The Giant Pool Of Money. Implications

So, speaking of proof, where's your proof of that blind assertion?You said I should prove something that I said was likely the case; not a blind assertion, but a likelihood. I said that because I simply don't have the time to research it. I'm applying common sense. You're discounting liklihoods, assuming that Ruff and his constituents were naieve imbeciles lacking the good sense to act prudently.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The immeasurable present eternally extends the infinite past and infinitely consumes the eternal future.

LOL on 2% Factoring in groceries and clothes etc the realistic rate is, conservatively, 10% and rising rapidly.

quote:

---

It is no secret that the Consumer Price Index has been "improved" 24 times since its inception in 1978, each time to help calculate things to smooth out inflation. Using the original method, inflation right now would be at a 10% rate, which is more plausible when you buy groceries or a pair of pants.

​

QE2 is set to end in July, and some economists believe that the inflation people have noticed will slow and end after that, but with gas prices going up and layoffs increasing, it is unlikely that this will bring any relief, even if inflation does slow.

​

Google is working on an index of online prices, which will give us a very different story from the official word, soon. Yet even that will be skewed because online shopping tends to follow different economic pressures and usually does not include staples like bread and milk.

​

The truth is, we're facing much greater inflation than the official word out of the White House, and everyone who goes shopping knows it. The Obama administration is gambling that by keeping the official word (and thus most news reporting) low on inflation perception won't create worse conditions and the problem will just go away in a few months.

---

The last year you could take your paper notes to the bank and trade for solid silver was 1964. Just about everyting you buy today is at least 10 times higher than that period. Many things are much higher.Gasoline was about thirty cents in 1964. A barrel of crude oil was $3.If you pay $4 for a gallon of gas you are paying about 40 cents in real money. A dozen eggs at $1 are 10 cents in real money.If you are paid $30 an hour for work, that would be $3 in real money but that hour's work would buy 10 gallons of gasoline or 30 dozen eggs in real money as per 1964.Currently, grocery prices are rising by weeks and months rather than years and decades, yet they are not included in the CPI of the Obama Administration.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Hi Straggler. The problem is that historically, it doesn't take long after something precious no longer backs a currency that the currency rapidly inflates. Sooner or later the sheeple will be sweeping it up in the streets like in Germany in the 1930s or using the brass coins for decorative purposes as in China when the old sewing baskets had Peking beads and the inflated coins with square holes in them decorating the lids. Paper notes are as good as the confidence of the public in the government's ability to control the amount of it circulated or counterfeited etc. (abe: If gold or silver were backing the currency no politiiton could purposely inflate the system for political epediency. Precious things like gold and silver can't be eaten, but they, for sure, do not inflate.)Imo, the Obama Admin, with the blessings of George Soros et al are purposely inflating the monetary system to pay off the politically induced debts of the stimulus and to control the population by to impoverishing the sheeple. He can keep on stimulating the sheeple so as to get re-elected, or perhaps cause a global monetary disaster so as to effect the New World Order with global currency, distributing the wealth to Islamic and 3rd world nations.This is in line with the end time Biblical prophecies. It's corroborated by all of the other end time events prophesied to emerge simultaneously as the messianic era approaches. It looks unbelievable but it's all coming to fruition with Israel in place, weather changes, earthquakes, sea waves roaring/tsunamis, rapid fire disasters rise of Islam/antichrist, hostile nations gathering in the Middle East surrounding Israel , emerging one world cashless marks and numbers monetary system the New World order, persecution of Christians, death by beheading, travel & knowledge rapidly increasing, signs in the cosmos, satellites/stars in the sky, capable of falling to earth, capability of all nations to view something in one location, etc etc. Edited by Buzsaw, : as noted in context

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Goods, whether food, oil, gold or sugar are not currency. They are what currency is used for in commerce. They all reflect the inflation of a currency. They all have a limited supply which cannot be regulated and manipulated. Printed or digital currency does not have a limit and is not goods.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

