Compare the PRICES to 3 years ago...
The price of basically everything keeps going up
Top ten price rises over the past decade
Water and sewerage 111%
Electricity 103%
Secondary education 95%
Tobacco 90%
Gas 92%
Medical and hospital 85%
Pre-school and primary education 78%
Property rates, charges 72%
Automotive fuel 68%
Vegetables 65%
[
link to www.thepunch.com.au]
How do you know exactly when a currency will be devalued?
The answer is: Right AFTER the head of the central bank goes on television to adamantly deny that any such transaction will occur.
Our Old Friend U.S. Treasury Secretary Tim Geithner released a public statement about how the U.S. will "not devalue its currency"? Yes
But... common SENSE will tell you if you keep printing FAKE UNSUPPORTED MONEY..... [
link to usdebtclock.org] you are DEVALUING YOUR currency.
The SHEEP don't get it.
1 + 1 does NOT Equal $2 when you are dealing with a
NEGATIVE $17 Trillion Dollars to STart.... DO THE MATH... there are NO POSITIVES...
It is ALL SMOKE AND MIRRORS and PAY OFF to Goldman Sacks
Here is the real truth....
Quantitative Easing Explained
Well the Dow is hitting all time record highs. I doubt it will be anytime soon.
Quoting: Anonymous Coward 36911096