Posted by Bret4207 on September 30, 2012 at 05:26:28 from (64.19.90.196):
In Reply to: $1/hr posted by George Marsh on September 29, 2012 at 16:04:43:
Very few people seem to see the really sad facts in all this- # 1 the dollar is purposely being devalued because we owe over $16 TRILlION. #2- your dollar doesn't go so far because of TAXES! For instance, every gallon of gas in NYS you buy, the state gets 49 cents! Every tax levied on a business gets passed on tot he consumer. Wake up, there is nothing FREE! #3 We have a combination of devaluation and inflation, both artificially created, and we use a fiat currency that is worthless. Take 3 dollars from your pocket and and find 3 dollars worth of copier paper. You will note that your copier paper pile is much higher than the dollar pile. The copier paper is worth more than the paper currency. The only reason the paper currency has "value" is because we all agree to abide by the notion that it has value. There is NOTHING backing it. The total gold reserves of the world will not cover our debt. That's part of why we no longer back our money with anything of value. If that doesn't set you back on your heels I don't imagine anything will.
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