I don't know, why don't you tell us.Originally Posted by Marvin S
I do know that since the beginning of the Fed in 1913, the dollar has done nothing but lose value!
Just saw this photo over on the Crony Capitalism website
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I don't know, why don't you tell us.
I do know that since the beginning of the Fed in 1913, the dollar has done nothing but lose value!
Just saw this photo over on the Crony Capitalism website
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
To the best of my knowledge & I don't follow it as you & your hero should if you are in the criticism mode. Until the mid-60's AG & AU were used in coinage with the rate set by the government. Ask a numismatistm they would probably know.
As for the dollar losing value, relative to what? If you're going to make the statement back it with something more than your opinion.
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Marvin S
It is certain that the number of those who reason well in difficult matters is much smaller then the number of those who reason badly ........ reasoning is like running & unlike carrying, hence one Arab steed will outrun a hundred jackasses.
Everyone's friend is No One's friend
http://www.measuringworth.com/ppowerus/
What's the matter Marv, becomng forgetful?
Just look at how much more everything cost today compared to the past. Or, try taking a trip abroad(outside of the USA or Mexico) and see what the dollar will get you. Warning, don't go to northern Europe unless you bring the dollar in big drums because it won't buy you much! How about $28 US dollars for a draught bier in the Netherlands because they don't have any value in the dollar.
Last edited by Franco; 01-23-2013 at 06:45 PM.
Where do we go without great leaders for the defense of our liberties? Who will defend our right to live our lives _as we chose_ without others taking that from us? The answer is, as it should be, no one. We are the defense of our rights and should always remember that. Libertarian blogger
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