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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jon Koplik who wrote (12957)11/8/2011 4:17:43 AM
From: John Pitera1 Recommendation   of 33421
 
If you have watched a movie like harvey a 1950 film with Jimmy stewart the house was obviously built around the turn or the century and its' 3500 square feet plus easy.

If you look at base commodity prices they were a a fraction of that they where later in the century. The top tap rate in the FED Policy kicked in at 10,000 in 1926...... and then it went up quite a bit.

the way the CPI was kept artificially low in the 1990's was the change to heuristic priceing adjustment where if a computer had double the processing power of last year but cost $250 more it was considered to be going down in price. Although it was obvious that for 95% of users they did not have had doubling of productivity from having a processing microprocessor that was twice as fast.

Jon construct a single sentence or paragraph where you can advocate that their has not been price inflation in Gold, silver and all commodities since 1900.

You are using a strawman argument to say that is unsupportable to make your case that their has not been massive price inflation since 1913........I throw this question open to everyone to voice their opinion as to wether or not we have seen massive depreciation / inflation of the USD since 1913.

pragcap.com

John
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