Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1   Report Post  
Old July 9th 05, 02:35 AM
BagLady
 
Posts: n/a
Default


"running dogg" wrote

The prices have stayed about the same-I think that the Drake R8B was
going for US$1800 when it was discontinued-it's just that the dollar has
depreciated. Since that ad was printed, the dollar has lost over 90% of
its real value. For example, when the gold standard was discontinued in
1971, an ounce of gold was $35 IIRC (the fixed price under the Bretton
Woods system). Now it's $440 an ounce, and certain to go higher. Even
when the price of gold reached a 20 year low in 2001, it was $280 an
ounce.The 2001 price was 8 times the 1971 price, which I think means an
80% drop in purchasing power for the dollar. ALL paper money has been
greatly devalued since the gold standard was scrapped, since without a
tie to gold paper money could be printed at will, and the governments of
the world have done exactly that.


LOL - what a bunch of B.S.
Did you forget what your paycheck looked like in 1971?


  #2   Report Post  
Old July 9th 05, 03:05 AM
 
Posts: n/a
Default

1971,paycheck? $172.00 each week at Delta Cotton Oil company.Later on,at
the auto/truck battery factory,I was earning nearly three times that
each week.
cuhulin

  #3   Report Post  
Old July 9th 05, 03:10 AM
 
Posts: n/a
Default

And according to some "people" the price of gasoline and diesel fuel is
still a bargain.GM and Ford are offering better deals on new
vehicles.Well,they should,they are priced wayyyy to much
anyway.Crackerboxes on wheels.There are no real autos being made
anymore.
cuhulin

Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
F.A. New Emoto EV-700X Elevation Rotor / Bargain Dave Floyd Swap 0 October 15th 04 02:37 PM
FA: DRAKE TV-1000 LP Low-Pass Filter (Bargain !) Roy C. Pollitt Homebrew 0 October 1st 03 11:38 PM
FA: DRAKE TV-1000 LP Low-Pass Filter (Bargain !) Roy C. Pollitt Homebrew 0 October 1st 03 11:38 PM
Bargain The Genie Homebrew 0 September 27th 03 01:31 PM
Bargain The Genie Homebrew 0 September 27th 03 01:31 PM


All times are GMT +1. The time now is 03:32 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 RadioBanter.
The comments are property of their posters.
 

About Us

"It's about Radio"

 

Copyright © 2017