Author Topic: US dollar - 100 years later it will buy you 1/50th of what it would then  (Read 1558 times)

agenda21nwo

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USA USA USA LOL talk about a society in economic decline.

agenda21nwo

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Oh yeah and good luck balancing that budget.  Then you can start on balancing the interest payments.

agenda21nwo

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I wonder when the fed will start printing "larger" notes?


phreak

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I wonder when the fed will start printing "larger" notes?


African money, printed on the finest banana leaves.

agenda21nwo

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agenda21nwo

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A happy Obama voter.  This should buy him a weeks worth of food.


agenda21nwo

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An Obama voter buying 3 eggs.


agenda21nwo

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The restaurant bill.



Luckily he was cashed up!


pedro01

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Yes - a healthy level of inflation is a sign of a healthy economy.

The fact that a dollar buys less that it would 50 years ago is common sense, not economic armageddon.

My dad brought his house for 3,000 pounds. It's now worth 200,000 pounds over 40 years later.

So what?

Mr Anabolic

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I have a few of these.  Great conversation piece.



Most of you are going to feel like you crashed into a brick wall when the shit finally hits the fan.

I feel very bad for younger people and children.  They have been totally disenfranchised and don't even realize it.

Mr Anabolic

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Yes - a healthy level of inflation is a sign of a healthy economy.

The fact that a dollar buys less that it would 50 years ago is common sense, not economic armageddon.

My dad brought his house for 3,000 pounds. It's now worth 200,000 pounds over 40 years later.

So what?

They are basically stealing your labor.

Incomes are not rising to keep up with the inflation (i.e. dollar debasement).

Please get a clue.

pedro01

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They are basically stealing your labor.

Incomes are not rising to keep up with the inflation (i.e. dollar debasement).

Please get a clue.

No-one is stealing my labor.

My income rises when I put the prices of my products up or when my products become more popular.

In fact, I think it might me time for a little price increase...

agenda21nwo

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Yes - a healthy level of inflation is a sign of a healthy economy.

The fact that a dollar buys less that it would 50 years ago is common sense, not economic armageddon.

My dad brought his house for 3,000 pounds. It's now worth 200,000 pounds over 40 years later.

So what?

Err...  your own example proves massive inflation  ::)

pedro01

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Err...  your own example proves massive inflation  ::)

No - it proves healthy inflation. Not massive inflation.

The development of the country shows how healthy this inflation was - compare any UK city in the 60s to now and you'll figure it out.


Vince G, CSN MFT

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Zimbabwe is fucked up because they kicked all 4000 of the white farmers off their land and took their land.  Technically it didn't belong to them however it destroyed the GDP of the country plunging it into utter chaos.  No one wants to do business with the country so its fucked
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