Panem et Circenses
Bread and Circuses
“...iam pridem, ex quo suffragia nulli uendimus, effudit curas; nam qui dabat olim imperium, fasces, legiones, omnia, nunc se continet atque duas tantum res anxius optat, panem et circenses.”
“The people who once upon a time handed out military command, high civil office, legions — everything, now restrains itself and anxiously hopes for just two things: bread and circuses.”
— Juvenal, Satire X
A permanent record of what things cost and what wages bought.
1913 to present.
Consumer Price Index — Most Recent
Awaiting...
In 1913 a dollar was a dollar.
Today that same dollar buys 3 cents worth of what it bought then. The other 97 cents did not disappear. They were transferred.
En 1913 un dólar era un dólar.
Hoy ese mismo dólar compra lo que 3 centavos compraban entonces. Los otros 97 centavos no desaparecieron. Fueron transferidos.