The dollar was worth 1/40th of an ounce of gold as recently as 50 years ago. Today it’s worth roughly 1/1,800th of an ounce of gold.
They’ve made the dollar more worthless by the day and then tell us how good everyone is doing. Very odd.
Give Ron Paul credit, he does some homework.
Sadly, between the RINO’s and Dems....it will only continue to get worse until an international plan is agreed upon to wipe out all debt and start over. It’ll make, “The Creature from Jekyll Island” look like a bunch of hacks, and every individual be worse off for it.
“Now, if this chart showed the stock price of a company, would you want to invest in it?”
No, but it could be on my watchlist, because they can go up the most after they go down the most. Unless there are “problems”. That’s where the research comes in.
Ron is right but this is very old news as you can see from the chart.
Better buy some Pesos quick if you are worried about what he’s saying. Maybe Rubles. How about some emerging market country money?
In September of 1963, the minimum wage was $1.25/ hr or five silver quarters. Today, that’s worth almost $22.
The current $15/hr the left is demanding is 14 the 1963 rate and worth only 68% of the value of five silver quarters.
We need real money, not pretty pictures of presidents.