| The U.S. Dollar is falling
drastically. The money
system in this country is an upside-down pyramid scheme, and the
debt is so large, and spending is so out of control, that the
collapse of this pyramid is most likely inevitable.
In August of 2008, the federal
government reported that inflation was 5.37% and about 4.0% on
average for the year of 2008. But our federal government has changed
the way it measures inflation since the 90’s.
Based on the pre-1983 measurement
method, inflation today is really 15.6%!
On top of that taxes and fuel
costs are not included in the CPI (Consumer Price Index)
calculations, despite federal taxes as high as
31%
for some people.
Consider the following:
·
A postage stamp in year
1950 was 3 cents; in year 2008, it costs 42 cents (1,400% inflation
= 4.74% per year for 58 consecutive years). Now it’s higher.
·
A gallon of 90 Octane
full-service gasoline cost 25 cents in 1950; today it costs $3.84
(1,536% inflation = 4.91% per year for 58 consecutive years).
·
A house in 1959 cost
$14,100; today's median home price is $213,000 (1,511% inflation =
4.88% per year for 58 consecutive years).
·
A dental crown in year
1990 cost $200; today it costs $1,100 (550% inflation = 11.3% per
year for 18 consecutive years).
·
An ice cream cone in
year 1950 cost 5 cents; today it costs $2.50 (5,000% inflation =
7.1% per year for 58 consecutive years);
·
Monthly government
Medicare insurance premiums paid by seniors was $5.30 in 1970; its
now $96.40 (1,819% inflation = 11.34% per year for 28 consecutive
years; up 70% in the past 5 years);
·
Several generations ago
a person worked 1.4 months per year to pay for government; now the
average person works 5 months per year to pay taxes;
·
In the past, one
wage-earner families lived well and built savings with minimal debt,
many paying off their home and college, and educating children
without loans. How about today?
Based on all this, what do you
think the real inflation rate is?
Whatever it is, it is too high, and it is likely to get worse.
Inflation has been running positive for 53 consecutive years
(since year 1956):
Incessant
inflation, year after year, for 53 consecutive years, is actually
exponential inflation, since the percentage this year is really more
than the percentage of the previous year, which is more than the
percentage of the previous year, etc, etc., etc. That is why the
Consumer Price Index sky-rockets after 1956. It's like compounding
interest, except in reverse, by eroding the value of the currency,
instead of preserving it. That is, the year-to-year inflation does
not reveal the exponential nature of perpetual inflation every
consecutive year, as does the CPI chart, which does reveal the
exponential nature of perpetual inflation.
WHAT HAVE YOU
DONE TO HEDGE AGAINST INFLATION?
WHAT CAN YOU
DO TO PROTECT YOUR WEALTH?
WE HAVE THE
ANSWER---------and we spell it L-A-N-D!
Source:
http://one-simple-idea.com/USD_Falling.htm
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