oh noez! idle resources....
oh noez! idle resources....
"The easy confidence with which I know another man's religion is folly teaches me to suspect that my own is also." ~ Mark Twain.Originally Posted by reduen
I saw that the State was half-witted, that it was timid as a lone woman with her silver spoons, and that it did not know its friends from its foes, and I lost all remaining respect for it, and pitied it."
--Henry David Thoreau
I could be wrong, but I do not think there will be a bounce back in Feb.
"Forward"
let's invade Mali and Syria.
Currently has:
$5,521 Federal Reserve Notes in circulation stamped "NOT BACKED BY GOLD"
- SUPPORT FREE TRADE, SMUGGLE -
2 + 2 = 5.
figure in an 8% inflation rate and that makes the negative growth rate over 8%.
Come check out our message board - Free Speech is always encouraged.
http://speakfreeforum.com/forum/
^^^ Wins Thread ^^^
1776 > 1984
The FAILURE of the United States Government to operate and maintian an Honest Money System , which frees the ordinary man from the clutches of the money manipulators, is the single largest contributing factor to the World's current Economic Crisis.
Privacy and Anonymity are Essential to Liberty. Without them, we leave ourselves open to Police State Abuses. - Yieu and others
You are Ron Paul's Media!
And this is with $1 trillion+ dollar federal deficits, the fed printing $85+ billion dollars per month, and zero % interest rates.
Source for 8% inflation figure?
Freedom is a state of mind. Nobody can take that from you unless you let them.
That's the frightening part, in my opinion.
Ron Paul posted a chart showing the recent years of counterfeiting and my charts are behind the times but lets try getting our own numbers.
http://www.ronpaulforums.com/showthr...in-Circulation
If they double the money supply by counterfeiting, the dollar becomes worth half as much. You could recreate the same inflation by printing up twenty-six times the money we had at the baseline.
I sort of figure inflation is more like 8%. Here is how.
If you take the $5.00 as a base figure and double it you get $10.00. That is a 100% increase.
If you take the $10.00 as a base figure and double it you get $20.00. That is a 200% increase from the original $5.00.
If you take the $20.00 as a base figure and double it you get $40.00. That is a 300% increase.
If you take the $40.00 as a base figure and double it you get $80.00. That is a 400% increase.
And you still have a ways to go. All of that has happened in about the last 50 years.
So like I say, "I sort of figure inflation is more like 8%."
If you go to a bank website and use a calculator to see what the change is it comes out to over 500% and 10% a year. I figure what is a couple of percentage points like 2% a year; UNLESS IT'S A 2% THAT IS A FLAT-OUT LIE.
If there had been any truth to their 2%-a-year inflation the gasoline that was 17 to 25 cents would now be running at about 34 to 50 cents a gallon after fifty years.
http://www.opednews.com/articles/Hap...30131-295.html
Last edited by Carson; 02-01-2013 at 06:03 PM.
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