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The dollar has lost more than half its value in the past 5 years!! (Google Source)

 
Tony tha Great
User ID: 3255568
United States
09/29/2012 11:03 AM
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The dollar has lost more than half its value in the past 5 years!! (Google Source)
newsflash

The dollar has lost 57% of its value since February 9th, 2007; according to this graph:

[link to www.google.com]

And the price of gold has SKYROCKETED. Gold has gained a whopping 3773% since July 19th, 2002.

[link to www.google.com]

So all you skeptics out there, I suggest you either put your wealth into something useful such as food and supplies. Because things are getting HOT.

(P.S. if you click on the links, to see an overview of each, click on 'All' at the top of the graph)

newsflash

sigh
Anonymous Coward
User ID: 4228507
Canada
09/29/2012 11:17 AM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Since 1971, gold has inflated nearly 5,000%. Since gold is money, and the US dollar is merely a worthless paper currency gold is the best indicator of inflation. This is before we account for the fact that in the post decade there has been an openly admitted price suppression scheme against good by the world's central banks.

To calculate the doubling time of inflation you just need to remember 70. For example 70 / 7% means that in 10 years the price will double. Or 70 / 10% would make it every 7 years.

1971 = 35$
1978 = 70
1985 = 140
1992 = 280
1999 = 560
2006 = 1120
2013 = 2240

This is approximately 7% annual inflation. if not for price suppression I assume the annual inflation would be about 9-10%
Anonymous Coward
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09/29/2012 11:23 AM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
PIN!!!

Excellent post, OP.
Anonymous Coward
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09/29/2012 11:33 AM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Half of nothing is still nothing...
Anonymous Coward
User ID: 24627139
Netherlands
09/29/2012 11:35 AM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Nothing yeah that was the point i think with the older same doing nothing for kids because armys want to even ship patatos to africa and bananas from chilli and everyones still dead.
Anonymous Coward
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09/29/2012 11:36 AM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Without making it nicer.
Tony tha Great (OP)
User ID: 3255568
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09/29/2012 12:11 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
bump
Anonymous Coward
User ID: 12064276
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09/29/2012 12:19 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
about 30 years ago a whole chicken cost less than a 1 $ --( 99 cents ) and gasoline about 1$ a gallon...
Anonymous Coward
User ID: 17549114
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09/29/2012 01:31 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Obomaphone did it
The Governor

User ID: 24622449
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09/29/2012 01:34 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
obamacash
Welcome to Woodbury.

I think being a Democrat should be a felony.

[link to www.policymic.com]
Anonymous Coward
User ID: 23840993
United States
09/29/2012 01:37 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
US Dollar fo ever and ever! More DEBT will fix all...More Debt for me and more DEBT for you... Print so much money you cant even count it!

Weeeee thIs iS fUnnnnnnn!
Life and Love

User ID: 18613580
United States
09/29/2012 01:40 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
In terms of purchasing power, the correct amount is 11.1%
We become like that to which we are devoted. Choose wisely.
No Dhimmi
Proud Infidel

User ID: 22312840
United States
09/29/2012 01:42 PM

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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Dollar Value

Bernak is money

Priceless

:Dollar Index Sep:
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous
User ID: 24027541
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09/29/2012 01:46 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
You mean it's worth only $.02 instead of $.04 (the value of it compared to when the Federal Reserve Act was passed in 1913)?? Hmmmm...hardly worth mentioning...
Anonymous Coward
User ID: 20092618
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09/29/2012 01:47 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
So what your saying is we'll be working 8 hours a day for a cup of rice in a few years right?
No Dhimmi
Proud Infidel

User ID: 22312840
United States
09/29/2012 01:52 PM

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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Bernanke Sent Out 'Thank You for Supporting Federal Reserve Secrecy' Letters to Key Congressmen

In July, the Fed chairman sent thank you notes to five Democratic members of Congress after they delivered speeches on the House floor urging fellow lawmakers to reject Ron Paul's “Audit the Fed” bill, reports Politico.

