Flutterby™! : factoring in inflation

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factoring in inflation

2007-01-08 17:45:47.323914+00 by Dan Lyke 1 comments

A thread on tire boots on the Tandem@Hobbes[Wiki] list deteriorated into discussions of whether a Euro bill would be more effective than a dollar bill for emergency repairs, at which point Wyatt commented that "You have to factor in inflation!"


[ related topics: Currency Bicycling Economics ]

comments in ascending chronological order (reverse):

#Comment Re: All Fiat Currencies made: 2007-01-09 04:31:42.61017+00 by: ckrainey

Ummm .... the dollar is dead. Went on life-support after the Federal Reserve was created back in the 1930's. Officially unplugged by that cretin, Nixon, in the 70's when he closed the Gold standard window. Depression II on the horizon. Get something of real[Wiki] value while you still can (eg. generators/rack server's/backup drives/gold & silver). Get out of debt and lose the gas-guzzler, etc.

"A little revolution now and then is a good thing; the tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -Thomas Jefferson(1787)

Be happy.