Saturday, August 29, 2009

Death of the dollar....

Items
1971 2007 % Increase

Average Cost of new house
$28,000 $314,000 1121%

Median HH Income
$10,300 $58,700 570%

Average Monthly Rent
$150 $730 487%

Cost of a gallon of Gas
$0.40 $2.80 700%

Average New Car Price
$3,430 $28,000 816%

United States postage Stamp
$0.08 $0.41 512%

Movie Ticket
$1.50 $7.00 467%

This shows the loss of 90-95% of the dollars value. TPTB are planning on an additional 50% of loss to the dollar to cover up the debt obligations already owed by the federales.

h/t James Quinn
http://www.financialsense.com/editorials/quinn/2009/0825.html

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