In the olden days before they got rid of the gold and silver certificates (money) you could exchange your dollars for that amount of gold or silver in those days these had a very stable worth. In today's world we use a different system and money is backed up by what the buyers an sellers think that it is worth in exchange for an hours labor. So we have inflation or deflation of the dollars worth depending on what it will trade for on the open market. One day you can buy a Toyota for $22,000 the next it will sell for $23,000 or $ 21,000 it all depends on the money market. Stocks are dependent on this also and they are also dependent on how good the company is. A company in need of a bailout has a low worth for its stocks. A company that is selling at a profit and paying dividends will have a higher worth for their stocks. All this is very hard to follow unless one really follows the way we calculate our worth. A house in 1900 is worth the same amount in 2008 if you adjust it to inflation. If you come out higher then you made money if lower then you lost money. Now take the same thing an put it towards a business like GM or Ford and you will see why things go up and down. Its really hard to put all of this in a short note it takes many books and lots of studying the economics of the world. Now I'm by far no expert on this but I do try to learn as much as I can and having an IQ in the Genius range really helps. Although sometimes its more of a nuisance than a blessing. Believe me being a genius is not what its all cracked up to be. Did you no that the average income of Mensa members is lower than the average. Walt PS I hope some of you understand what I am trying to says its a bit complicated I know.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.