r/SipsTea 15d ago

Chugging tea Why is it not possible?

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u/Throwawayrip1123 14d ago

Compare your QOL to that of someone 100 years ago

I mean, we can also compare just how much capital was extracted from everyone under the "elites" and moved upwards.

And also just how much more money we get per hour vs how much more efficient we got per work-hour. Spoiler alert - we are not getting almost anything of that. "They" are.

And we can go on and on and on, but then you'll say some nonsense like "but you have a smartphone and a TV, they didn't back then!". I don't think it's necessary.

Human race as a whole got much richer than 100 years ago. Vast, vast amount of those gains was concentrated around the same (type of) people.

So do "we" have more? That's where my "everyone" and your "everyone" diverge.

u/SampleOfFruits 14d ago

Yes, everyone has more. Some people have more more, but that’s a problem unrelated to fractional banking.

u/Throwawayrip1123 14d ago

Well, see, not everyone everyone, but hey, as I said. You can think whatever you want, I'm not gonna stop you.

Cheers

u/SampleOfFruits 14d ago

I’m reasonably confident that even the homeless today are better off than the homeless 100 years ago.

Everyone is everyone; to put it another way, I doubt you would choose to go live in 1926.

u/Throwawayrip1123 14d ago

I mean, not specifically 1926, but anything after invention of penicillin up until 2001 (as in, me being adult and living within that time frame) is fair game for me. I'd drop my current lire to go live back then before you finished asking me.

But I don't think we'll agree much on anything, to be honest. You seem to have very "the world got richer, therefore it's better" approach (as I see it, feel free to correct me). I don't. I think we lost the plot after ww1, and went completely insane after ww2, and everything after 2001 makes me giddy for the approaching economic demise. I actually can't wait to see it.