Maverick: Top Gun has generated outstanding box office earnings. Some are claiming the earnings are the fifth best in movie history. Yet, when adjusted for inflation, Maverick drops from #5 to #122.
Shown below is the middle of a table ranking films by the equivalent of gallons of gas. Maverick took in 1.4 billion dollars and, in present times, that is the equivalent of 342 million gallons of gas.
In comparison, Avengers End-Game (2019) took in 1.1 billions gallons of gas, or almost four times more than Maverick.
Here’s the top of the table, showing the top seven movies of all time, adjusted for inflation, with Avengers (2019) ranked #5.
As a hypothetical example, if a movie sells $10,000 in tickets and the price of gas is $2, then the earnings are 5,000 gallons of gas.
But if a movie sells $20,000 in tickets but the price of gas is $5, then the earnings are 4,000 gallons of gas.
To accurately rank films by earnings, one cannot use the Federal Reserve dollar. One must use the price of a commodity and ideally the price of a basket of commodities.
For the first time in 12 years, Federal Reserve reduced the money supply/quantity. It was reduced by 0.39% month-over-month, from April to May. The last time this happened was in 2010 when it was reduced by 0.45%
The table below shows the top five times this has happened since 1970. You can see that in April of 2022 it was reduced by 0.4% while in February of 1970, it was reduced by 0.56%.
This means that Federal Reserve has stopped the excessive spending (not withstanding the latest spending bill) and this means that business activity will absolutely fall. Deficit spending and money supply/quantity increases are artificial injections of moneyand business activity and can be turned off at anytime. This stuns business owners who have been expanding based on the past two years of business activity. This is likely the reason many businesses have frozen hiring.
See also this video that shows Federal Reserve charts
– the price of silver is $19.91 and 1/5 raw silver is then $3.98.
– the premium to convert silver into a 1/5 round is 113% leading to a market price of $8.46 for the round.
Just like raw wood is cheaper than a wooden desk, so is raw silver cheaper than a silver round that has been designed, minted, and sent by post.
The price a 10-pack of silver rounds fluctuates with the spot price of silver naturally. I paid $75 on July 23, and now, on Aug 13, the price is $83. Because the dollar value fell and/or the value of silver rose.
Above I noted that the purchase was done without united states and that means not within United states. Within United States, such as DC and Puerto Rico, there are many codes and statutes about trading.
A banking ‘crisis’ in Lebanon led to the outrageous decrees that people cannot access their money. One man became so incensed that he took hostages at a bank, with people outside, unrelated to the man, yelling down with the banks.
i expect many people at this point use crypto or ideally gold via blockchain. This is just patently absurd that we have a system that can ostensibly hold our money, yet then say they won’t give it back in full.
Of course, banking accounts that have interest are really loans to the bank, so if the contract says the bank can change the terms of repayment, then that is the price for putting out your money as ostensibly a loan to the bank that will then load to a third party.
Of course we know that banks don’t lend money and banks don’t take deposits.
Deposit is depose, and that can’t be good.
Let’s summarize (1) fiat currencies are not a good store of value and (2) now we learn the banks can at any point not give back the money
Does this mean that private mints are the answer? Well, there would be no interest rate, and that’s fine for any wealth one wants to preserve.
Deficit spending leads to higher prices because the government borrows money from Federal Reserve. But Federal Reserve does not have any money, so it creates money. That new money decreases the value of all money, leading businesses to raise their prices – You’re giving them money that is worse less and less.
A cost of living increase, in most cases, especially now, should be referred to as a “monetary adjustment”. It’s a request to receive the same agreed-upon value. The money has lost 15% of its value in 12 months. The company need to give you 15% more of it. It’s an increase in dollars, not an increase in value. It’s a monetary adjustment. You’re no better off, but you’re no longer worse off. #inflation #hiring #salaryincrease #salarynegotiation #economics
Federal Reserve and Government Inc. has increased money quantity by 33% since 2000. About a 15% increase per year. This will lead (has led) to about a 15% increase in prices — when measured in Federal Reserve Notes/Dollars.
All the articles about inflation are so incorrect.
Central bank causes inflation by creating more money and lending to gov’t. They know exactly how much inflation there will be because they create the money. Anyone can search for M3 Federal Reserve to see the increase in the money circulating.
To avoid inflation, at least some of it, simply do not store any wealth in the US dollar. Own any stock. Any investment. Any crypto. Any real estate. Doesn’t matter. The dollar is sinking, so limit your exposure. Do you own the Turkish Lira which has decline 50% this year? No. See that’s how you avoid inflation.
Now, your salary. Well that has declined 20%. The only thing to do here is to generate discussion at your company about the M3 federal reserve chart or any price chart of a single commodity to show that things are amiss and the value of the salary has declined. The company needs to do TWO things – (1) raise their prices and (2) raise internal salaries. Just as the banks note above have done.