How do you live when your job becomes worthless due to fiat devaluation? The purchasing power continues to drop towards zero. The employers pretend as though they are paying you a 'real' wage, and continue with their imaginary evaluations of your work. They have trouble finding replacements for people to do the work because people on the open market know the job is worthless at that pay level. And the part that really seals the deal, is how the governments continue to tax the jobs as though they are earning a 'real' income.
pull down to refresh
21 sats \ 0 replies \ @flat24 2 Oct
I think the most regrettable thing is that people 👥 don't realize that life is more expensive every day due to inflation and currency devaluation. Everyone thinks that having two or three jobs is the solution or earning more money, but it is very complicated, we already know that salaries do not increase as inflation does. So you end up enslaved in one or more jobs, just to keep buying bread 🍞 and paying rent or other basic expenses.
And on the other hand we have people who are still asleep and 👥 who firmly believe in the fantasy of "Job Security" or the so-called "Permanent Job." And their naivety is such that they also believe and count on the state pension system, as if it were a lifeline guaranteed for when they reach the age of 60 or 70.
reply
21 sats \ 0 replies \ @User21000000 1 Oct
Wonder if the management that’s screwing us know that they are also getting screwed
reply
21 sats \ 0 replies \ @rebel_nomad 1 Oct
What I've done since 2020 hit is mainly to hunker down, with the expenses of an Asian peasant for as many days each month as I can manage! ;-)
So far I've protected the Bitcoin I got at ~13800 by selling gold for cash, not an easy decision, but the right one.
Now its all about buidling and publishing in the Bitcoin ecology, something I wrote about here: #669330
reply
0 sats \ 0 replies \ @co574 1 Oct
• Reassess expenses and prioritize essential spending
• Seek alternative income sources or side hustles
• Negotiate with your employer for a raise or benefits
• Look for new job opportunities
• Advocate for policy changes addressing fiat devaluation and wage stagnation
• Build a support network for emotional and resource sharing
• Stack Sats and stay humble
reply