How much $1 used to get you

[madfranks]

http://www.zerohedge.com/sites/defau...0913_w1usd.jpg

[Hypertiger]

Rome had the same problem...All civilizations do eventually when the demand by the population for power becomes greater than the supply of power from the population.

Yield rates have been dropping in the USA because the net consumers of yield have been imploding the net producers of yield down towards the absolute 0 point to power the explosion of the net consumers of yield up to the absolute 1 point.

For 33 years now.

When the slaves at the bottom of the hierarchy have been taxed/whipped into skeletons to supply the demand of the masters and their servants above...game over.

Currently around 20% of the population are net producers and the other 80% are net consumers.

the system is absolute capitalistic...all civilizations have been.

They all take more power than they give to sustain continued existence.

When the demand for power becomes greater than the supply.

The top increases their demands upon the bottom or supply...and when the bottom is sucked dry...it's time for the lifestyles of the rich and famous to go bye bye.

Look around...how do you think all that you see all around you gets there and is sustained?

cities are artificial not natural.

They are lies that you believe are truth that are constantly exponentially decaying and the only way stop this is with constant exponential growth that is greater than the exponential decay.

constant inflation that is greater than constant deflation.

not too much...not too little...but always greater than previously.

Like chopping down trees faster than they regrow to feed the mindless fire of desire.

As long as you can turn real 1's into real 0's to supply power to turn real 0's onto fake 1's...The fantasy believed to be reality can be sustained.

But when all the real 1's run out...the fake 1's begin turning into real 0's...The fantasy believed to be reality is revealed to be a fantasy.

The exponential growth of the fantasy believed to be reality is replaced with the exponential decay of reality.

You all want to be rich 1's not poor 0's

You all want more and more not less an less.

You all want to live forever not die forever.

You want life, liberty, and happiness.

Or inflation, inflation, an inflation.

not

Death, tyranny, and misery

Or deflation, deflation and deflation.

You all are the supply of power to the absolute capitalist system and the demand for power from the absolute capitalist system.

You all are the cause of the effect.

[crimethink]

And if the "$1" is in gold or silver? Federal Reserve Notes are not "Dollars." Would not a Peace Dollar buy about the same despite spanning the eras?

[Hypertiger]

You can use banknotes to buy coins from the US treasury which is money as defined by congress.

A group of men calling themselves We The People" in Manhattan New York on wall street gave a thing they called congress...The ABSOLUTE power

"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;"

They tell you what money is...and if you refuse to believe what they tell you...You are obviously suffering from some kind of mental problem.

Banknotes?

They are credit...

Alexander Hamilton...A New York banker and city of London asset...Helped write the 1789 Constitution.

Banking is just an accounting system.

Commercial banking as you see it today has been creating credit for 600 years.

A consumer uses their current income which is composed of previously produced credit which is debt owed to someone else and ultimately back to the bank that created it used as money or an asset inflated in price by previously produced credit which is debt owed to someone else and ultimately back to the bank that created it used as money as collateral backing their request for a commercial bank to produce new credit which is debt owed to someone else and ultimately back to the bank that created it used as money.

Loans cause the credit which is debt used as money supply to exponentially grow out of thin air.

Servicing or paying off loans cause the credit which is debt used as money supply to exponentially decay back into thin air.

The entire history of the world for centuries before the USA existed to now has been financed second to second this way.

It's all just accounting to have what is wanted at the right place an time when it is wanted.

But you can only get what you want when what you want and need are the same.

The economics of reality is the supply of power to the demand for power by the economics of fantasy.

The absolute capitalist hierarchical food powered make work enterprise or city state of existence...Is food powered not money powered.

Food = reality = supply of power = positive

Money = fantasy = demand for power = negative

When the demand of fantasy becomes greater than reality...it's game over.

Credit is a solution to the problem of how to sustain the absolute capitalist system when you have a supply of everything to supply the demand of the absolute capitalist system except gold or silver to construct money out of.

Right now the system operates so fast...that if you actually used coins...you would have to load coins in planes...and they would just be taking off and landing then refueling and taking off and landing and the coins would never be off loaded.

Because the trade back and forth all over the world is taking place faster than you all can possibly fathom...Electronic digital computers keep track of it all...around 4 Trillion Dollars flows through New York a day.

Without computers to account for all the transactions globally...the global system would have imploded to oblivion decades ago.

[Serpo]

By handing over something(say gold impregnated notes) that is worth the same as what you are buying then there is no fake piece of paper (fiat)saying that this isnt real money ,its a promise to pay a debt whatever, its not real money,its only real because everyone agrees to call it real.

Therefore the creators of this fake money must be scamming everyone in some way somehow ,otherwise we would have real money.

Sounds all very simple and maybe thats because it is.

[Serpo]

http://www.zerohedge.com/sites/defau...0913_w1usd.jpg

but but but what about the strong dollar policy ,,,,,,,,,,,,,,,,,,,

[Norweger]

http://i59.tinypic.com/why5c2.jpg

[palani]

Rome had the same problem...All civilizations do eventually

Sloppy use of words here HT. There was no civilization in existence during the epoch of Rome.

Civilization is a concept that came into existence in 1704. Seems society in England at that time was based upon common law and they needed a way to convert a common law crime to a civil crime (as against a monarchy or municipality). Hence civilization is not a form of society as you pretty obviously believe but instead is a law passed by legislature to convert a common crime into one civil. The process of destroying the common law is called 'civilization'.

[palani]

Would not a Peace Dollar buy about the same despite spanning the eras?

Depends upon your approach. If you converted a peace dollar to a FRN and then ventured forth to purchase you would find there has been little inflation since the '50s and '60s. However you have lost the ability to actually own what you have purchased. Abolition of private property is now in full effect and anything you have is subject to seizure no matter how you came about it. You have lost the ability to legally own anything but yet are left with the use or usufruct of the thing for as much as you need for your own survival. This is called EQUITABLE OWNERSHIP. You don't legally own a single FRN because any cop can take all you have without leaving you with a single argument that will return your 'wad' to you.

Since you actually have no legal ownership of a FRN then trading it for any other thing does not transfer legal ownership of that thing to you. Sort of like me selling a quit claim deed to your house. All I am doing is saying I have no interest in your house and will not dispute whoever I sell my lack of interest to when they actually take possession of your house.

[madfranks]

And if the "$1" is in gold or silver? Federal Reserve Notes are not "Dollars." Would not a Peace Dollar buy about the same despite spanning the eras?

I think the candy bar analogy works pretty well here. Back in the early 60's a chocolate bar was a nickel, so you could get 20 of them with a peace dollar. Today, the purchasing power of the peace dollar is enough to buy you even more than 20 chocolate bars, so in fact, due to increases in productivity over that last 50 years your peace dollar gets you more.