Results 1 to 5 of 5
  1. #1
    Join Date
    Jan 2005
    Location
    Columbia, Mo GO, TIGERS
    Posts
    905
    Post Likes

    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
    11,006
    Post Likes
    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

    "I am not here to rescue you, I am bringing you along for emergency rations" Quark.

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

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

    My front door is locked. For your personal protection.

  3. #3
    Join Date
    Feb 2009
    Location
    Canada
    Posts
    6,876
    Post Likes
    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
    264
    Post Likes
    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
    Post Likes
    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

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Related Forums

Plumbing Talks | Contractor MagazineThe place where Electrical professionals meet.
Comfortech365 Virtual Event