TGC Player
This is true paper money is worth at least than half it was in the 80s.
I think it is much deeper.
example:
Cost of a first-class stamp: $0.15
It is now 0.52
this means it takes 3.42 times as much money to buy a stamp.
A 1980 pound of baked ham cost $1.19. Now a baked ham costs about $3.59 per pound.
3.01 times as much paper to buy ham.
In 1980 a gallon of milk sold for $1.69. Today a gallon of milk costs $2.49.
MILK HAS NOT EVEN DOUBLED!
In 1980 a dozen eggs cost 69 cents. Today a dozen large eggs costs 89 cents.
has only gone up 20 cents in 36 years.
Somthing smells fishy in the hen/fed house.
prices from
http://www.kpcnews.net/special-secti...ections11.html
but if you look at an inflation calculator
it says 15 cents should be only .38 cents today.
http://www.westegg.com/inflation/
What this tells me is that the feds have messed up the whole economy.
So what I am attempting to show is that inflation is double for paper money itself,but not the actual products services & commodities,THEY HAVE BEEN TAMPERED WITH!
TRUTH IS the ARTIFICIAL price fixing of individual markets has gone haywire and does not match inflation at all.
This is reason to invest in gold.
One day people of the world might likely return to moneys based on the commodities & not on illusorily economics that alter and fix prices on the commodities to places commodities should not be at,only due to the ARTIFICIAL ADJUSTMENTS,SUBSIDIES,and LINED POCKETS BEHIND CLOSED DOORS!
One day people shall wake up and see that to produce fuel you can run a small current thru water and make hydrogen and oxygen.And that oil is like wood better used for other things now that technology has stepped mankind further ahead.
Aloha