Loading ...Check out the last half year six months of numbers. Forty five lower only eight higher. As has been said in the past: “by the time the public acknowledges something, its about to end.” These numbers are regarding Federal Reserve Notes, replicas of original gold backed US Dollars. Think about why $50 is stamped on a US Mint Gold Eagle. Because 50 big gold backed US dollars should be able to buy an ounce of gold. And $2500 Gold backed Dollars should be able to buy a new car.
Keep in mind, the people, gov’ts or banks running things, do NOT want your money to gain value while its in your pocket or under the mattress. NFG. They want you to “invest it” in their bank CDs, real estate mortgages, or stocks or even Bonds. So everyone sees and knows what you have BEFORE you sell out. And the higher numbers are higher taxes, but over the long term, after dollar Gold backing was removed, the purchasing power is about equal to what you invested.
You buy a house for $40,000 45 years ago, and you sell it for $600,000 today, that $600,000 has equal purchasing power of $30,000. You LOST $10,000 over 45 years. In reality, the $40k house needs to sell for $800k to break even purchasing power. Cars were $2500 and three loans were the maximum.
Also keep in mind the purchasing trip from 1975, 45 years ago was unstable with 7-10 year irregular cycles. For example if you bought stocks or real estate in 1968 prices were flat until 1982. You got scred if you sold in ’82. The next guy bought that $40k house in ’82 and sold it in 1987 or ’88 for $250,000. By 1997 that $250k house was back down to $180k in 2001. Then 9/11 and a housing bubble formed and hoses went to $400k and up. Only to crash in the summer of 2008. Unstable interest rates. The whole system is a joke.