Inflation since the American Revolution. Key events: Creation of the Fed (1913) and Nixon’s cancelling the direct convertibility of the United States dollar to gold (1971.) “Since that time, America has seen a period of non-existent real wage growth and a huge gap grow between the rich and the poor ever since.” Which the pols propose to “cure” with more of the same. “Paper money eventually returns to its intrinsic value – zero.” – Voltaire

inflation since 1776

{ 8 comments… read them below or add one }

Jim Stewart January 8, 2013 at 10:17 am

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Wait a minute!! Did global warming’s hockey stick graph find a new home?

Joe January 8, 2013 at 10:19 am

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END THE FED!!

Okay, I won’t post any Ron Paul stuff, I’ll do one better… My secret internet crush!

“10 Reasons to End the Fed”

https://www.youtube.com/watch?v=vOyfgUQ0fl8

None of this stuff matters though, the politicians won’t do a thing, they’ll just let the dollar collapse and consolidate more power for themselves when it happens. We’re so screwed.

poppajoe49 January 8, 2013 at 6:24 pm

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Gee, 1913?
Now who was President then?
What’s that? Woodrow Wilson?
I’m shocked!

/sarc

jcrowley1985 January 8, 2013 at 6:50 pm

Controversial. What do you think? Thumb up 6 Thumb down 7

Ron Paul was right!

Jim Stewart January 9, 2013 at 12:36 am

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I blame corporate greed.

poppajoe49 January 9, 2013 at 4:33 am

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I blame Ron Paul.

Jayhawk46 January 9, 2013 at 5:04 am

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He was right…..Until he became left.

PsychoDad January 9, 2013 at 10:05 am

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Shuttup, creepycrawley.