Monetary Tsunami In America!!

Hopefully that percentage would be at least 100% of the poverty level!

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- xongsmith, 5.7d

I've been looking at the Consumer Price Index, the Cost of Living and the Federal Poverty Level and in the end focused on the CPI with this table:ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txtIn various places here Buzsaw has made a claim to go back to the Gold Standard from whatever is now.I have always thought that easiest way to stop inflation cold in it's tracks was to renormalize it every year or some other recurring period, even as coarsely grained as the US Census intervals.Base the value of the American dollar directly on the CPI, a basket of goods & services typical of the American family. The methodology of determining this basket is very complex and already well-thought out. This is what a dollar will buy - the same basket of goods (contents vastly changing year by year due to technology, but under the watchful eye of the Bureau of Labor Statistics that the Fortune 500 uses).Problem ended.

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- xongsmith, 5.7d

The annual poverty level is based on a single wage earner working 40 hours per week, so it's a system constant of 2080 hours every time in your divisor.

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- xongsmith, 5.7d