Kumqwhat
Tipsy Fatcat
10,850 Points
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100
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300
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150
I promise, this isn't a rant. It's just something to think about.
This, my friends, is a 2012 Honda Accord:
It's worth around 20,000 dollars.
This is an item we all know very well, the Kiki Kitty Plushie:
When the Accord was released, it was worth around 1,700,000 gold.
(Keep in mind these are rough estimates)
Let's say, that at some random point between the 2012 release of the car and now (Let's say late 2013/early 2014) the government decides to start selling guaranteed-win lottery tickets that are only available to the citizens who contribute the most money to the government. Assuming they just keeps printing money as the amount of people buying these tickets (understandably) goes up, that means a lot of money is being added to the system, right?
Now, if the government keeps pumping money into the economy at a very quick rate (say, the same rate Gaia has been doing), the cost of everything is going to skyrocket. This is called inflation.
Suddenly, this Honda Accord is worth much more money than before.
Let's use the stats from the Kiki Kitty Plushie to show you just how much.
At the time of this post, this item is going for 4,100,000,000 14,000,000,000 gold on the marketplace. That is about 2,411.65 8,235.29 times what it was two years ago.
If the price of the Honda Accord was 20,000 dollars before inflation, as of right now it would cost a whopping 48,233,000 164,705,800 dollars.
Imagine being a newly graduated high school or college student in this situation.
You're fresh out of school, ready for your new job (whose pay rate hasn't changed, by the way), and you want a reliable used car, say, a 2012 Honda Accord. You obviously can't afford anything fancy, because you're new to adult society.
And then you're told you have to be a multi-millionaire to get even that.
You're probably not going to be very happy, are you?
This, my friends, is a 2012 Honda Accord:
It's worth around 20,000 dollars.
This is an item we all know very well, the Kiki Kitty Plushie:
When the Accord was released, it was worth around 1,700,000 gold.
(Keep in mind these are rough estimates)
Let's say, that at some random point between the 2012 release of the car and now (Let's say late 2013/early 2014) the government decides to start selling guaranteed-win lottery tickets that are only available to the citizens who contribute the most money to the government. Assuming they just keeps printing money as the amount of people buying these tickets (understandably) goes up, that means a lot of money is being added to the system, right?
Now, if the government keeps pumping money into the economy at a very quick rate (say, the same rate Gaia has been doing), the cost of everything is going to skyrocket. This is called inflation.
Suddenly, this Honda Accord is worth much more money than before.
Let's use the stats from the Kiki Kitty Plushie to show you just how much.
At the time of this post, this item is going for 4,100,000,000 14,000,000,000 gold on the marketplace. That is about 2,411.65 8,235.29 times what it was two years ago.
If the price of the Honda Accord was 20,000 dollars before inflation, as of right now it would cost a whopping 48,233,000 164,705,800 dollars.
Imagine being a newly graduated high school or college student in this situation.
You're fresh out of school, ready for your new job (whose pay rate hasn't changed, by the way), and you want a reliable used car, say, a 2012 Honda Accord. You obviously can't afford anything fancy, because you're new to adult society.
And then you're told you have to be a multi-millionaire to get even that.
You're probably not going to be very happy, are you?
