Saturday, October 15, 2011

Purchasing Power vs. GDP vs M2/M3 vs Public Debt: 1869 to 2008

Thanks to reader Pat Fields for the excellent chart displaying Purchasing Power vs GDP vs M2/M3 vs Public Debt: 1869-2008.

1 original US dollar is now worth LESS THAN 4 CENTS!...let that sink in for a little while!

This is money float (and its value fluctuations) going back to 1776. The point I raise with it is that round about 1967, once all precious coin was pulled from circulation and the currency-interest co-generation paradigm was initiated, THAT'S the juncture when money supply took off in a parabolic rise. Hyper-inflation is intrinsic to this stupid 'system' and collapse is a certainty.