Value

From PreparingYou
Revision as of 04:07, 1 October 2013 by Wiki1 (talk | contribs) (Created page with "link=http://www.preparingyou.com/wiki/index.php?title=RealMoney|300px|Center|thumb|You can't afford a ford any more? On this day in history in 1908 He...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
You can't afford a ford any more?

On this day in history in 1908 Henry Ford introduced the Model T automobile. It cost $825.

"It is generally regarded as the first affordable automobile, the car that opened travel to the common middle-class American; some of this was because of Ford's efficient fabrication, including assembly line production instead of individual hand crafting." http://en.wikipedia.org/wiki/Ford_Model_T By 1914, an assembly line worker could buy a Model T with four months' pay.

Could you buy a new car with a few months pay?

We have lots of stuff today but what do we get for our labor? What are you worth?

The same silver dollars used to buy that car were worth almost 29000 dollars in 2012 yet people were buying the car with cash. As of last year 2012 the relative worth of $825.00 from 1908 is depending on how you calculate it:

it could be about   $44,200.00      using the value of consumer bundle  or         $89,500.00      using the unskilled wage  or  $137,000.00     using the Production Worker Compensation     or   $124,000.00     using the nominal GDP per capita or even        $441,000.00     using the relative share of GDP       http://www.measuringworth.com/uscompare/

According to some the average salary in 1908 was $600 a year.

http://wiki.answers.com/Q/What_was_the_average_salary_in_1908

Accordingly In 2012, the relative worth of $600.00 from 1908 is $65,100.00 using the unskilled wage or $99,900.00 using the Production Worker Compensation or $320,000.00 using the relative share of GDP .

So you have a lot of shiny things but you make less and the average household debt shows that you are going farther into debt. Governments wont change until people change.

Get out of debt.

Develop a different economy based on something of real value.

What is real value?

People.

Seek people who care about each other as much as they care about themselves.

Seek people who are willing to sacrifice their standard of comfort for a standard of living based on the principles of Christ which is righteousness.

What is money?

Join The Living Network in your area and Connect with others http://www.hisholychurch.org/network/localnet.php We will share more details with local ministers of record in good standing.

Peace on your house Gregory at hisholychurch.org Go to the Outline of Site for a list of articles, audio and video, etc. http://www.hisholychurch.org/outline.