The letters were sent to Reps. Barney Frank, Elijah Cummings, Melvin Watt, Carolyn Maloney and Steny Hoyer.

[link to www.politico.com]
Background of my avatar: [link to en.wikipedia.org]

The religion of submission cannot survive an open and honest discussion of its convoluted and foolish scriptures, its sexually perverted terrorist prophet, or its deceitful and demented god. When Western leaders become unified and resolute in their hostility to Islam's violent and ungodly beginnings, Muslims will flee the religion because they will be horrified by its endorsement of terrorism, mass murder, slave trading, plunder, kidnapping, and rape.

If Muslims & their apologists really want to cure "Islamophobia," here is an easy way. Focus their indignation on Muslims committing violent acts in the name of Islam, not on non-Muslims reporting on those acts.
[link to www.cspipublishing.com]
[link to www.faithfreedom.org]
[link to thereligionofpeace.com]
[link to www.bibleprobe.com]
[link to www.fatherzakaria.net]

Ecclesiastes 10:2 “The heart of the wise inclines to the right, but the heart of the fool to the left.”

We are all born ignorant, but it takes a lot of work to keep looking the other way to remain stupid.

Islam is not a race - the racism rant is lame, used by the intellectually lazy to derail the debate.
Anonymous Coward
User ID: 17549114
United States
09/29/2012 01:54 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Bernanke Sent Out 'Thank You for Supporting Federal Reserve Secrecy' Letters to Key Congressmen

In July, the Fed chairman sent thank you notes to five Democratic members of Congress after they delivered speeches on the House floor urging fellow lawmakers to reject Ron Paul's “Audit the Fed” bill, reports Politico.

The letters were sent to Reps. Barney Frank, Elijah Cummings, Melvin Watt, Carolyn Maloney and Steny Hoyer.

[link to www.politico.com]
 Quoting: No Dhimmi


The Fed didnt cause this. Obamaphone, nuff said
Anonymous Coward
User ID: 20220748
United States
09/29/2012 02:08 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Sick and tired of people saying "EPIC" all the time, they need to find a new word. Well time to eat Crow, I think that "EPIC" truly applies to this thread!

5*
Anonymous Coward
User ID: 20092618
United States
09/29/2012 02:09 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
Sick and tired of people saying "EPIC" all the time, they need to find a new word. Well time to eat Crow, I think that "EPIC" truly applies to this thread!

5*
 Quoting: Lo0seR


Epic first started in World of Warcraft and spread to everything else after that so blame WoW
Anonymous Coward
User ID: 7186771
Belize
09/29/2012 03:20 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
it's just paper
never had any value
jut fooling the sheeple

+

newsflash

The dollar has lost 57% of its value since February 9th, 2007; according to this graph:

[link to www.google.com]

And the price of gold has SKYROCKETED. Gold has gained a whopping 3773% since July 19th, 2002.

[link to www.google.com]

So all you skeptics out there, I suggest you either put your wealth into something useful such as food and supplies. Because things are getting HOT.

(P.S. if you click on the links, to see an overview of each, click on 'All' at the top of the graph)

newsflash

sigh
 Quoting: Tony tha Great 3255568
Anonymous Coward
User ID: 20220748
United States
09/29/2012 05:44 PM
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Re: The dollar has lost more than half its value in the past 5 years!! (Google Source)
newsflash

The dollar has lost 57% of its value since February 9th, 2007; according to this graph:

[link to goldratefortoday.org]

And the price of gold has SKYROCKETED. Gold has gained a whopping 3773% since July 19th, 2002.

[link to www.google.com]

So all you skeptics out there, I suggest you either put your wealth into something useful such as food and supplies. Because things are getting HOT.

(P.S. if you click on the links, to see an overview of each, click on 'All' at the top of the graph)

newsflash

sigh
 Quoting: Tony tha Great 3255568


Fixed

[link to goldratefortoday.org]

News