Who is carrying $250 in cash?
So I guess they’re prepping for that hyper-inflation now. Can’t wait for a cup of coffee to cost $75 and a month’s rent to be $20,000. But hey, look on the bright side, I’m sure the stock market will look amazing breaking through all those all time records.
Speaking of, that would be an interesting exercise. They always talk about how various funds and stocks are up or down some percent over the previous day/week/year or whatever. It would be interesting to see that same data but adjusted for inflation. Like is the dow jones up 2% from last year or is it really down 0.5% due to inflation?
But the minimum wage will of course remain unchanged.
Untrue. They’ll find some excuse to lower it. “See! Minimum wage increases make inflation go up! The ONLY way to fix it is to lower the minimum wage!”
I wish. They’ll just look to abolish minimum wage entirely. “The free market will enforce a true minimum wage on its own without the need for pesky government interference. If you own your own business and you understand what you’re employees’ labor is worth, then you and you alone should be deciding what to pay your employees. If it’s too low for them to accept, then they will go elsewhere, and somebody who is willing to work for you at that wage will fill the job.”
They will proclaim that your protections are actually chains, and 1/3 of the country will cheer for the “chains” to be removed. Freedom! America! Yay fascism!
We just need a maximum wage on the books. Complete compensation package maximum
At 3.3%, the average inflation from 1914 to 2026, a cup of coffee that’s now $3.52 will be $75 in 93 years.
Rent, however, $1750 avg for apartment today will be $20000 in 74 years
I’m sure spikes in inflation will jack these numbers up faster than purely averaged rates provide
Average rent today is approximately 1750, it was about 175 in 1976. So if inflation continues at the same rate, in 50 years rent will be about 17.5k a month.
Here’s a link to a news station not run by a fascist enabler
https://www.wavy.com/news/politics/trump-250-bill-proposal-sparks-backlash/
The reported push by Trump administration officials comes despite the 1866 Thayer Amendment, which makes it illegal to put the likeness of a living person on official U.S. currency, bonds or other financial notes. Additionally, current law limits U.S. currency to specific denominations and a $250 bill is not on that list.
Additionally, current law limits U.S. currency to specific denominations and a $250 bill is not on that list.
At least “we can’t take X off the $Y bill” is probably an argument effective on the stupids who want Trump on something. They’d probably only want FDR off the dime, and Trump would never want to be on something so small.
But you can try to get the law changed.
Isn’t that the NBC affiliate that’s partnered with a yacht rock radio station?
I actually think this is good (but maybe a $500 bill). And increase the $10k limits to keep up with inflation.
But put Harriet Tubman’s face on it or sth ffs
Actually, this is not unfitting. Imagine a $250 bill - who would use it? Not normal people, but primarily those who evade taxes or launder money. Exacly the reason why Europe killed the €500 note…
A three dollar bill would have been perfect.
isn’t that illegal? They’re going to have to change the law first–or just break it.
When has that ever stopped them? When the dems break the law, shit is going down. When the repubes break it, there’s no issue
Please be true because it would be extremely funny.
Here’s how I want it to look
There’s nothing funny about it
American families wouldn’t need that new $250 bill just to fill up their gas tanks
- U.S. Sen. Mark R. Warner (D-VA)
Wow, what an asshole that’s completely out of touch with science.
Gas prices are too damn low. We can’t afford to have cheap gas.
This sounds like a lot of money for toilet paper…
But who doesn’t want to wipe his ass on the Drumpf?
Usable for a loaf of bread.
