My salaries increased proportionately also, harper. Your demise-of-the-dollar story line is so much harping about change. Complain, gripe, be a crank if you wish. America gets bigger each go-around. When I was a kid a McDonald hamburger was small change and the economy was also small change. Houses were junk compared to today...just visited the homeplaces in Fountain City (now Knoxville), one built by my step-father, the other posh-for-its-past-day (servant kitchen) house on market when our family needed more space...junk compared to today-built housing. Do you factor in the through-the-roof raised standard of living increase when you talk of increased dollar cost for small goods? Myself I'm somewhat Scotch about things, thus perhaps I notice increased amounts of goods and luxuries along with increased costs...everything bigger and more advanced.

You see, our population is no longer 150 million as it was not so very long ago, and salaries are no longer 3 and 4 thousand a year...how about over 300 million and twice that amount of dollars a month? Your idea of economics is kind of dwarfy, to put it mildly. You perhaps think in terms of money when there were 13 states and a few million people 200 some years ago?

Sorry you're offended by my bluntness. You consider that rude, and it is. Your ideas are crude and rude but you think they're OK. Did you know Hitler and Stalin and most of the awful persons in history were personable in person...just jerks in what they did and in twisting politics to extremes? Lots of extreme political ideas and twisted propaganda on OPP--lots of personable jerks who are fascist in thinking. I may be extreme in bluntness but my politics are mainstream. You may consider yourself polite but your ideas are insulting and extreme. Don't feel bad--OPP is infested with wacko political extremisms...you are in plenty of company...bad company in extremes.

Putin can uncouple all he whats but it will only be his way if the the money changer want it that way.

Where did the money come from to save the world economy.
Oops I guess I should say the worlds banking system.

It was in good old no value US dollars.

Now some where there are people planning What the next step on this issue is going to be.

But no matter what some here & in Russia or China may think I say that those ideas are not on the top of that list.

If we the public in the USA fail to come together with a United Font on these issues we will have little or no control over the out come.

For no matter how much force the USA is using & has used in the past it has an impact less harsh & more of a benefit to other counties than other countries.

Take Germany as an example. The US was a large part of destroying Germany yet lead in the task of putting Germany back together. How hard did the US go to get back what it did to make things right in Germany.

What did Russia do. Put up a wall & ran their part of Germany in to the ground.

Yes I know that most younger people do not think to much about this but rest assure that this has not been forgotten.

I don't know if you are talking about 2008 that is only a papering over of the still existent crisis.
If you are talking about the last near (1 of 3. 1914,1939 and 1979)collapse of the USD it was actually Swiss Francs backed US treasury bonds that were printed and backed by. The USD dropped purchasing power by half between 77-81 and inflation was 50% during those years. That is why the IMF had to come up we SDR's and flood the global market with over 12 billion dollars to give countries a trusted currency to continue global trade. This happens about once every 40 years but this time it will be like no other because the ability for the fed to print our way out of it will not work twice. They blew their shot with the over 4 trillion printed this time.

The value of the money isn't most important issue. That there is enough of what ever value out there to needed to
keep the wheels turning.

The closer to the proper amount of cash flowing is what is most important. Not to much & not to little.

The US could just print the money it need to pay its bills.
If it did that it would still be the same issue that the money would be backed by the full faith & trust that it is now.
But with out paying any interest on it.

If people thought that the value wasn't there they would just bill the government more. or the government could by less.

The free market would truly be free then.

Inflation has always outpaced income.

BM BALONEY...INFLATION HAS NOT 'ALWAYS' OUTPACED INCOME...BM PROPAGANDA STATEMENT IN SUPPORT OF PUTIN PATTY'S PRO-RUSSIA ANTI-AMERICA POSTING.

And what about people on fixed incomes , they don't get rises and if they do it's about 4 or 5 dollars a month!

YUP, NOT EVERYONE WINS...LOTS OF POOR PEOPLE THAT YOU AND YOUR KIND CARE NOTHING ABOUT.

And the Hitler and Stalin thing you mentioned : are you comparing yourself to them or covering up for them?

