Our dollar going down

[Stealth]

this is wgat our dollar will look like when its value iss down to zero

 

[RPFTW!]

 

[bc2208]

And this is what my bank account will look like:

 

[NinjaPirate]

And this is what my bank account will look like:

I love gooooooooooooooooooooooooold.

 

[austin356]

And this is what my bank account will look like:

 

[Kregener]

 

[slantedview]

And this is what my bank account will look like:

ditto. just bought some more recently, getting ready for the rate cut tomorrow

 

[seapilot]

And this is what my bank account will look like:

Posting a photo like that is putting bait for all the gold bugs to come out. Now we wont be able to think all day! ORO ORO!

 

[Dutch]

Serious question about this... from a European, so don't shoot me please

The USD has been falling for quite a while now. For internationals, it's very obvious.
But do you guys really notice it in the USA? I mean, do prices rise like 10% in a few months to keep up with it?

I guess what I'm asking is: is the inflation tax really noticeable to the man in the street? Or do prices more or less stay the same?

Dutch

 

[American]

As a creature of habit my "routine" rarely changes and I can see it everywhere from my energy bills to my groceries. My cost of living has definitely gone up at least 10% probably 15-20% overall.

 

[Stealth]

hahah. nice

 

[Mental Dribble]

Serious question about this... from a European, so don't shoot me please

The USD has been falling for quite a while now. For internationals, it's very obvious.
But do you guys really notice it in the USA? I mean, do prices rise like 10% in a few months to keep up with it?

I guess what I'm asking is: is the inflation tax really noticeable to the man in the street? Or do prices more or less stay the same?

Dutch

Its a slow change to the average person which is why more people are not revolting by now, but were are getting close to critical mass and the scales are tipping.

 

[jj111]

I don't think the average man in the street knows that inflation is related to the fall in the value of the dollar. But I think people one way or another certainly see that gasoline prices for example is going up, and people see that they are struggling to make ends meet. I'm not sure the average man on the street realizes this has something to do with government monetary policy.

 

[jonahtrainer]

I don't think the average man in the street knows that inflation is related to the fall in the value of the dollar. But I think people one way or another certainly see that gasoline prices for example is going up, and people see that they are struggling to make ends meet. I'm not sure the average man on the street realizes this has something to do with government monetary policy.

Oh, people know they are getting screwed they just don't know why. I was talking with a friend yesterday about it. I explained how the Fed prints money out of thin air to blow up bridges in Iraq and how that causes the value of her dollars to go down so she can't buy as much. I think it is helpful to let people know they are getting screwed and the way to change it is via Congress with Sound Money (Article 1 Section 10 Clause 1).

Anyway, an alternative I highly recommend already exists: GoldMoney.com

 

[Gimpster]

Dutch,

I've kept my books/checkbook in Quicken for the past 5-6 years. I can certainly see how my annual costs have gone up, particularly in the energy/gasoline and food columns. Even more specifically to heat my house in the winter (natural gas). Whilest not related to inflation (or is it?) my property taxes have gone up roughly 35% in the past 4 years.

Meanwhile, the last raise I got was 2% in 2005 Only way I've ever been able to obtain a meaningful raise is finding a new job and negotiating a base.

What I made in 2002 isn't near as good here in 2008.

 

[zahirakids]

Gold

 

[Arek]

Yea I've noticed an increase in prices at the fast food places in the past 3-4 years. I believe overall prices have increased 10-30%. I noticed also prices at Wal-Mart were increasing monthly while I worked there. (Sorry I'm a college student so I've yet to have real job experience.) So yea inflation is obvious to me. The everyday citizen not much so. They're brainwashed by the MSM that the dollar losing value is good.

 

[rodent]

Serious question about this... from a European, so don't shoot me please

The USD has been falling for quite a while now. For internationals, it's very obvious.
But do you guys really notice it in the USA? I mean, do prices rise like 10% in a few months to keep up with it?

I guess what I'm asking is: is the inflation tax really noticeable to the man in the street? Or do prices more or less stay the same?

Dutch

Energy and food have gotten very expensive. Consumer electronics and that sort of thing have more or less stayed the same.

 

[akovacs]

Serious question about this... from a European, so don't shoot me please

The USD has been falling for quite a while now. For internationals, it's very obvious.
But do you guys really notice it in the USA? I mean, do prices rise like 10% in a few months to keep up with it?

I guess what I'm asking is: is the inflation tax really noticeable to the man in the street? Or do prices more or less stay the same?

Dutch

To echo what others have said, I'd say that most people see the prices going up, but they don't exactly know what's going on. They don't understand the monetary system so they will blame oil prices on the arabs, food prices on the mexicans, etc. It's pretty hard not to notice a ~30% increase in prices for food and other things over the course of a year or two.

 

[pguitarb]

Where is the best place to get into gold, I'm a total noobie when it comes to this and honestly I'm pretty worried about all this talk of the fed lowering rates tomarrow... any advice?