"The greatest of evils and the worst of crimes is poverty."
Biggest Transfer of Wealth in US History Has Now Begun
Citizens, consider the following institutional initiatives, and it's short/mid/long-term detrimental economic impact on the value of US Currency, and to those American citizens who will be subject to increased economic depression. Exactly one hundred and 13 years ago, George Bernard Shaw argued that "The greatest of evils and the worst of crimes is poverty."
Martin Luther King Jr. wrote, three major evils—the evil of racism, the evil of poverty, and the evil of war. These are the three things that I want to deal with today. Now let us turn first to the evil of racism. There can be no gainsaying of the fact that racism is still alive all over America. Racial injustice is still the Negro’s burden and America’s shame. And we must face the hard fact that many Americans would like to have a nation which is a democracy for white Americans but simultaneously a dictatorship over black Americans. We must face the fact that we still have much to do in the area of race relations.
Special by The Desert Sun: Wherein evil, ugliness, and poverty are explained: Life is a pendulum that swings back and forth. You can’t be wealthy unless someone is poor. You can’t recognize beauty without seeing ugliness. There is no light without dark, and objects require space to be perceived as solids. Birth is inconceivable without death, as is summer without winter. When you come to realize losers fulfill a necessary function (making winning possible); that some people are attractive because others are not — then you will never be confused by the presence of “bad” things in a perfect universe created by a loving God. Good depends on evil, and vice versa.
Guest opinion from Popmalt forums: To those who believe that the poor choose their state by means of laziness, and a desire to be supported by the rest of society - I recommend you read this article. The belief that anybody may become successful (particularly in the USA) is not supported by either logic or fact, and the reality is sobering. So try and remember all this when you are next motivated to support obscene disparity of wealth in your society.
U.S. ECONOMY TO SHRINK 24% FROM APRIL to JUNE 2020: Goldman Sachs
What was the value of a $100 dollars in 1942? The U.S. dollar experienced an average inflation rate of 3.60% per year during this period, meaning the real value of a dollar decreased. In other words, $100 in 1942 is equivalent in purchasing power to about $1,576.53 in 2020, a difference of $1,476.53 over 78 years. The 1942 inflation rate was 10.88%.
What was the value of $100 dollars in 1952? The U.S. dollar experienced an average inflation rate of 3.47% per year during this period, meaning the real value of a dollar decreased. In other words, $100 in 1952 is equivalent in purchasing power to about $948.04 in 2018, a difference of $848.04 over 66 years. The 1952 inflation rate was 1.92%.
What was the value of a dollar in 1962? The U.S. dollar experienced an average inflation rate of 3.76% per year during this period, meaning the real value of a dollar decreased. In other words, $100 in 1962 is equivalent in purchasing power to about $850.91 in 2020, a difference of $750.91 over 58 years. The 1962 inflation rate was 1.00%.
What was the value of a dollar in 1972? The U.S. dollar experienced an average inflation rate of 4.05% per year during this period, meaning the real value of a dollar decreased. In other words, $100 in 1972 is equivalent in purchasing power to about $574.18 in 2016, a difference of $474.18 over 44 years. The 1972 inflation rate was 3.21%
What was the value of a dollar in 1982? The U.S. dollar experienced an average inflation rate of 2.69% per year during this period, meaning the real value of a dollar decreased. In other words, $100 in 1982 is equivalent in purchasing power to about $260.34 in 2018, a difference of $160.34 over 36 years. The 1982 inflation rate was 6.16%
What was the value of a dollar in 1992? U.S. Inflation Rate, $100 in 1992 to 2016. In other words, $100 in 1992 is equivalent in purchasing power to about $171.07 in 2016, a difference of $71.07 over 24 years. The 1992 inflation rate was 3.01%. The inflation rate in 2016 was 1.26%.
What was the value of a dollar in 2002? The U.S. dollar experienced an average inflation rate of 2.00% per year during this period, meaning the real value of a dollar decreased. In other words, $100 in 2002 is equivalent in purchasing power to about $142.84 in 2020, a difference of $42.84 over 18 years. The 2002 inflation rate was 1.58%.
What was the value of a dollar in 2012? In other words, $100 in 2012 is equivalent in purchasing power to about $106.76 in 2017, a difference of $6.76 over 5 years. The 2012 inflation rate was 2.07%. The inflation rate in 2017 was 2.13%.
Researched by Ricardo Rose