I don't know if you are talking about 2008 that is only a papering over of the still existent crisis.
If you are talking about the last near (1 of 3. 1914,1939 and 1979)collapse of the USD it was actually Swiss Francs backed US treasury bonds that were printed and backed by. The USD dropped purchasing power by half between 77-81 and inflation was 50% during those years. That is why the IMF had to come up we SDR's and flood the global market with over 12 billion dollars to give countries a trusted currency to continue global trade. This happens about once every 40 years but this time it will be like no other because the ability for the fed to print our way out of it will not work twice. They blew their shot with the over 4 trillion printed this time.

The problem is the G20 gave a very clear warning last year that if they didn't quit devaluing that they would dump it. If they quit printing they face defalation like in the 30's. Deflation is what scares the government most because it creates a way for purchasing power to go up without tax advantages.
For example if I make 100,000 a year and inflation is working for them then it whittles away at my savings and increases taxes advantage. If deflation happens and I make 100,000 then my money buys more they get the same taxes and if dollars become more valuable people start saving again. That is the problem they are facing.
Floyd I don't believe there will be a free market till they break up the big banks but with derivatives at over 650 trillion they will do what they have to do to keep that fake money maker going.

????? NEITHER STALIN OR HITLER WAS MENTIONED IN my POST TO tRICK DRIvel that YOU WERE RESPONDING TO. :?: :?: In a post addressed to you, BM, I spoke of your collaboration in Putin Patty's pro-Russia fascism propaganda operation and noted that it is part of the New Russia Hitlerian fascism propaganda op aimed at infiltrating & using right wing today and parallel to the Old Stalin communist propaganda op aimed at infiltrating & using left wing during the Cold War years. :evil: :evil: The Hitlerian Putin fascist New Russia propaganda op I keep referring to pushing Putin propaganda points, even posting subject quotes directly from RT and other fascist New Russia internet sources.

The Putin fascism propaganda op aimed at right wing appears to have been operating undetected on OPP from beginning based on the OPP long-term persona who operate alternately as collaborators in presenting the 'Patty' propaganda lines...became outed only when the Ukraine situation heated up and more frenzied and obvious propaganda lines direct from Russia internet sites made the dishonest propaganda op obvious. :evil: :evil: Aren't you glad you tried the twisted question Alinskism so I could tell you again how dishonest your op is??!! :lol: :lol: :lol:

The value of dollars we have isn't what we need to worry about. It is what those dollars can buy us that really matters.

If we can adjust to the decrease in the value of the dollar & keep much the same standard of living it is no big thing.

But because of fractional banking some more people fall behind every time there is a down turn in the economy.

I think that one should explore what is need to start a private bank that would only loan out it's actual assets.

I think State banks can do that.

We need a safe place where people can store their money & make a bit on it with out a lot of risk. It could protect assets of people who would expect a bit less for their money.

I hope that you can make a bit of sense with what I am trying to say.

I completely understand what you are saying but what is missing is that 80% of the USD is outside the US. When you make M1 adjustments to money here it effects emerging markets whos economies may be -100X's what the US economy is and taking all that cheap money away the investors scatter and leave that country in economic rubble.
Being a country of importers when you crush the emerging markets it comes back home to haunt you. The world is not contained within the borders between Canada and Mexico.
Adjusting the growth of the money supply sets off multiple reactions, some of which can come back to bite. Suppose, for example, that the taper proceeds with such a light touch that the US economy doesn't tank. But that won't be the end of the story. Stock and bond markets in most countries have been living on the Fed's money printing. The touch that's light enough for the US markets might pull the props out from under foreign markets—which would have consequences for foreign economies that would feed back into the US through investment losses by US investors, loan defaults against US lenders, and damage to US export markets.

One thing that is comforting is that for the most part we are a nation of good people. Some & maybe all of us are a bit misguided.

We. The most of us need to find ways to counteract the few that cause the most problems.

We do need a revolution but it need not be a violent one.
With in the frame work of our government is the means to bring this about.

There needs to be a United effort on our part to get a message across of what we as the voters would like done.

An issue like our system of money & debt is one that holds us like slaves to the system.

We must not be divided on this issue.