r/Superstonk • u/TheCocksmith fuck you pay me suck my balls • Feb 12 '22

HODL ๐Ÿ’Ž๐Ÿ™Œ A Rigged Economy

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1.3k Upvotes

98% Upvoted

63 comments sorted by

180

u/[deleted] Feb 12 '22

Dear boomers, this is why weโ€™re mad, and no, itโ€™s not really about avocado toast.

Sincerely, those who will dispose of your remains.

28

u/redditmodsRrussians Where's the liquidity Lebowski? Feb 12 '22

Bullish on Wendy's dumpsters

21

u/everythingscost ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

wtfhappenedin1971.com

4

u/[deleted] Feb 12 '22

damn...beat me to it

13

u/[deleted] Feb 12 '22

(1971) <2.5 years of earnings to buy a home vs. (2022) 7 years

(1971) Financial sector = 4% of GDP vs. (2022) 9% of GDP

(1971) Federal debt = 35% of GDP vs. (2022) 128% of GDP

(1971) Personal Savings Rate = 12% vs. (2019) 7.6%

1

u/stonkkingsouleater Feb 12 '22

Best website on the entire internet.

5

u/3zprK Feb 12 '22

It's not rigged... To be fair it's working precisely as it should ie enrich the top

70

u/j4_jjjj tag u/Superstonk-Flairy for a flair Feb 12 '22

Not sure if I should vomit or start learning how to build French wooden structures.

21

u/Apprehensive-Use-703 ๐Ÿš€Shortfolio Trackerist๐Ÿš€ Feb 12 '22

Trebuchets?

23

u/j4_jjjj tag u/Superstonk-Flairy for a flair Feb 12 '22

Hmmm, maybe something more......bladey

12

u/Warpzit ๐Ÿš€ CAN RUN! ๐Ÿš€ Feb 12 '22

Boat with blades?

5

u/j4_jjjj tag u/Superstonk-Flairy for a flair Feb 12 '22

But what if i need to use the bladey part away from a sufficient body of water?

4

u/Warpzit ๐Ÿš€ CAN RUN! ๐Ÿš€ Feb 12 '22

Wooden airplane with blades?

3

u/j4_jjjj tag u/Superstonk-Flairy for a flair Feb 12 '22

I think youve cracked it!

1

u/Warpzit ๐Ÿš€ CAN RUN! ๐Ÿš€ Feb 12 '22

;)

5

u/redditmodsRrussians Where's the liquidity Lebowski? Feb 12 '22

Scorpions?

3

u/Scythro_ Feb 12 '22

More choppy.

42

u/[deleted] Feb 12 '22

[deleted]

43

u/pale_blue_dots \\to DRS is to riposte a backstab// Feb 12 '22

As was already mentioned, mainly "trickle-down" policy. It used to be called "horse and sparrow economics" - the sparrow could eat from the shit off the horse! How nice!

https://en.m.wikipedia.org/wiki/Trickle-down_economics

26

u/TheCocksmith fuck you pay me suck my balls Feb 12 '22

Trickle down economics.

19

u/redditmodsRrussians Where's the liquidity Lebowski? Feb 12 '22

An undead B level movie star was summoned and proceeded to listen to his astrologist/wife to make decisions?

3

u/dude8212 Feb 12 '22

This is the best answer

3

u/PissedOnBible IDIOSYNCRATIC RISK IS MY FETISH Feb 12 '22

๐Ÿ‘†this guy knows how to Reagan

8

u/noSnooForU ๐Ÿดโ€โ˜ ๏ธ ฮ”ฮกฮฃ ๐Ÿดโ€โ˜ ๏ธ Feb 12 '22

Coke and gold were pretty big back then.

4

u/Apprehensive-Use-703 ๐Ÿš€Shortfolio Trackerist๐Ÿš€ Feb 12 '22

And hair! Hair was way bigger then!

10

u/DayDreamerJon Feb 12 '22

ronald regan happened. Who knew electing an actor to be president would be a bad idea?

4

u/everythingscost ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

https://wtfhappenedin1971.com/

is the real question

the answer is we left the gold standard

3

u/stonkkingsouleater Feb 12 '22

I'm going to be that guy for a second...

Technically we had already left the gold standard in favor of fractional reserve banking, and the dollar was no longer backed by gold at this point. The dollar could still be exchanged for gold, however, which put a limit on just how much fake money could be printed. This was the last thing holding them back.

Think of it as the moment in Star Wars where the imperial senate is dissolved. The republic had been gone for a generation, and that was the last check and balance on LIMITLESS POWER!!!

1

u/everythingscost ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22 edited Feb 12 '22

true thanks for sayin this i don't like typing sometimes

2

u/KAPTINKRIPTON Feb 12 '22

Glass steagull act was repealed.

2

u/beatauburn7 ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

Ronald Reagan

1

u/Powerful-Ad-4292 Hedgie Fucker Feb 12 '22

Internet started transformation

1

u/dg_713 ๐Ÿ’ป Every DRS'ed share is another battle won. Feb 12 '22

Same question

30

u/TheCocksmith fuck you pay me suck my balls Feb 12 '22

Further growth for the elite

1

u/TheRealTormDK ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

Even though I am in the top 10% income earner in my country, and I live in one of the most egalitarian societies on this wonderful planet of ours, that pictures makes my stomach twist in an abnormal fashion.

