2006 Ron Paul Speech: "The End Of Dollar Hegemony"

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

2006 Ron Paul Speech: "The End Of Dollar Hegemony"

Postby reddirtcoins » Thu Oct 10, 2013 6:48 am

"Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold."- Leo Tolstoy
User avatar
reddirtcoins
1000+ Penny Miser Member
 
Posts: 1478
Joined: Tue May 17, 2011 7:19 pm
Location: Oklahoma

Re: 2006 Ron Paul Speech: "The End Of Dollar Hegemony"

Postby Engineer » Thu Oct 10, 2013 7:05 am

For an even bigger picture (without the government fudging), figure out how much your house cost in 1913 dollars, and compare it to the melt value of $10 gold pieces.

You'll find that inflation has been under-reported by about 250% during that time...
User avatar
Engineer
Super Post Hoarder
 
Posts: 3266
Joined: Thu Jan 12, 2012 5:08 am

Re: 2006 Ron Paul Speech: "The End Of Dollar Hegemony"

Postby reddirtcoins » Thu Oct 10, 2013 9:24 am

"Truth, like gold, is to be obtained not by its growth, but by washing away from it all that is not gold."- Leo Tolstoy
User avatar
reddirtcoins
1000+ Penny Miser Member
 
Posts: 1478
Joined: Tue May 17, 2011 7:19 pm
Location: Oklahoma

Re: 2006 Ron Paul Speech: "The End Of Dollar Hegemony"

Postby TXSTARFIRE » Fri Jul 29, 2016 3:31 pm

Anyone who hasnt read this zerohedge article or listed to the Ron Paul speech should do so. This is another great one from the past. The inflation calculator is fun to play with. Check out what a large denomination note in 1913 would be worth in todays dollars.

tt
TXSTARFIRE
1000+ Penny Miser Member
 
Posts: 1360
Joined: Fri Jul 29, 2011 12:39 pm
Location: Minnesota


Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 14 guests