I am posting this as an offshoot from the "americans becoming desparate" thread in the news section.

We need inflation because people really do not understand its consequences! Either long nor short term.

Inflation keeps the money moving uphill.

Inflation nearly doubled since 2001 as prices on goods nearly doubled. gas, milk etc. (dom would take exception to that, noted).

The problem with inflation is that your 401k that was worth a 1/2 million in 2001 is now only worth 1/4 million today.

That 60k salary you had back in 2001 has now been reduced to 30k oh the number on your check is still the same but you are only buying 30k worth of goods with it!!!!!

This has all been accomplished by a quick and easy stroke of the feds pen and it is being done without oversight of either the us government hence the american people.

It is being done by a cabal of foreign bankers where we are part of their banking system and consider ourselves lucky we have a couple board members.

So how does it feel to have your wages and all your soft assets cut in half?

Has anyone ever botherd to figure out just how bad this really is? 2000% accumulated inflation since 1930ish?

Lots of smart peeps in here.

Punch up the numbers.

Put 1million bucks in the bank in 1935 when the dollar had a value of 1 dollar.

Assume a generous 6% return in interest.
Assume 20% taxes on the profits.
Factor in and reduce the sum by inflation
then take the money out of the bank today and tell me what ya got?

Millions right? Wrong!

My cipherator says you wind up with about 479,000 bucks in the account after they used your money for 73 years!!!!!!!!

So everyone be sure to continue to vote for the status quo.
.

It allows Conservatives to simply print more money to cover their massive debts. Deflating the value of money makes the debt worth less. Of course it acts like a regressive tax on everyone, but that's the point

Comrade Patriot, so good to see you. And I see that you are just as smart as ever.

You are so right, there never was any inflation when rulers of our glorious people's Democratic party had an Iron Fist holding our strings. Roosevelt had no inflation, Jimmy Carter only had 1% inflation. (or was it 100% inflation, I forget..)

These evil fascist neocon Republicans with their 4% inflation are ruining us all.

Like comrade Realone says, at 4% inflation prices double in 7 years. Realone is a mathematical genius. All those stupid evil neocon Republicans with their Net Present Value and Future Value calculus are just too dumb to understand the brilliance of the new Peoples Math!

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Obama - Biden '08, working to make America more like Cuba!

$1,000,000 earning 6%-20% tax annually, or net 4.8% annually yields $30,645,988 nominal.

Measuring Worth - Relative Value of US Dollars

Here's the rule of thumb: doubling time is 70 divided by rate in percent: 70/4 => doubling time of 17.5 years. For prices to double in 7 years, inflation needs to be 70/7 => 10%. (The precise numbers are 17.67 years and 10.4% respectively.)

I guess that's why you earned a quarter an hour and steaks were a nickle.

Gosh; fuzzy logic eh?

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Sani-Hut: Serving the Jewish Community since 1933.

“The South will Rise Again, not by war nor opposition to anything, but by taking its rightful place as the wealthiest, most cultured, most honorable and most dignified section of the greatest nation on the Earth.�

Here is my math and no I dont piss around playing economics games with the math, I run right off the value of gold which is a direct indicator of inflation.

