Woochifer]All this ranting, and you still can't come up with a source that supports your assertion that the dollar has lost 80% since 1988! Good luck trying to find them $2 candy bars, $15 gallons of milk, and $8 Big Macs!
Milk is subsidized, candy bars are getting close to 2.00, and you cant get out of a fast food joint without paying at least seven bucks

Let's see ...

20k/9k = 2.22

If the dollar lost 80% of its value since 1988 as you claim, then a Mustang should actually cost $45k. Maybe it would help you if you could actually come up with an example that supports YOUR conclusion rather than MINE! Or better yet, learn how to use a calculator before posting more nonsense like this...
They gave away a mustang on the price is right the other day, 45,000$
A plain jane with decent options costs a minium of 23,000, although you can get a stripped down one for 20,000, an increase of 11,000
An increase of over 50%, you can put the other 25% on increased productivity.
I could still get a soft drink twenty years ago for 50 cents, my last one cost 1.50 at a store, they are 1.25 in the machines where I work.
And I remember when the dollar bought 400 yen, today it buys 100, so dont try your rediculing to obfusticate the situation, you know I am not only right but probably understating things


I see that you're now back to lying, now that your stupidity has been exposed yet again. Must suck for you to be such an easy target for anyone with at least a junior high school diploma!
In other words when you are shown to be an incompetent, one of many who have led us to the point of destruction, you resort to name calling.
The sad thing is that this is your JOB , and you either are an idiot or lying to cover
for your idiot friends in govt


Where did I ever deny that the annual inflation rate was around 3 to 4%? That's a low inflation rate compared to the double digit rates from the late-70s. The difference between our numbers is that I know how to correctly compound a growth rate over 20 years, YOU DON'T! And like I said, a 4% inflation rate would give you a 1988 dollar equivalency of $0.44, which is losing just over half of its value, not 80%. Only if the inflation rate goes over 7.7% would the dollar lose 80% of its value in 20 years as you keep desperately claiming.
you see, crap like this is what makes me want to cry, you actually post what a highschooler can see is complete stupidity and with such arrogance that its more pathetic
than sad.
Even if you "compounded" a growth rate, this is a loss rate we're talking about, ace.
You lose 4% one year, you dont start over, you lose 4% the next year.
And so on and so on.
Over twenty years an inflation rate of 4% will give you AN EIGHTY PERCENT LOSS.
You're saying that since the govt stole 4% last year the most they can steal the next
is 4% of 96%
WHAT you fail to see is that that 96% is a 100% of the value of the dollar, thats 100%
of its worth.
Chicanery like this allows book cookers like yourself to use semantics to cover up one of the biggest crimes in history

BUT whats really sad is that if I agree your twisted view of reality is
correct, that is still a loss of 56%!!!
I am arguing that you burnt down the house, you shoot back that the yard is left.
Some argument slick


Of course I'll deny your laughably idiotic 4% x 20 years = 80% calculation because applied to a 20-year annualized change rate, your calculation is flatout WRONG! Anyone passing a high school exit test would know that an annual rate of change has to be compounded annually (i.e., the correct formula for an annual change rate is $1 x (1+(-4.0%))^20 years). Are you saying that a dollar attains a negative value starting in year 26? Just because you finally mastered a 4th grade multiplication table doesn't mean that you know squat about calculating change rates over time.
BANKERS USE COMPOUND INTEREST to help them fleece their customers, compounding has nothing to do with this.
And the penny has already acheived a "negative" value, costs more to make one than its worth, soon the same will apply to a dollar bill


Too bad simple math remains an oh so elusive concept for you!
Too bad simple math is such an xray maching for book cookers such as yourself

Someone out there would love to be your creditor. With deficient math skills like these, you'd get fleeced to no end!
Someone out there would love to have a doublespeaking con artist like you working for them, hiding behind your BS they could loot a country...
AND THAT IS WHAT HAPPENED


Right, we're all doomed Mr. Sunshine!
the first right thing you've said all day.
And when the collapse comes they will roll all three countries (mexico, usa, and CANADA)
INTO ONE COUNTRY, burn the constitution, issue "national" ID based on RFID,
and that will pretty much be it , the corpse of what was once a free country will
be dissected and torched, which was the ultimate plan in the first place.
And I will have that one over you, I wont have to look at myself in the mirror and admit that I helped to destroy what was once the greatest country in the world, by covering up the crime while it was taking place, on the other hand you're so clueless you're probably
just a "usefull idiot" as Marx would have said