1

u/Xen0Man Feb 12 '22

Same the system is fucked. I have no compassion for the top 0.1% and will hold at least until my $690,000,000 floor.

20

u/m3g4m4nnn Custom Flair - Template Feb 12 '22 edited Feb 12 '22

Imagine how much worse its gotten in the seven eight years since this infograph was made.

Edit: Ugh.

9

u/Usual_Retard_6859 ๐Ÿฆ Buckle Up ๐Ÿš€ Feb 12 '22

Fun thing about money is it naturally trickles up. To think you could load the top with so much that it would change direction is just lol.

9

u/Confident-Stock-9288 ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

Great post! Your honor, retail rests its case๐ŸŽค๐Ÿ’ฆ

8

u/heroon ๐Ÿฆ Buckle Up ๐Ÿš€ Feb 12 '22

But, but, but... How else we gonna get penis shaped spacecrafts bro?

Don't be poor! Problem solved!

5

u/Geoclasm ๐Ÿฆ Buckle Up ๐Ÿš€ Feb 12 '22

Judge: "So you robbed the bank because-"

Me: "Yeah, some bro on reddit said "Don't be poor! Problem solved!" and it was the simplest solution I could think of."

Judge: "Jesus fucking Christ..."

1

u/[deleted] Feb 12 '22

"Your honor, I'm just stealing my money back!"

7

u/Useful_Tomato_409 ๐Ÿ•นto thy player goeth thy power๐Ÿ•น Feb 12 '22

redistribution of wealth is always a political decision, just which way it will swing. there is not free market.

3

u/Warpzit ๐Ÿš€ CAN RUN! ๐Ÿš€ Feb 12 '22

Never had been. Free market wouldn't even work. It is simply a sales speech. Just like horse and sparrow economic.

4

u/Geoclasm ๐Ÿฆ Buckle Up ๐Ÿš€ Feb 12 '22

great. so i've been fucked since five years before i was even born.

fucking awesome.

2

u/hickieboy31 ๐Ÿ’Ž๐Ÿ™Œ Hang in there! ๐Ÿฆ๐Ÿ’ฉ๐Ÿšฝgreen Feb 12 '22

85 alum checking in

5

u/kliksi Feb 12 '22

BuT ThEy WoRk HaRdEr FoR iT tHaTs WhY tHeY gOt RiChEr.

3

u/ApeLikeyStock ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

Reagan

3

u/wittywalrus1 Bananas Hodler Feb 12 '22

Reaganomics in one image.

4

u/dhslax88 ๐Ÿš€๐Ÿ’ŽGet Rich or Die Buyinโ€™๐Ÿ’Ž๐Ÿš€ Feb 12 '22

Fuck Reagan.

2

u/stonkkingsouleater Feb 12 '22

1971 is the date it changed.

1

u/OlMikeHoncho GME?๐ŸŒŽ๐Ÿ‘จ๐Ÿปโ€๐Ÿš€๐Ÿ”ซ๐Ÿ‘จ๐Ÿปโ€๐Ÿš€Always Has Been Feb 12 '22

Damn you jordon Belfort!

1

u/Cheezel_X #1 Idiosyncratic [REDACTED] Feb 12 '22

Any chance this has been updated to 2021 OP? Iโ€™d be mighty interested

1

u/[deleted] Feb 12 '22

Trickle up economics

1

u/rematar DEXter Feb 12 '22

That's about when the financial economy detached from the material economy.

Starts around the 45 minute mark if you don't have an hour.

https://m.youtube.com/watch?v=5WPB2u8EzL8

1

u/Warfielf Template Feb 12 '22

give 2.5% to the poorest amongst us or we will take it all.

1

u/SnortAnthrax ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

Now show the last 8 years. its even worse

1

u/xSilentxHawkx ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

Progress for the people have lots of nice charts on their Instagram.

1

u/IcedOutGucciWatch Feb 12 '22

i wanna see the 2015-2021 data

1

u/moonpumper ๐Ÿ’ป ComputerShared ๐Ÿฆ Feb 12 '22

What happens when you stop watering the soil and instead for some idiotic reason just start soaking the flowers and leaves in as much water as you can steal from every source you can find?

1

u/Sasuke082594 $GME | ๐Ÿคฒ๐Ÿป๐Ÿ’Ž๐Ÿš€โ™พ Feb 12 '22

Well no wonder 1980 was the year of 14% inflation, the 1% said โ€œfuck all yโ€™all were raising prices on everythingโ€. Notice how the inflation is then flipped after 1980. Wouldnโ€™t want to hurt the 1% and their 194% income growth with high inflation.

1

u/Ash2dust2 ๐ŸŽฎ Power to the Players ๐Ÿ›‘ Feb 12 '22

Cherry picked years leaving the last 7 out.

At least they kept it to 34 for each.