RFK names the three corps that control the world
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@taiwan_girl said in RFK names the three corps that control the world:
@George-K Same with college. I was talking to a friend and he said that when he graduated (I think early 90's), his starting salary was just a bit less then his 4 year costs.
Now, I would say the college costs are much higher than a years salary.
Big time. If the cost of college kept up with inflation it would be flat with the black line:

@89th said in RFK names the three corps that control the world:
@taiwan_girl said in RFK names the three corps that control the world:
@George-K Same with college. I was talking to a friend and he said that when he graduated (I think early 90's), his starting salary was just a bit less then his 4 year costs.
Now, I would say the college costs are much higher than a years salary.
Big time. If the cost of college kept up with inflation it would be flat with the black line:

Inflation isn’t the metric used in @George-K and @taiwan_girl s post.
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One could argue the current housing spike of prices "must" go way back down towards the moving average.
Also, if house prices kept at pace with inflation, the average home today would cost $178k, not 408k. Full article here: https://anytimeestimate.com/research/housing-prices-vs-inflation/#housing-vs-inflation
@89th said in RFK names the three corps that control the world:

One could argue the current housing spike of prices "must" go way back down towards the moving average.
Also, if house prices kept at pace with inflation, the average home today would cost $178k, not 408k. Full article here: https://anytimeestimate.com/research/housing-prices-vs-inflation/#housing-vs-inflation
That’s not a one for one comparison. To be applicable, you would need to go back and compare a new house constructed in 1980, and the construction cost of building the same house with same materials, same furnace, etc… as today. Please also factor in the rising cost of land, which is not a straight line investment due to the limited nature… They can’t make more.
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Aside from the silly handwaving (Barge? Silly boy!), the fact remains that we do have a problem. It may not be exactly what RFK says, but it is a concentration of too many homes and too much wealth under too few people.
Been a long time since America was in the Trust-busting business. Maybe it's time we got back in it.
@Jolly said in RFK names the three corps that control the world:
... it is a concentration of too many homes and too much wealth under too few people.
Been a long time since America was in the Trust-busting business. Maybe it's time we got back in it.
"Occupy Wall Street."
You missed it. -
So the British Royal Family aren't lizards?
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