doubt it's alone. How many companies are just theft and money laundering operations today? I'll bet some people here bought this ****e and won't admit it.

[Moby Hick]

Employers are spending billions to lie about unions because unions work.

[Reggiezz]

Originally Posted by Moby Hick

Employers are spending billions to lie about unions because unions work.

We're you in Pittsburgh in the 1980s? You can only sell BS to young people.

[svband76]

Originally Posted by Reggiezz

We're you in Pittsburgh in the 1980s? You can only sell BS to young people.

Yes. Unions have value in some high risk safety occupations, like mining. But for Starbucks employees? Come on.

[Moby Hick]

Originally Posted by Reggiezz

We're you in Pittsburgh in the 1980s? You can only sell BS to young people.

I'm well past fifty and far closer to retirement than I am to being young. I'm looking back over my life and what I see is the disappearance of private sector unions and the collapse of wages for all but the richest. If that gets fixed, I'll be happy to focus on the 80s.

[Reggiezz]

Originally Posted by Moby Hick

I'm well past fifty and far closer to retirement than I am to being young. I'm looking back over my life and what I see is the disappearance of private sector unions and the collapse of wages for all but the richest. If that gets fixed, I'll be happy to focus on the 80s.

So you don't know because you didn't experience it and you don't understand inflation, but your opinions are "right" because they conform to your ideals. It's called virtue signaling.

[Moby Hick]

Originally Posted by Reggiezz

So you don't know because you didn't experience it and you don't understand inflation, but your opinions are "right" because they conform to your ideals. It's called virtue signaling.

I experienced more of the 80s than you experienced of Weimar Germany.