Stop complaining, says billionaire investor Charlie Munger: 'Everybody's five times better off than they used to be'

80% of all US money has been printed since 2020. That means purchasing power is going down by 4/5. If you make $50k a year you will be living a $10k salary. You need $250k to live the same lifestyle as somebody who made $50k a couple years ago. Maybe this has happened already or in progress but it sure seems we are halfway there.

Basically anyone who doesn’t make near 6 figures is entering deep poverty if they haven’t already. We at least have safety nets and government but please be mindful when you want to “overhaul the election system”. The last pillar to fall is the government which is keeping us out of caves and literally feudalism.

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