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TheWholeSausage t1_j27pbza wrote

It’s all fake…but it pays the bills brah

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SuspiciousStable9649 t1_j27vq9u wrote

Hours of work for 20% down payment on a house. That’s the only metric that really matters and that metric has gone to shit since 1980.

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LilZuse t1_j298my5 wrote

Sir, this is a Wendy's.

6

Stonk_owner OP t1_j27ob2w wrote

This interactive chart tracks the ratio of the Dow Jones Industrial Average to the price of gold. The number tells you how many ounces of gold it would take to buy the Dow on any given month. Previous cycle lows have been 1.94 ounces in February of 1933 and 1.29 ounces in January of 1980.

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Stonk_owner OP t1_j27ody6 wrote

On the left side of the chart you will see the ounces of gold and on the bottom side you will see the year.

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dolbysurnd t1_j27p9y4 wrote

this chart tells you "how real is the value of the stock market" by comparing it to a very real resource with all kinds of practical and perceptual value.

the stock market, well...it's just a fancy casino

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BubsCapital t1_j27opzl wrote

What’s your interpretation of this? I’m not sure what to think about it tbh

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Stonk_owner OP t1_j27q85j wrote

Right now its about 18 ounces for a dow jones share. This has happend multipule times in history. What this draws is a perfect picture of inflation. For example; in 1959 this was also the case, 18 ounces for 1 dow jones share. Then again in 1972, then 1997, then 2006, then 2017, then 2019, then 2021 and then this year.

For the record the price of a down jones share in 1959 was; around 6k 1972 was; around 7k 1997 was; around 7,5k 2006 was; around 11,5k 2017 was; around 22k 2019 was; around 26k 2021 was; around 34k

Now what this means, is that the true value of this particulair stock has not changed allot. Only the number of dollars has increased.

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MoneyForPussy t1_j2bektp wrote

sounds like you've figured out who they're stealing their "profits" from

1

Dothemath2 t1_j28rl4t wrote

Real af. When we first came to the America we had 2 suitcases and 10K usd. We had to send back 4K because someone died suddenly. 15 years later, we have realized the American Dream. Now solid middle class. Work and save your money, invest and the returns are real. The loses to. You can buy actual things and luxuries with it, feed your family.

How do you know it’s real? It’s a piece of cotton paper but you save it and it’s still there. You give it to someone and they will give you things or their time energy and skill regardless of how you got that piece of paper. That’s as real as it gets.

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neonwatch t1_j2c53c4 wrote

What happens to your piece of paper if the state creates infinitely many more at will?

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Dothemath2 t1_j2cg23p wrote

Inflation. It’s bad for them too, so they are careful. At least for now.

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VisualMod t1_j27o9w7 wrote

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1

Salt_Vault_8 t1_j27pr9m wrote

I live in Wendys Matrix, also i like Turtles 🫠

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Lilbluefroggies t1_j28053z wrote

You can turn the chart upside-down and still get the same readings

1

tehs1mps0ns t1_j2868cg wrote

Is there a point in comparing pre- and post-fiat?

1

Icy-Subject-6118 t1_j29qa1t wrote

Real when you have it. Fake when you don’t. Go cry into your forever poverty because of your bad yolos

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TeaPartyTaco t1_j2b5jed wrote

Labels man, labels. Dafuq am I lookin at?

1