Chapter 7138: 10 Years of Prices 2
The Federal Reserve expressed its position, but did not make any effort.
Anyway, the United States has been changing its business. For the United States, all their work has been outsourced as much as possible. Except for some industries, the rest are high value-added industries, especially since the United States is the standard-setting country in the world.
Under this premise, the United States itself is not afraid of the social unemployment rate caused by the "Nuwa Terminal". This is almost no problem for the United States. Although there are many people with low education in the United States, most of these people are in the service industry.
The United States is a country with a very developed service industry and a country with a large number of high value-added industries. Therefore, it does not care so much about the layoffs brought about by the Nuwa Terminal.
Therefore, the United States has enough confidence to wait and see. Especially for the seven major families that control the US economy, they are more willing to see the confrontation between the eight major European families and Lin Feng. It is impossible for them to charge forward every time and they watch the show from behind.
Therefore, the United States can accept a certain degree of unemployment. In particular, this unemployment rate ultimately affects Trump, the damn heretic. A guy who stirs up the whole world and makes it restless. A nasty guy with a Chinese son-in-law.
Unemployment rate, okay. Don't worry! At most, the Fed can just print more money. In that way, it can absorb the short-term impact of these unemployed people. As for where these money went, it's simple. Countries around the world absorbed it.
Prices in the United States have risen in the past 10 years, from 2000 to 2010, but they are very low.
On average, to buy a new house. The amount paid in 2000: $169,000, adjusted to the price in 2010: $214,004, price increase: 4%.
To buy health insurance for your family. The amount paid in 2000: $6,438, adjusted to the price in 2010: $8,152, price increase: 69%. This is the biggest change, the increase is too fast. However, the huge increase in insurance purchases also shows two points. First, Americans have higher incomes, so they buy more insurance; second, the per capita happiness index has increased, so they can buy such a high amount of insurance.
University tuition. Harvard University, including tuition, fees, room and board, paid in 2000: $33,110, adjusted to the price in 2010: $41,927, price increase: 21%.
Gasoline. The amount paid in 2000: $1.46 per gallon, adjusted to the price in 2010: $1.85 per gallon, price increase: 48%. How much is this one gallon?
Ahem! This,
Lin Feng has always felt very depressed when he went to the United States in recent years, that is, 1 gallon of gasoline is equal to 3.78 liters. This really makes Lin Feng feel cheated.
Then, the ordinary prices, that is, eggs, vegetables and so on. For example, eggs, 12 eggs, in 2000, cost $1.02, and now, in 2010, 12 eggs cost $1.35, a price increase of 18%.
The rest of the price increase is almost the same. This makes people feel crazy.
And how much has the wage increased in the past 10 years? In 2000, the per capita GDP of the United States was $36,437, and in 2010, it was $48,287, an increase of 32.5%, while the average price increase was less than 20%.
Especially the largest expenditure, housing, has only increased by 4%. It can be said that the wage level has increased, but the price has not reached the wage increase. In that case, the happiness index of the people will naturally rise steadily.
Of course, if this period is extended a little longer, to 30 years. Then how much has the increase been? 30 years ago, that is, the price of American goods in 1980 and the price of American goods in 2010, there is only a difference of one time.
And what about the wage increase? In 1980, the per capita GDP of the United States was $12,570. Now, 30 years later, wages have increased by 300%, while prices have only increased by 100%. This happiness index is too high.
Why is this so? It's very simple. The United States has printed a large number of dollars and dispersed them to countries around the world. This has led to countries sharing the trend of rising prices brought about by rising wages in the United States. In simple terms, the United States has printed a large number of banknotes to buy cheap materials from abroad to ensure the living standards of the people, so that they can enjoy the rich material needs while not living in poverty due to inflation.
As for the domestic situation, in 1980, Lin Feng vaguely remembered that there were still food stamps at that time. Eating noodles in the morning cost 10 cents and 2 taels of food stamps. Nowadays, a bowl of noodles does not require food stamps, but costs 8 yuan.
Of course, one thing must be admitted, that is, the domestic materials are far better than before, and the lives of ordinary people have been far better than before. It's just that compared with developed countries, we are still far behind.
So back to the topic, the United States is not afraid of the impact of the Nuwa terminal, at least not now.
Now it's Europe that is panicking.
Because of the establishment of the European Union, some of the "poor" countries in Europe, or should we say, some of the wealthy countries in Europe on the surface, but at the root of the problem is that the high welfare of the country has led to the laziness of the people, and some countries are on the verge of bankruptcy.
For example, Greece, the Greeks are extremely lazy. Their life is to eat, drink and lie down. Eating delicious food, drinking fine wine from all over the world, lying on the side of the Aegean Sea, watching the sunset and rising stars, this kind of life is too wonderful.
However, countries like Greece have put too much pressure on the European Union, and its economy is already in a highly tense state. On the contrary, the United States has never been a welfare state, but a country that creates dreams with its own ability.
This gap has gradually left Europe behind by the United States. It also makes Europe unable to withstand the "Nu Wa attack" like Lin Feng, which is too cruel.
Once more people are unemployed, although the total tax revenue will not be less. After all, these companies will not collapse, they still exist and still make money. However, the various social contradictions brought about by a large number of unemployed people will drag down Europe.
After all, Europe has always been a country with high welfare. And if high welfare brings high unemployment, the country will go bankrupt. In particular, this European gambling group has started, and they have started a very bad start.
"Boss, the European gambling group, they messed around like this, but they got you in trouble!" Fengjian Hui Lisa reprimanded.
"These guys are really impatient. Sure enough, those who are in the gambling industry are in the gambling industry, without any foresight. However, this is not bad. At least, it allows me to see what is happening in Europe?" Lin Feng's eyes were deep.
The future will definitely be chaotic. If Lin Feng can't solve the damn Vulcan fragments. Then he must see this clearly before. Of course, the eight major families in Europe also make Lin Feng wary.
The dog that bites doesn't bark.