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Category Archives: inflation
The value of fiduciary dollar
As an example of the dramatic loss of value of the dollar, you can check this online calculator how many dollars you will need today to buy the same item that 100 years ago costed.. 1 dollar. Today you would … Continue reading
Posted in crisis, economy, government, inflation, money, politicians, state
Tagged 1913, 2013, dollar, fiduciary money, inflation, value
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Gold vs. currencies
This chart shows the depreciation of fiat currency against gold since 1900. It is dangerously approaching to zero. Do you still trust fiat currency?
Posted in inflation, money
Tagged dollar, euro, fiat currency, fiat money, gold, gold standard, government, sterling pound, yen
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Bastiat on fiat money
”When legislators, after having ruined men by war and taxes, persevere in their idea, they say to themselves, ‘If the people suffer, it is because there is not money enough. We must make some.’ And as it is not easy to … Continue reading
Posted in government, inflation, money
Tagged bastiat, fiat money, government, inflation, money, quote, state
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The key to destruction
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” Vladimir Lenin (and the man knew what he was talking about)
Inflation
“Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” Sam Ewing
Posted in economy, government, inflation, money, rights, state, welfare state
Tagged ben bernake, fed, humor, inflation, prices, rights
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