this post was submitted on 26 Jun 2023
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A Boring Dystopia
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I guess my dads not A typical boomer, he openly emits that times were much easier for him. As this quote from Bernie implies, after taking to account inflation and everything around living your life, we work much harder and get much less than our parents or grandparents did.
Regarding getting off the gold standard, sure that might have some effect, and I'm not a finance major so I don't know all the details, but in the end, I think capitalists would have done whatever they needed to in order to suppress how much people make in compared to their productivity. Getting off of a standard was just the technique used at the time.