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No, the problem has been devaluation of the currency throughout my lifetime. My brand new 1964 VW beetle cost $1645. It has nothing to do with libertarianism. It is about government creating money from nothing. Doing that devalues the existing dollars. The dollar is worth less than 10% of what it was worth when I was born. Left up to you guys government would be so large that we would all choke on it.
We don't agree on a definition of inflation.
Who ever the we is you mention, I don't know... You can challenge the linked info all you want... But all you have to challenge it with is your opinion.We don't agree on a definition of inflation.
We means you and me. Throwing prices in with expansion of the money supply is nuts since each has different causes, effects and cures. Prices rise and fall because of changes in supply and demand. They are temporary. Expanding the money supply devalues the dollar permanently. It doesn't have to be permanent but a debtor government will never allow the money supply to deflate so inflation never reverses itself. That is why a Big Mac cost 65 cents in 1970 and $6.5 today. Prices would have risen and fallen over that time but the steady, permanent devaluation of the money produced what you are talking about.Who ever the we is you mention, I don't know... You can challenge the linked info all you want... But all you have to challenge it with is your opinion.
I think its a matter of "Greed" that is involved within the process.... Greed is a conglomeration of many elements of madness, its the equal of something like "Fools Gold"... they think, more is greater. when in actuality.. more in the sense of overly inflated prices might add more 0's to ones wealthy, but in essence their wealthy has less buying power because it takes more 0's to buy what less 0's would buy in the past.We means you and me. Throwing prices in with expansion of the money supply is nuts since each has different causes, effects and cures. Prices rise and fall because of changes in supply and demand. They are temporary. Expanding the money supply devalues the dollar permanently. It doesn't have to be permanent but a debtor government will never allow the money supply to deflate so inflation never reverses itself. That is why a Big Mac cost 65 cents in 1970 and $6.5 today. Prices would have risen and fallen over that time but the steady, permanent devaluation of the money produced what you are talking about.
Nice rant. You don't believe in capitalism so there is no point in my taking this any further.Corporate Greed is Astronomical.... I just saw my vehicle insurace increase $120 on each of my vehicles, I had a fence installed, it cost me around $8K and now to do my roof is another $8-9K. The insurance company, wants to give me less than what my deductable is, so they would have to pay me "$0".
We sit back in over Illiteracy on many levels, to watch Publicly Traded Companies, pay CEO's Multiple Millions, when it takes days upon days of production, just to meet the payroll for Executives... and then the products get smaller, the quality get lower and lower and then they waste fortunes on Advertising to play on the manic egos of people, until they become obsessed with pursuing the purchase.
It's the people who give away their power... by and through their own vanity and ego obsessions and fixations of "gotta have it" mentality... and what do they do? they weaken themselves by going into debt to get it. Only to find out in 6-9 months that thing they obsessed over is obselete.
We need a more intellegent society, one less driven by drama antics, vanity and ego... and one that is learned and invest in understanding the true value of what "We The People" actually means. But... we can't get there ... beause we can't get past the historical "ingrained racism" and "classism" that has been bred and fed into the vanity obsessive of people.
But... Time has a way to fix things, because with the Climate Change... people will have little choice other than to start thinking more "responsibly"... not only in what they do, but how they think, and what they learn to discern between what is a want and what is a need.
The younger enlightened members of the generations that will dominate the future are already far ahead in appreciating the human diversity, which is step one... because they are not growing up being fed the incessant over bearing food of racism.... They are not fed the arrogane of bigotry, they have become to understand more of what "compassion is".... Even as some of their parents try to tell them, to abandon compassion, and pursue their own self centered greed.
Many of the more intellectual young people are not accepting, feeding on it nor will they have it force fed into them.
They are not going to give their labor and time to "greed hoarders" as the generation did before them for low pay, while the greed hoarding types of employers fleece them of their labor, time and incumber them to be forced to live a life wrapped in debt, for the very basics of living standards.
The right wing establishment is fighting against them, but they won't win, because time will continue to see many of those groomed in old ideology continue to die out more and more every year, and others being exposed more and more every day for the antics of greed and madness they engage.
People of lesser minds try not to believe it... but that greed based system of white nationalist ideology is a dying system, and its fighting like hell to try and stay relevant... but their own barbaric savagery continues to expose exactly whom they are.
We saw this system over time of past history, when the cycle of the break down of "the institution of slavery was brought down" and we will see the system of institutional white nationalism and its greed programming agenda, brought down.
It's the progression of life... that the more people learn, the better they become at thinking and being aware, and once they are aware, they learn how and what they need to do.... to advance a better modeling of society.
Correct. Battles of opinions are what drives this entire forum.Who ever the we is you mention, I don't know... You can challenge the linked info all you want... But all you have to challenge it with is your opinion.
No, I want to return to the American experiment. It worked.Like the Articles of Confederation?
Your desire to see the end of the American experiment is noted.
Yes, that is true... but what I posted was "linked info"... if you choose to challenge it, you may do so at your leisure.Correct. Battles of opinions are what drives this entire forum.
So, my difference in viewpoints in reference to your opinion, you take the position as if you are the only one who has a concept of what is "Capitalism". Quite interesting...Nice rant. You don't believe in capitalism so there is no point in my taking this any further.
Nooooooooooo! Nooooo! Think of the french fries!!!!!!!!!!!!!!!!!!!
You posted this. " Let us return to a union of states."No, I want to return to the American experiment. It worked.
No it didn't. The federal government overpowered the states. A union of states never had a chance.You posted this. " Let us return to a union of states."
That experiment failed before the country was 5 years old.
No it didn't. The federal government overpowered the states. A union of states never had a chance.
Massive fail...No it didn't. The federal government overpowered the states. A union of states never had a chance.
The articles of confederation are nothing. It is the constitution that guides federal government.Massive fail...
Please check out the history of the Articles of Confederation.
You are right. When did the Revolutionary War end? 9.3.83The articles of confederation are nothing. It is the constitution that guides federal government.
It doesn't appear you need a history lesson. I certainly don't.You are right. When did the Revolutionary War end? 9.3.83
When was the Constitution ratified? 6.21.88
Get back to me when you've learned about the 5 year period between the two...
Then why do your posts ignore the "Articles of Confederation and Perpetual Union"?It doesn't appear you need a history lesson. I certainly don't.
I already answered that. No need to repeat myself.Then why do your posts ignore the "Articles of Confederation and Perpetual Union"?
Your answer was incorrect.I already answered that. No need to repeat myself.
My answers are my answers. Feel free to ignore them. Don't ask me to repeat them.Your answer was incorrect.
You both agree, he just isn't smart enough to comprehend that his table of inflation rates supports everything you posted. I bought my 1968 Ford Fairlane brand new for $2400, but I was also only earning $1.68/hour at the time. Gasoline was also only $0.25/gallon, as was a pack of cigarettes. My parents had just bought a new 4-bedroom home in 1968 for $12,500 in Fremont, Nebraska.We don't agree on a definition of inflation.
Repetition will help you cement your misunderstanding. Nothing can be done about willful ignorance.I already answered that. No need to repeat myself.
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