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  1. 01-09-2013, 06:46 PM #1
    batdude
    batdude is offline Professional Member
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    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
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  2. 01-09-2013, 08:04 PM #2
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    Tool-Slinger
    Tool-Slinger is offline ARP Committee/Professional Member*
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    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.
    I draw all my schematics in crayon now. If they cannot always be correct, they can at least be colorful.

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

    I am not in business to make money from other people so that I can afford to work for you for free.

    If the fall is over, mmmm let's say, 6 feet or so,.. I do not 'bounce' very well.
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  3. 01-09-2013, 10:55 PM #3
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    printer2
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    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
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  4. 01-10-2013, 09:21 AM #4
    Williamsma
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    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.
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  5. 01-10-2013, 10:14 PM #5
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    printer2
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    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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