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To: DannyTN

LOL!Look at an inflation chart from 1791 to 1913 and then go to 1913 to 2012.The numbers tell the real story.


89 posted on 12/16/2013 5:47:28 AM PST by plainshame
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To: plainshame
"LOL!Look at an inflation chart from 1791 to 1913 and then go to 1913 to 2012.The numbers tell the real story."

They tell a story that doesn't matter. Businesses don't care about the impact of small amounts of inflation over 100 years even if after all that time it adds up to a big number.

Businesses care about year to year swings in the value of the dollar. And when you look at that, the FED has had less than half the year to year variability than when we were on the gold standard.

Gold is in short supply. It's easily manipulated by traders like Soros. Plus China is the world's largest gold producer right now. And there is not enough gold to go around to all the people on the planet.

105 posted on 12/16/2013 9:38:09 AM PST by DannyTN
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