A house or car are hard to compare because the standards in housing and cars are so dramatically different. The average house in 1913 cost $6000. But at 3.5% inflation that’s worth $187,000 now. Which would you rather have, a $187,000 house built today, or the kind and size of the average house selling for $6,000 in 1913, with no running water, no electric plugs, no a/c, no lights, no appliances, and not built to any safety codes? Seriously?
Gold’s in a bubble right now. But even so, since 1913, the inflation rate in gold has been a whopping 4.5%. 1913 to 2003 was 3.4%.
Gold’s in a bubble right now. But even so, since 1913, the inflation rate in gold has been a whopping 4.5%.
As they print more fiat money GOLD(and other things) rises(inflates)... can’t print more Gold an many other things... Duuugh..
The World’s pending financial collapse is very very ON PURPOSE.. (guided)..
Just like the one in the 1920’s in america....
Chaosville is on it’s way... many bubbles are ABOUT to BURST...
So that givernment GANGS can ride in to pick up the pieces..
Much like what Stalin, Hitler and Mao did... and many other tin pot dictators..
Interesting to WATCH Obama and the minions that control him parlaying this shell game.. Seems that the minions than control OBAMA ALSO controlled the Bill Clintoons and dare I say THE BUSH’S as well...