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Why everything gets more expensive?
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Government & Elections
Why everything gets more expensive?
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Because our money has not been backed by any commodity, (usually gold or silver) since 1971 (or around that time). now we print money out of thin air (fiat money) like lately to bail European ban
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Cat:d51398b3-89f9-463d-bf1b-4b885f02c9eeForum:af978875-5bc6-4b07-a6fb-b18062132f95
Cat:d51398b3-89f9-463d-bf1b-4b885f02c9eeForum:af978875-5bc6-4b07-a6fb-b18062132f95Discussion:ee4666b3-31e0-4c9e-a0e9-2014e3372492
Forums » Politics & Society » Government & Elections » Why everything gets more expensive?
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Why everything gets more expensive?
posted at July 21, 2012 1:20 PM EDT
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Posts: 938
First: December 1, 2011 Last: May 7, 2013 |
Because our money has not been backed by any commodity, (usually gold or silver) since 1971 (or around that time). now we print money out of thin air (fiat money) like lately to bail European banks. then dollar loses value and we pay the price (hidden tax)- tough for those on fixed income... Ben Swann talks about it (his example ARE GAS PRICES): http://www.youtube.com/watch?v=4EfuE-Vtl4Y |
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Re: Why everything gets more expensive?
posted at July 22, 2012 2:29 PM EDT
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Posts: 473
First: December 21, 2011 Last: May 23, 2013 |
Mostly it's supply and demand. There is a draught that's effecting corn and soybean crops among others. This will cause the price of all grains and foods dependent upon them to go up. Since its used in aniimal feed, look for those prices to rise too. I don't think any country has a currency that's backed by precious metal. There just isn't enough to go around. Also, since the printing presses are running overtime printing dollars, they aren't worth very much. If and when the economy picks up and demand increases, we're going to see some real inflation. Response to Why everything gets more expensive?: Because our money has not been backed by any commodity, (usually gold or silver) since 1971 (or around that time). now we print money out of thin air (fiat money) like lately to bail European banks. then dollar loses value and we pay the price (hidden tax)- tough for those on fixed income... Ben Swann talks about it (his example ARE GAS PRICES): http://www.youtube.com/watch?v=4EfuE-Vtl4Y Posted by Astra2012 |
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Re: Why everything gets more expensive?
posted at July 22, 2012 3:07 PM EDT
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Posts: 534
First: August 9, 2011 Last: May 23, 2013 |
The drought has caused Texas to sell off cattle in record numbers with the price of beef going up.. I am about to go in the cattle business and out of the horse business. Besides horses cost me more than they are worth. But I like them. In Response to Re: Why everything gets more expensive?: Mostly it's supply and demand. There is a draught that's effecting corn and soybean crops among others. This will cause the price of all grains and foods dependent upon them to go up. Since its used in aniimal feed, look for those prices to rise too. I don't think any country has a currency that's backed by precious metal. There just isn't enough to go around. Also, since the printing presses are running overtime printing dollars, they aren't worth very much. If and when the economy picks up and demand increases, we're going to see some real inflation. Response to Why everything gets more expensive? : Posted by Labrat64 |
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Re: Why everything gets more expensive?
posted at July 22, 2012 3:12 PM EDT
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Posts: 938
First: December 1, 2011 Last: May 7, 2013 |
i don't know about other countries, maybe the money there isn't backed by anything--- don't they have financial problems? Dollar vwas backed until seventees and became the ENVY OF THE WHOLE WORLD. People and governments considered dollar to be a perfect value retainer... not any more And the real economic crisis will happen when they DUMP all dollars supply/demand work in free market (i was trading commodities for some time and you can see it working there) but in the Ben Swann's clip it was shown that neither supply nor demand for oil changed and price for gasoline increased. the ONLY explanation is decrease of dollar vALUE. I see it everywhere! And now I read in yahoo that number of poor people in the usa reached 50-year high...Really tought times are coming and some people still cling to "business as usual,". |
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Re: Why everything gets more expensive?