I'm all eyes and ears. Tell me about hyperinflation and busting of the $$ in the 19th and 20th century in America. I've lived 2/3 of the 20th century and it never happened until the $$ couldn't be cashed for silver. In 1900 you could buy a solid oak dining set for around $30 and eggs for a nickel or so a dozen.Any commodity can be manipulated to some extent, but never inflated due to over supply.LOL on the Hunt brothers. They went bust trying to corner the silver market. All they did was inflate the amount of currency to buy goods, in this case, silver. They did not inflate the amount of silver as Obama & co. is doing to our once precious dollar.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

You're deluding yourself, Coyote, denying the evidence in the daily news the past century and in the historical archives. It's all coming to fruition and you're sitting there denying reality

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Yes, I saw the graph. Did you notice that after fluctuating the $$ stabalized again rather than inflate into oblivion as the course we are on today? That's because you could buy goods with it. Of course we can now buy goods with the $$, but less and less goods as it speeds on it's course into oblivion as the socialist despotic regime plans so as to rule us.Wake up, sheeple, before it's too late. According to the prophecies, the longer and sounder intelligent mainstream folks like you sleep the sooner it will happen.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

I know what it means. It means that the $$ was very sound, able to purchase many goods. It was a low period in terms of inflation, but a wonderful high time in the industrial revolution, prosperity and progress, beautiful victorian homes fancy oak furnishings emerging oil and energy production & rural estates, and the emerging of automobiles, advancement of electrical and media technology and air travel, etc. INCOME WAS NOT TAXED!

The emergence into globalism makes the gold standard unfeasible. The best we can do is banish the Federal Reserve, give the coining of currency back to Congress where it is Constitutionally suppose to be, stop occupying pagan lands, support Israel for Jehovah's blessings, eliminate the income tax and reign in government size and regulative powers etc. Senator and possible presidential candidate Ron Paul's ideas are a good start.Obama should be impeached or removed from power, the sooner the better, along with his ultra liberal socialist Islam catered thugocracy. Right to work laws and enforcement of our borders are a priority.There's a lot to be restored back to the good ole days of the Victorian Era, in principle (I say, in principle).

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Taq, You're ignoring my point, that the $$ was never in danger as it is today.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Online Dictionary

quote:

---

fiat money
n.
Legal tender, especially paper currency, authorized by a government but not based on or convertible into gold or silver.

---

Commodities are not fiat legal tender/currency. They are products that legal tender buys in commerce. Silver will always have value for trading for paper. Paper money which has historically been swept up in streets after inflating into oblivion cannot always necessarily be traded for silver. It has, historically, always considered precious, having non-corrosive beauty, durability and commercial use. Not so with unbacked paper notes.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

sYou needn't be sorry. It's less corrosive than brass, copper and iron, suitable in many electronic components and other industrial uses. and highly desirable for it's beauty in jewelry, flatware, decorative desirables, etc whether used as plated or solid. The base metals have historically been less coveted than silver and gold since history has been recorded. Go figure.

---

BUZSAW B 4 U 2 C Y BUZ SAW.
The Immeasurable Present Eternally Extends the Infinite Past And Infinitely Consumes The Eternal Future.

Two things: there are no more items like upside down stamps available and throughout recorded history, the beauty, scarcity and durability of precious metals have rendered them desireable by all civilized cultures.

There is no suitable antonym for corrosive relative to metals. One would have to apply a phrase such as corrosive resistant..

Not so Jar. It is one of the more corrosive resistant of the metals and one of the highest conductible ones to electricity.It's relative scarcity and desirability for Jewelry, etc qualifies it as a precious metal Thus the stability of monetary systems which have backed promissory notes, i.e. bills, by silver and gold.Due to it's cost, it's use is limited to specialty components, etc which warrant it's use.

quote:

---

Silver (Chemical symbol Ag) is a brilliant gray white metal that is quite soft and malleable. It is quite resistant to corrosion and does not oxidize easily, although it readily forms a surface tarnish of silver sulfide. A modern and comprehensive document on the subject is the second edition of the classic CORROSION BASICS textbook.

​

Compare the thermodynamic or chemical energy of metals
Of all the metals, it is the best conductor of electricity.........

---