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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (59326)	9/25/2010 3:55:22 PM
From: Winfastorlose	3 Recommendations Read Replies (1) \| Respond to of 206784

I'm 56 and I have seen the currency debased significantly during my lifetime. I used to pay dime for a coke and a nickel for a candy bar in the 60s and 25 cents per gallon for gasoline in the late 60s and early 70s. In college I bought 39 cent per lb premium ground beef, paid 19 cents for a can of sardines, could buy a whole chicken for a buck or less and paid 99 bucks a month rent for a nice poolside apt my first year of law school. When I was in high school you could still buy a VW beetle for about $2000 and a Mustang for less than 4 grand. When I was a kid one could buy very good Indiana or Illinois farmland for less than 300 per acre and a $100,000 home was a small mansion It is no new phenomena that the Fed debases the currency, but recently they have taken printing bogus bucks to a new level. This should cause the equity markets to do well since the stocks which comprise the major indices have sales and assets all over the world for the most part.