posted at July 23, 2012 5:10 PM EDT
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Posts: 12532
First: February 29, 2008 Last: May 17, 2013 |
In Response to Why everything gets more expensive?: Because our money has not been backed by any commodity, (usually gold or silver) since 1971 (or around that time). now we print money out of thin air (fiat money) like lately to bail European banks. then dollar loses value and we pay the price (hidden tax)- tough for those on fixed income... Ben Swann talks about it (his example ARE GAS PRICES): http://www.youtube.com/watch?v=4EfuE-Vtl4Y Posted by Astra2012 I admit I don't understand the points in this article to discuss that. . But what I do understand is that we can't discount the shortages of goods that raise prices. For example, as seafood became more in demand somewhat by increased population, often overfishing or pollution destroying supply also meant higher prices. TV's were expensive at one time....and now the prices have come down. |
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Re: Why everything gets more expensive?
posted at July 23, 2012 9:15 PM EDT
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Posts: 938
First: December 1, 2011 Last: May 7, 2013 |
We never discount supply (shortage or abundance) and demand. but if both stay about the same and the price still climbs up the value of the currency (dollar) decreases. like sometimes I go to the beach park in NJ for week-end the fee doubled in the last two years! more demand:? no shortage? also no. Dollar is not that much anymore--and it will be less! |
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Re: Why everything gets more expensive?
posted at August 31, 2012 2:55 PM EDT
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Posts: 2
First: August 31, 2012 Last: August 31, 2012 |
In Response to Why everything gets more expensive?: Because our money has not been backed by any commodity, (usually gold or silver) since 1971 (or around that time). now we print money out of thin air (fiat money) like lately to bail European banks. then dollar loses value and we pay the price (hidden tax)- tough for those on fixed income... Ben Swann talks about it (his example ARE GAS PRICES): http://www.youtube.com/watch?v=4EfuE-Vtl4Y Posted by Astra2012 You are completely correct. The problem is the people that gave us the financial meltdown are now running the Fed and they have no conception of what it takes to make money and pay back debt in the real world. (Main Street not Wall Street) |
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Re: Why everything gets more expensive?
posted at August 31, 2012 4:23 PM EDT
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Posts: 938
First: December 1, 2011 Last: May 7, 2013 |
In Response to Re: Why everything gets more expensive?: In Response to Why everything gets more expensive? : You are completely correct. The problem is the people that gave us the financial meltdown are now running the Fed and they have no conception of what it takes to make money and pay back debt in the real world. (Main Street not Wall Street) Posted by scotm666 unfortunately those on fixed, low income LIKE MOST PEOPLE HERE - those who are most dependent on government will feel it most when dollar collapses - and according to most economists it finally will...(next few years?) gallon of milk for milliion dollars? awesome! |
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Re: Why everything gets more expensive?
posted at September 1, 2012 2:24 PM EDT
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Posts: 36
First: August 26, 2012 Last: September 9, 2012 |
In Response to Re: Why everything gets more expensive?: i don't know about other countries, maybe the money there isn't backed by anything--- don't they have financial problems? Dollar vwas backed until seventees and became the ENVY OF THE WHOLE WORLD. People and governments considered dollar to be a perfect value retainer... not any more And the real economic crisis will happen when they DUMP all dollars supply/demand work in free market (i was trading commodities for some time and you can see it working there) but in the Ben Swann's clip it was shown that neither supply nor demand for oil changed and price for gasoline increased. the ONLY explanation is decrease of dollar v. I see it everywhere! And now I read in yahoo that number of poor people in the usa reached 50-year high...Really tought times are coming and some people still cling to "business as usual,". Posted by Astra2012 The economic crisis, plus the tremendous debt, plus the lack of investment in US business ventures are the perfect storm to create a collapse of the dollar. We have been living on bdorrowed money for so long, and we have representatives who never have the guts to address the problem. They are conerne about their own reelection, and about paying back the investors, yes, investors, who put them in office. The system is broken, and we should be prepared for losing our savings, and paying more for everthing. The crash of 1928 will seem like a picnic, http://topics.nytimes.com/topics/reference/timestopics/subjects/g/glass_steagall_act_1933/index.html The monetary regulations put in place after the depression were removed, and we are going to pay the price. http://www.foreignpolicyjournal.com/2012/06/07/collapse-at-hand/ What can we do to prepare for this collapse? |
Forums » Politics & Society » Government & Elections » Why everything gets more expensive?
