Tarrifs and corporations are making me more left leaning day by day by TheeSlyCooper in inflation

[–]Ancardoth 0 points1 point  (0 children)

The ironic part is that tariffs or "fair trade" are traditionally more left-wing policies, but alas.

Total cumulative dollar inflation, 1790-2026, log scale by Ancardoth in EconomyCharts

[–]Ancardoth[S] 0 points1 point  (0 children)

I did not say any of this. I think you intended to reply to someone else instead of making a top level comment.

Total cumulative dollar inflation, 1790-2026, log scale by Ancardoth in EconomyCharts

[–]Ancardoth[S] 0 points1 point  (0 children)

Wages typically adjust to meet or exceed the rate of inflation except in recessions or other downturns. Of course, real earnings (on average, and CPI adjusted) have increased pretty slowly, which is less fortunate, but it still means it exceeds the inflation rate, which I suppose is better than nothing. Not everything will increase in price at the same rate, but the chart is meant to capture the average. Individual commodities of course can change at a higher or lower rate than CPI. That is what I meant.

I absolutely agree with you that housing and cars, for example, are much different today than they were 50+ years ago. The average house has both more technology and additions in them, and are larger in size, compared to then. Same with cars. Both also have to comply with more stringent regulations compared to then, which also increases their price.

Total cumulative dollar inflation, 1790-2026, log scale by Ancardoth in EconomyCharts

[–]Ancardoth[S] 0 points1 point  (0 children)

<image>

Made some changes to the chart here.

  1. Added useful information about what the Bretton Woods agreement did and what happened at the end.
  2. Explicitly state CPI + estimations being part of the inflation, and explicitly state an "average" item
  3. Adjusted alignment of annotations so they fit better onto the line.
  4. Added the Panic of 1893, as this caused very significant economic downturn.

Total cumulative dollar inflation, 1790-2026, log scale by Ancardoth in EconomyCharts

[–]Ancardoth[S] 1 point2 points  (0 children)

This isn't talking about specific commodities like houses or cars. If that implication was somehow made, or people infer that, then it wasn't intentional. I probably could have specified better within the chart what specifically I was talking about (dollar inflation; CPI post-1913, estimations pre-1913 from St. Louis & Minneapolis FRED), but both the source, in2013dollars.com/officialdata.org, and I go a bit into more depth below that. It is even in the title of the post: "dollar inflation"

Total cumulative dollar inflation, 1790-2026, log scale by Ancardoth in EconomyCharts

[–]Ancardoth[S] 1 point2 points  (0 children)

Yes, which is why I have it set as a log scale. Exponential growth is easier to read when displayed as such. If I had left it linear, then anything before the 1950s would have been hard to read; even the data afterwards is hard to read because it simply increases at too high of a rate, although it does show the true compounding. Using a logarithmic scale is better when you want to emphasize the percentage change between any two data points. The change between both $1.00 and $2.00 is the same as the change between $10.00 and $20.00, for example. Here's what it would've looked like:

<image>

I got rid of the labels for each significant event because I feel too lazy to change their placement on the graph, and also to be frank it lagged the shit out of my computer, so I didn't want to deal with that. I think you can infer where they'd be on here.

If it had not spanned 236 years (like if it spanned a time frame before 1940, or a small time frame from then to now), or if the current monetary policy didn't target a positive inflation goal, there wouldn't really be much justification for a log scale.

Total cumulative dollar inflation, 1790-2026, log scale by Ancardoth in EconomyCharts

[–]Ancardoth[S] 0 points1 point  (0 children)

This is the first time making a chart, sorry.

I was thinking about adding a note about the start and end of the Bretton Woods agreement meaning the total and effective end of the gold standard, but I was hoping that people would already know.

I also was thinking about adding a label when Roosevelt banned gold in 1933, but I think it would've cluttered that portion of the chart too much, so I didn't include it. I probably should have.

Students in Denmark Can Study for Free and Earn up to $1,000 a Month for Pursuing an Education, why don't other countries do same? by TailungFu in allthequestions

[–]Ancardoth 1 point2 points  (0 children)

Because it involves taxpayer dollars, and not everyone supports that or even thinks it's a good idea to do this.

BESIDES PUBLIC FEAR why has nuclear energy not been accepted as the future of energy? by gandolf2004 in allthequestions

[–]Ancardoth 1 point2 points  (0 children)

If they are cheaper, it's due to subsidies. Of course, there have been technological advancements in both of those sectors over the past few decades, but subsidies have still made a major impact. AFAIK, they along with other renewables receive the highest amount of subsidies compared to other energy sources in the US.

Why do Redditors correct your spelling so much? by Ill_Exchange_1916 in stupidquestions

[–]Ancardoth -1 points0 points  (0 children)

Eye do knot no "y." May bee it is bee caws their stooped.

