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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (43112)	11/8/2011 4:22:34 AM
From: John Pitera	1 Recommendation Read Replies (1) \| Respond to of 71456

Hi Ggersh, you've been around along time.... I'm posting this response on here as we're debating depreciation of the USD since 1913..... looking for your perspective Message 27753248 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 pricing 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. John pragcap.com hueristic pricing adjustments