base 6 20

$1,000,000.00 $60,000.00 $12,000.00
$1,048,000.00 $62,880.00 $12,576.00
$1,098,304.00 $65,898.24 $13,179.65
$1,151,022.59 $69,061.36 $13,812.27
$1,206,271.68 $72,376.30 $14,475.26
$1,264,172.72 $75,850.36 $15,170.07
$1,324,853.01 $79,491.18 $15,898.24
$1,388,445.95 $83,306.76 $16,661.35
$1,455,091.36 $87,305.48 $17,461.10
$1,524,935.74 $91,496.14 $18,299.23
$1,598,132.66 $95,887.96 $19,177.59
$1,674,843.03 $100,490.58 $20,098.12
$1,755,235.49 $105,314.13 $21,062.83
$1,839,486.79 $110,369.21 $22,073.84
$1,927,782.16 $115,666.93 $23,133.39
$2,020,315.70 $121,218.94 $24,243.79
$2,117,290.86 $127,037.45 $25,407.49
$2,218,920.82 $133,135.25 $26,627.05
$2,325,429.02 $139,525.74 $27,905.15
$2,437,049.61 $146,222.98 $29,244.60
$2,554,027.99 $153,241.68 $30,648.34
$2,676,621.34 $160,597.28 $32,119.46
$2,805,099.16 $168,305.95 $33,661.19
$2,939,743.92 $176,384.64 $35,276.93
$3,080,851.63 $184,851.10 $36,970.22
$3,228,732.51 $193,723.95 $38,744.79
$3,383,711.67 $203,022.70 $40,604.54
$3,546,129.83 $212,767.79 $42,553.56
$3,716,344.06 $222,980.64 $44,596.13
$3,894,728.57 $233,683.71 $46,736.74
$4,081,675.55 $244,900.53 $48,980.11
$4,277,595.97 $256,655.76 $51,331.15
$4,482,920.58 $268,975.23 $53,795.05
$4,698,100.77 $281,886.05 $56,377.21
$4,923,609.60 $295,416.58 $59,083.32
$5,159,942.86 $309,596.57 $61,919.31
$5,407,620.12 $324,457.21 $64,891.44
$5,667,185.89 $340,031.15 $68,006.23
$5,939,210.81 $356,352.65 $71,270.53
$6,224,292.93 $373,457.58 $74,691.52
$6,523,058.99 $391,383.54 $78,276.71
$6,836,165.82 $410,169.95 $82,033.99
$7,164,301.78 $429,858.11 $85,971.62
$7,508,188.26 $450,491.30 $90,098.26
$7,868,581.30 $472,114.88 $94,422.98
$8,246,273.20 $494,776.39 $98,955.28
$8,642,094.32 $518,525.66 $103,705.13
$9,056,914.85 $543,414.89 $108,682.98
$9,491,646.76 $569,498.81 $113,899.76
$9,947,245.80 $596,834.75 $119,366.95
$10,424,713.60 $625,482.82 $125,096.56
$10,925,099.85 $655,505.99 $131,101.20
$11,449,504.65 $686,970.28 $137,394.06
$11,999,080.87 $719,944.85 $143,988.97
$12,575,036.75 $754,502.21 $150,900.44
$13,178,638.52 $790,718.31 $158,143.66
$13,811,213.16 $828,672.79 $165,734.56
$14,474,151.40 $868,449.08 $173,689.82
$15,168,910.66 $910,134.64 $182,026.93
$15,897,018.37 $953,821.10 $190,764.22
$16,660,075.26 $999,604.52 $199,920.90
$17,459,758.87 $1,047,585.53 $209,517.11
$18,297,827.29 $1,097,869.64 $219,573.93
$19,176,123.00 $1,150,567.38 $230,113.48
$20,096,576.91 $1,205,794.61 $241,158.92
$21,061,212.60 $1,263,672.76 $252,734.55
$22,072,150.81 $1,324,329.05 $264,865.81
$23,131,614.04 $1,387,896.84 $277,579.37
$24,241,931.52 $1,454,515.89 $290,903.18
$25,405,544.23 $1,524,332.65 $304,866.53
$26,625,010.35 $1,597,500.62 $319,500.12
$27,903,010.85 $1,674,180.65 $334,836.13


Total after taxes and inflation compunded annually = $656,541.43



1933 1oz $20.00/today $850.00 = $0.02

I thought it was the 72 rule?

.

The only thing I would change in your statement is that I would change conservatives to government or 2 party clinton bush monarchy.

Otherwise that is precisely right, that it is a tax that is for al intents and purposes hidden and effects the poorest people and people on fixed incomes the worst.

In any event I have yet to figure out why we need inflation and a debt dollar?
.

As the wealthy are given massive tax breaks and allowed to shift their assets overseas....

um, where does that leave us? With a stimulus check? woo hoo

Now go spend that at the wal mart, whose products all come from overseas... um.

I had seen in a documentary and read on several occasions that the Dollar today is worth 4 cents compared to when the dollar first went into circulation.

To bring something to the discussion such as liberals or conservatives as the blame we are just veering away from the reality that our country has been destroyed by design.

Our monetary system is not actually ours. It is that of the Federal Reserve (Private Bank) owned by 12 European bankers in which prints money with an interest tag attached to it so that America would be in debt for eternity.
Dont for one minute think that Great Britain gave up so easily after the revolutionary war. After all.....Our forefathers were Masons.

Another fact is that Every president is said to come from or have connection to a royal monarch bloodline found in Europe.

Before you start calling me crazy do the research yourself.


Good Day

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