And that is a lie the liberals tell to themselves. Liberals we’re in charge. They chose to gift promises to the right, expecting the left to vote for them only to fight fascism. The responsibility is to Harris and her side only. Now you deal with fascism and liberals are still trying to deflect their responsibilities, and that’s disgusting a good reason enough to consider them a part of the fascist problem itself.
I’m not sure everything you’re saying here is right. I live in France, and we face the same economic problems, but still, bread for example is not chemical garbage, and its price is reasonable. But that is also because its price is controlled.
The relative value of different things moved over time. And the relative value of things is also relative to the minimum wage.
What you’re doing here is to convert to another reference currency in order to make comparisons over time. But over time the price of different things moved.
Relative to the minimum wage, household increased immensely. Much more than absolutely anything else. Food increased recently only. Relatively, consumer electronic is now extremely cheap for example.
That is a weird evolution in fact: most things went up in price, but new things went very cheap. It’s like the whole society turned its effort in producing electronics for cheap at the expense of everything else.
And of course the rich got much richer. A good part of the increase in consumer goods went indeed in increasing the wealth of the wealthiest.
Productivity is also a factor, lying in the middle of this. But productivity didn’t apply to everything equally. Productivity in consumer electronics rose incredibly. Productivity in food production also. But the production of consumable food went down in quality, and not much in price. Because companies extracted all the increase in productivity and then more.
Household construction went down dramatically. My hypothesis is that it became a middle class investment at some point, so the wealthy abandonned it. Without investment, construction didn’t increase enough to follow the trend of the society. Rarity also bred profits, which could solidify the strategy of rarefying housing so it becomes more profitable.
To sum up, the work you did with gold could be done with other goods and better reflect the reality people are living. Housing, food, transports, healthcare. Those are much more important and much more accurate to reflect the impoverishment of the population.