$20 Ain't What It Used To Be

Topic by FunInTheSun

FunInTheSun

Home Forums Money $20 Ain't What It Used To Be

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This topic contains 8 replies, has 9 voices, and was last updated by  Anonymous 3 years, 3 months ago.

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  • #311114
    +2
    FunInTheSun
    FunInTheSun
    Participant
    8283

    When I was a teenager, I could get through the week just fine with $20.

    $10 for gas. Gas was $1 a gallon.

    $2 for 1 candy bar, a small bag of chips, and a soda.

    $3 matinee movies during the weekend.

    I used to hang out with my friends with just $5. We’d go play some video games at the mall and then go to the food court.

    I used to take a girl out on a date (movie, snack bar) for $20.

    I used to go to rock concerts at clubs for $14. I got to see bands perform before they made the big time.

    THOSE DAYS ARE OVER!!! The prices keep going up, up, and away!

    $20 just doesn’t last long. If I have $20 in my wallet, it’s gone in 3 days.

    "I saw that there comes a point, in the defeat of any man of virtue, when his own consent is needed for evil to win-and that no manner of injury done to him by others can succeed if he chooses to withhold his consent. I saw that I could put an end to your outrages by pronouncing a single word in my mind. I pronounced it. The word was ‘No.’" (Atlas Shrugged)

    #311119
    +3
    K
    Hitman
    Participant

    1980’s…
    20 dollars got you a BJ from a model..
    ….the good old days..

    #311126
    +1

    Anonymous
    43

    $20 used to be an ounce of gold. Yeah. the gold coin thing from the 1890s. Same ounce of gold today is

    http://www.nasdaq.com/markets/gold.aspx

    #311155
    +1

    I thought I was rich when my uncle gave me a 20 dollar bill.

    Never lose sight of what brought you here.

    #311242
    +2
    Clint england
    clint england
    Participant
    341

    It could go that far again if they’d just let everything callopse and sort itself out naturally instead of stealing our money through stealth by printing tons of it and inflating the value of it away!

    Frustrating to say the least.

    Precious metals, emergency food/supplies and for our US brothers ammo.

    Unfortunatly, we in the UK don’t have such rights to protect ourselves, our loved ones and our property. Criminals here need comfort and ‘understanding’

    #311527
    +1
    Beer
    Beer
    Participant
    11832

    $20 used to be an ounce of gold. Yeah. the gold coin thing from the 1890s. Same ounce of gold today is

    Check out what some stocks have done long term…like since the 60s. They make the “rise” in the value of gold look silly.

    #325119
    +3
    Faith+1
    Faith+1
    Participant
    866

    Try spending €20 in Europe, especially in Ireland. You’d be lucky to get a movie ticket, popcorn and a drink out of it.

    Pre 2002 when we used the punt (pound) 20 quid would cover a night out. Pints were about 2.50 so 6 pints = £15 and a fiver left for your taxi home. F~~~ the euro.

    #331843
    +4
    Trivium
    Trivium
    Participant
    1029

    All currencies eventually collapse. The best way to invest your money is in yourself. Learn practical skills, lead a good life.

    Remember the roman empire:

    "Listen to all, Follow none"
    #336381
    +1

    Anonymous
    1

    Try spending €20 in Europe, especially in Ireland. You’d be lucky to get a movie ticket, popcorn and a drink out of it.

    Pre 2002 when we used the punt (pound) 20 quid would cover a night out. Pints were about 2.50 so 6 pints = £15 and a fiver left for your taxi home. F~~~ the euro.

    Where I am, €20 won’t even cover an individual pizza and a beer.

    A great example of what will eventually happen is South Africa, during and after apartheid:

    “the South African Rand reached an all time high of 16.84 in January of 2016 and a record low of 0.67 in June of 1973.”

    Source: http://www.tradingeconomics.com/south-africa/currency

    I’m not saying apartheid / slavery is right (it isn’t) but you can see what happens when you destabilise an economy through massive social upheaval and where you reverse discriminate against the people that actually make the economy work. And I don’t mean by women spending money on credit, I mean by wealth generation by building / creating / offering something tangible.

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