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To: plainshame
I don't see why the loss of purchasing power of the U.S. dollar between 1913 and 2013 is really a major concern unless you've been sitting with a pile of those dollars buried in a hole for the last hundred years.

As the dollar inflates in value, the value of most assets also rise to match it over time. Sure, there are distortions in prices related to advances in technology and changes in import/export markets, but that would present its own challenges even if there was no such thing as a Federal Reserve, or currency inflation.

47 posted on 12/23/2013 4:42:56 PM PST by Alberta's Child ("I've never seen such a conclave of minstrels in my life.")
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To: Alberta's Child

Wages have never kept up with inflation.Back in the 50’s and 60’s a man could support a family with his salary/salt money but today it takes 2 working parents to support a family because of inflation.The middle class in America is vanishing because of this.


49 posted on 12/23/2013 4:55:01 PM PST by plainshame
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To: Alberta's Child

Has anyone ever seen the US dollar value rise 400-500% like gold and silver?


51 posted on 12/23/2013 5:01:12 PM PST by plainshame
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To: Alberta's Child; plainshame

>> “As the dollar inflates in value, the value of most assets also rise to match it over time.” <<

.
And all personal wealth is slowly taxed out of existence.

Inflation is the enemy of freedom and personal wealth.


72 posted on 12/23/2013 6:56:27 PM PST by editor-surveyor (Freepers: Not as smart as I'd hoped they'd be)
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