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(Some) food prices are more volitaile because, thanks to deregulation, commodities markets (the basics of many foodstuffs) are more open to speculators, leading to wild price fluctuations.
Exactly.
Freeze in FL=higher OJ prices.
It always comes back down.
If I had a dollar for everyone claiming hyperinflation is around the corner for the last five years, it would itself cause hyperinflation.
You're dollars would become worthless. Better change it for metals.
People can scoff all they want, but it doesn't change the reality of what is going on right now with our currency.
China is already diversifying away from the Dollar. It is encouraging its citizens to purchase silver. Since the Dollar is NOT a resource-based currency (based on Assets), it's value falls on people's faith in it. People see the debt America is in and they are diversifying away from the dollar.
Just look at the cost of Gold to see how uneasy people are with the Dollar.
This is not fantasy but reality, and if you're asking for dollars every time someone says this than I would suggest toilet paper as it might have more value in the end.
You're dollars would become worthless. Better change it for metals.
People can scoff all they want, but it doesn't change the reality of what is going on right now with our currency.
China is already diversifying away from the Dollar. It is encouraging its citizens to purchase silver. Since the Dollar is NOT a resource-based currency (based on Assets), it's value falls on people's faith in it. People see the debt America is in and they are diversifying away from the dollar.
Just look at the cost of Gold to see how uneasy people are with the Dollar.
This is not fantasy but reality, and if you're asking for dollars every time someone says this than I would suggest toilet paper as it might have more value in the end.
You're dollars would become worthless. Better change it for metals.
People can scoff all they want, but it doesn't change the reality of what is going on right now with our currency.
China is already diversifying away from the Dollar. It is encouraging its citizens to purchase silver. Since the Dollar is NOT a resource-based currency (based on Assets), it's value falls on people's faith in it. People see the debt America is in and they are diversifying away from the dollar.
Just look at the cost of Gold to see how uneasy people are with the Dollar.
This is not fantasy but reality, and if you're asking for dollars every time someone says this than I would suggest toilet paper as it might have more value in the end.
Since the Dollar is NOT a resource-based currency (based on Assets), it's value falls on people's faith in it.
Ah, so much wiser to invest in a soft metal that conducts well. After all, wouldn't want your investment's value to fall from speculative opinions of its worth now would we?
Yes, I scoff. Year after year the gold people blather about the coming hyperinflation and dollar collapse, and every year they are wrong. I seriously doubt many of them have much skin in the game at all.
In regards to your last paragraph how do you know this? You know these members personally on this forum? I have news for you. Most of my family and ancestors were Republicans and the majority of them were blue collared workers. They toiled from sunrise to sunset and still do. So you can take your hate-filled stereotyping of right wing conservatives and stick it where the sun don't shine.
I had that same thought when I read that post. I have worked both white collar and blue collar jobs. For years I wore a suit & tie everyday to work and now I wear a t shirt and jeans (I prefer the latter).
It's yet another example of magical thinking from the left. The poster had no evidence for his assertion, yet he probably fully believed it.
Ah, so much wiser to invest in a soft metal that conducts well. After all, wouldn't want your investment's value to fall from speculative opinions of its worth now would we?
Yes, I scoff. Year after year the gold people blather about the coming hyperinflation and dollar collapse, and every year they are wrong. I seriously doubt many of them have much skin in the game at all.
For the moment. What has it gone down from? and what was it at 10-20 years ago?
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