Crepitus
Diamond Member
- Mar 28, 2018
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Just more rwnj talking points.In 1932 an ounce of gold was $20. FDR couldn't do his raw deal, so took the US off the gold standard for the first time so then he could buy an ounce of gold for $25 an ounce, or confiscated it if you didn't turn it in. So what did he do for the gold? Make it more valuable? No he made the dollar 25% less valuable, but he could print more so he could put a chicken in ever pot and start the Ponzi Scheme of Social Security where people didn't live very long past 60. Then the gold standard was put back limiting the government so it couldn't continue to print more dollars, thus preventing the government from growing like a cancer tumor. But then liberal Republican Richard Nixon(who got US out of the VN war while the Dems got US in and escalated the war for the liberal war machine) took the dollar off the gold standard permanently so he could spend like a Democrat on social programs like the Dept of Ed. Thus since then, the government has grown to the point that the host was almost killed, until the US voter woke up and voted against the corrupt bitch that would of given US 4 more years of $1.15 trillion dollar debt per year as Obama did over his 8 years with no hope of larger GROWTH.Well, your prices are pretty close to right, but the rest of that is simply a regurgitated rwnj talking point.So, economics isn't your strong suite.Adjusted for inflation, $2.00 in 1962 is equal to $16.43 in 2018.
Annual inflation over this period was 3.83%.
You were making more than what the workers you are bitching about are getting a raise to.
Calculate the value of $2.00 in 1962. How much is it worth today?
That is a big fat lie, the $2.00 bucks my aunt put under her bed in 1962 is worth $2 bucks today .
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Here's the point:
What you can buy with those two dollars has changed a lot.Back when I was a burger flipper at McD's working for $2.10 an hour, a burger, small fry and small drink totaled 95 cents and a trans am fire bird was $6,000.. Today with minimum wage at $10 an hour, a burger, small fry, and small drink are over $3.50 and if you could buy a trans am, it would be well over $50,000. Because of the dollars spent to give people trillions of dollars to sit on their liberal lazy asses, this printed money(not earned) has caused all this INFLATION. So who ends up hurting? The working people, because they have to work harder for those smaller dollars, and the poor, still sit on their asses, collecting FREE money for nothing....What you can buy with those two dollars has changed a lot.
At one time, people actually wanted to be trusted for what they say, but with you liberals, you have no honor and will lie about everything. Then you complain when no one trusts you, not even your own, as with Bernie Sanders, who had his election stolen from him by the DNC machine...Oh you already forgot about that???
Not worth my time kid.