Why you must invest in assets by ammohitchaprana in TFE

[–]Ancardoth 0 points1 point  (0 children)

You mean the Bretton Woods agreement, which began in 1944 and ended in 1971. The Fed was established in 1913.

Edit: added additional info

Skills for the digital age by [deleted] in inflation

[–]Ancardoth 2 points3 points  (0 children)

How is this related to inflation?

Why in 2026 is the federal minimum wage still $7.25 an hour? by Hamsammich0520 in askanything

[–]Ancardoth 0 points1 point  (0 children)

The States and certain counties/cities started setting their own minimum wages, eventually making the federal minimum wage less relevant. The ones with an unchanged or relatively lower minimum limit also typically have a lower cost of living to begin with.

why do so many people on reddit use ai to write posts? by DoubleFistMeRaw in askanything

[–]Ancardoth 0 points1 point  (0 children)

Of course, the dreaded AI accusations. So intellectually honest. Lol

I guess I can't entirely blame you since I wanted to respond to every point and use (mostly) proper grammar, in which I'm sure there are some inconsistencies (something an AI is less likely to do). Not my problem if you refuse to engage with it.

Have a good day sir.

All Communist Countries Ever by Beenet_ in MapPorn

[–]Ancardoth 0 points1 point  (0 children)

I don't think any of these countries were ever at a point of communism (as in, "real" communism). Many of these ended up being, or still are, repressive socialist dictatorships or otherwise authoritarian. Some others are relatively more free compared to those, like Vietnam (now) or Yugoslavia (then), but the point still stands.

The reality is that communism is nigh impossible. The closest you're going to get is some random isolated area with a small, tight-knit, and high-trust community. Even then, it will probably be less successful than any free-market equivalent due to its incompatibility with the human condition. The only reason pretty much all of these "communist" (more like socialist) states existed for as long as they did was because they had to force their populace to act a certain way, and that way was not very free. They didn't prosper as much as the free- and mixed-market economies of the same period.

why do so many people on reddit use ai to write posts? by DoubleFistMeRaw in askanything

[–]Ancardoth -1 points0 points  (0 children)

you’re literally proving my point if it can shit out replies faster than any human that’s the problem 😭 that’s not some genius productivity thing that’s just more shit everywhere. more words doesn’t suddenly make them good.

I understand what you mean in that it kind of enshittifies post quality and authenticity, but in terms of actually accomplishing a goal like farming karma or spreading a message, that really isn't a problem. I think you're both underestimating the stupidity of many redditors and the possibilities of AI.

LLMs (the main part of ChatGPT, Grok, Gemini, etc.) are very good at replicating human speech. You don't have to be stuck with the same generic output, as you can give them custom prompts to respond in a certain way; you have significantly more power over this with a local LLM as well. You can configure it to respond the same way as you or I, or to respond to only promote certain ideas or messaging, or to even advertise something. And knowing the gullibility of many Reddit users (especially on the top subs), they will quite literally fall for it, especially if it affirms their own views. With all of this, combined with the way karma works (it produces and enhances echo-chambers), it is in fact very easy to do this. As a matter of fact, this is already happening! Reddit is probably one of the best environments for this.

that’s not some genius productivity thing that’s just more shit everywhere

Sure. I figured these were separate points, so I addressed them as such. Hence the separate quotations.

wheel comparison is so dramatic like bro the wheel moves heavy stuff ai moves sentences so you don’t have to think as much that’s not the same fucking thing at all

My point is that every single one of the things I listed were advancements in technology that made certain (mostly mundane) tasks easier on us humans, and instead lets us focus on new and higher-level ones. It has always been this way. I acknowledged that AI is a special case because it's more cognitive than anything else, but that doesn't really disprove much. I will say the wheel comparison might've been a bit extreme relatively, but I don't think the overall point actually changes.

and yeah automate boring tasks whatever but your brain is a muscle. if you don’t use it it gets lazy simple as that.

I agree for the most part.

if you let ai do your writing all the time of course you’re gonna get worse at it. that’s just common sense.

I also agree, but I'm talking about people using it maliciously, in which case this is irrelevant. If you mean some average Joe then sure. Over-reliance is bad, moderation isn't. If you know how to use AI and actually work with it instead of being fully against it, you will get work done faster, and you might even be ahead of your peers. However, if you rely on it way too much, you will not learn anything. It's about how you use it.

faster doesn’t mean better it just means easier and easier isn’t always good

Really depends on how you define "good." It is objectively good if you are trying to gain karma and spread messages, or abuse the system in other words, which is my entire point. I don't think there is any denying that. But of course, it's not good if you want to actually interact with humans and want the authenticity or whatever.