30 seconds to understand Economics...and the Gold Standard

H

Hayek

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Jan 9, 2008
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30 second commercial idea:

"We all know that a dollar today just doesn't buy what a dollar yesterday bought. That dollar you saved when you were 20 is worth a nickel. How? How did anyone reach into your pocket and steal 95 cents from you?

People may not realize it, but they know a penny saved is no longer a penny earned and that's why our savings are negative in North America. There are no savings....why would we save? The money just goes down in value, it is cheaper to borrow and pay interest than to save and pay inflation. Is it a wonder why we have a financial crisis.

Ron Paul wants us to lead good lives, our whole lives. People guess and hope their stocks will be enough for them to retire with, because we have no idea how much $$$ we will need. Will a dollar still buy a loaf of bread? Will I need five dollars? Once you earn your money, it should be yours, no one should be able to steal it.

Lets make a dollar worth a dollar. Let's go back to what used to be a Universal Truth, "A Penny Saved is a Penny Earned." "

Thoughts?
 
YES!

We need hard hitting ads. Me-too ads will turn out to be Also-Ran ads.

Probably too late, though.
 
Hayek said:
30 second commercial idea:

"We all know that a dollar today just doesn't buy what a dollar yesterday bought. That dollar you saved when you were 20 is worth a nickel. How? How did anyone reach into your pocket and steal 95 cents from you?

People may not realize it, but they know a penny saved is no longer a penny earned and that's why our savings are negative in North America. There are no savings....why would we save? The money just goes down in value, it is cheaper to borrow and pay interest than to save and pay inflation. Is it a wonder why we have a financial crisis.

Ron Paul wants us to lead good lives, our whole lives. People guess and hope their stocks will be enough for them to retire with, because we have no idea how much $$$ we will need. Will a dollar still buy a loaf of bread? Will I need five dollars? Once you earn your money, it should be yours, no one should be able to steal it.

Lets make a dollar worth a dollar. Let's go back to what used to be a Universal Truth, "A Penny Saved is a Penny Earned." "

Thoughts?
Click to expand...


Grrrreat!
 
He either needs to use the loaf of bread of Hershey's bar arguments. Everyone understands inflation when I ask them what bread cost when they where a kid... $.50 And how about now? $2.50 Has bread changed, or gotten 5 times better? NO! Your money has lost 80% of it's purchasing power. I have explained inflation in 30 seconds to mongoloids and they understood there was something wrong with the idea. Don't bog people down with too many details, it only confuses them, then they lose interest. Just make them angry and leave it at that, they will ask more questions when they are ready.
 
Its a great ad, but read it and then time yourself, youve got to be talking pretty fast to get that in in 30 seconds.

But i like it!
 
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