We have $4.10 gas now in my town. Have you seen the prices at the grocery store?
It is shocking. The price of meat -- $7 or more a pound for steak. Almost every item on the shelves is $5 or more.
The high food prices remind me of when I was a little boy in the 1960s when our family could only afford hamburger, canned tuna and hot dogs and we clipped coupons to save on food costs.
We only had one chicken to eat for the five of us, so the kids fought over who would get a leg or wing.
Looks like we are returning to the days of Hamburger Helper.
Obama: The Hamburger Helper President
Yep, only this time, you're paying for everyone else's HH.
I grew up in those days. I was born in 1960. We didn’t have a color television in my house until 1974. I’m not sure it was all that bad.
Here’s the thing: We need to get back onto a gold and silver standard backing our currency, instead of debt. Fiat money based on debt makes of us slaves with, perhaps, purchasing power beyond our means that enslaves us to objects made of plastic instead of plaster. I went to Wal-Mart yesterday to get a large plaster urn, and found only plastic ones from China. I want to put a miniature peach tree on my back deck. I won’t be doing it with some plastic crap from China. But now that I’m thinking about it, if I had found what I really wanted, I probably would have put it on a credit card and made of myself an indentured servant/slave until it was paid off, along with all my other credit bills.
I think we should go back to a gold standard. Failing that, we should save for and buy an ounce of gold for every month we expect to live in retirement. That gold should be kept physically in hand in the form of coins, and be well-hidden, at home and not in a bank.