Recent comments in /f/Showerthoughts

RiC_David t1_j6bz4vp wrote

Reply to Parents sometimes scoff when younger generations don't want to work as hard as they did or have kids, but part of why they don't want that is because they witnessed the misery of their parents. by smugglingkittens

Nothing has changed for generations. Younger generations appear however they appear because they're young, older generations likewise because they're older.

There was no generation where all the young people wanted to work hard - if they worked hard then it was because they had to, if the next one didn't then it was because it was optional.

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aft3rthought t1_j6bupyl wrote

Reply to The Tooth Fairy injects mass amounts of newly-created money into the economy and therefore directly causes inflation. by I_Seen_Some_Stuff

Okay, we gotta do the numbers! It looks like about 3.6 million children are born every year in the USA. Each child has 20 baby teeth. That amounts to roughly 72 million baby teeth being created every year. Now the payouts happen later, but I think that can be ignored since children are born at a pretty steady clip and teeth fall out over a series of years. It looks like the average payout per tooth is close to $5 these days, so that’s $360 million/year. The USA GDP is 23 trillion dollars. Inflation of 1% then amounts to 230 billion dollars per year. That would mean an additional 0.16% in teeth alone. Large, but not catastrophic. As a comparison, it looks like the IRS estimates $380 billion in taxes go unpaid per year.

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