franco b wrote:Price is not unreal. The dollar has lost 97% of its value since 1913.
I wonder why?
Hum, could it be that the Federal Reserve and its phony money system replaced real money in 1913? And could it also be that since 1913 there has been a Federal Income Tax?
Before then you could put a dollar in your mattress, forget about it for a few generations, and then upon your distant ancestors re-discovering it, they could buy the same (or a bit more) with it than it could purchase the day you squirreled it away. Yes my friends, before there was a Federal Reserve, very mild deflation was the rule. And post the initiation of Federal Reserve, high rates of inflation have been the rule.