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  1. #1
    Join Date
    Jan 2005
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    Columbia, Mo GO, TIGERS
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    899

    Inflation chart, in US history

    http://www.blacklistednews.com/Chart...0/0/0/Y/M.html


    Iceland had the right idea...repudiate the fake debt, jail the funny-money bankers.

    Predictably, their economy then takes off.
    Pg. 324: "the powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences."
    Tragedy & Hope, by Carroll Quigley

  2. #2
    Join Date
    Apr 2007
    Location
    Kaufman county, Texas
    Posts
    9,977
    Quote Originally Posted by batdude View Post
    http://www.blacklistednews.com/Chart...0/0/0/Y/M.html


    Iceland had the right idea...repudiate the fake debt, jail the funny-money bankers.



    Predictably, their economy then takes off.
    The chart shows 30% current inflation, I am doubting that.
    "You boys are really making this thing harder than it has to be". Me

    "Who ARE you people? And WHAT are you doing in my SWAMP!?" Shrek

    Service calls submitted after 3PM will be posted the next business day.

    I give free estimates [Wild Ass Guesses] over the phone.

    "I am sorry for interrupting, please continue with your quarreling" Some chick on TV

  3. #3
    Join Date
    Feb 2009
    Location
    Canada
    Posts
    6,876
    Quote Originally Posted by Tool-Slinger View Post
    The chart shows 30% current inflation, I am doubting that.
    Looks like the Global Warming chart.
    Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain

  4. #4
    Join Date
    Sep 2011
    Location
    Vancouver, WA
    Posts
    252
    If I had a $20.00 dollar gold piece in the year 1900, I could buy a very good suit with it. Today with that same $20.00 gold peice I can still buy a very good suit with it, how many greenbacks would it take to buy that same suit? Thats inflation. I would tend to agree with the chart.

  5. #5
    Join Date
    Feb 2009
    Location
    Canada
    Posts
    6,876
    Quote Originally Posted by Williamsma View Post
    If I had a $20.00 dollar gold piece in the year 1900, I could buy a very good suit with it. Today with that same $20.00 gold peice I can still buy a very good suit with it, how many greenbacks would it take to buy that same suit? Thats inflation. I would tend to agree with the chart.
    And the economy has increased many fold due to the growth in the monetary supply which also causes inflation. Can't have something without a cost.
    Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain

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