Help! Where do I begin?

Discussion in 'Coin Chat' started by 352sdeer, Feb 13, 2018.

  1. mikenoodle

    mikenoodle The Village Idiot Supporter

    I said almost non-existent. Your graphic is not only over-dramatic, but it’s wrong.

    At an inflation rate of 2%, your $20 has shrunk by approximately 25 Cents over the past 10 years. That’s according to the CPI, not some info-graphic.
     
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  3. 352sdeer

    352sdeer Collecting Lincoln cents for 50 years!

    Everybody says I’m full of it about potential mainstream looting and rioting but we see it in America almost a couple of times a decade like clockwork for petty stupid reasons like sports teams winning or loosing. Can you imagine if the anarchist had a good reason to riot it would be pandimonium and death within hours.
    Reed and Sparkles
     
  4. TheFinn

    TheFinn Well-Known Member

    As long as you can prove to someone what it is. Just because it says SILVER doesn't mean it is. At least with coins they can be looked up in a book.
     
  5. TheFinn

    TheFinn Well-Known Member

    That's not true. When the power was out in Puerto Rico the only things that worked were Barter, Water and Gold. Couldn't get cash out of the ATMs or use your debit card. So you better have had something people wanted. I have read the stories of people that had to sell what they could, but gold was accepted universally.
     
    352sdeer likes this.
  6. 352sdeer

    352sdeer Collecting Lincoln cents for 50 years!

    Good point @TheFinn if I Did Buy silver it would be from a well known source and not some no-name bar or rounds. Smart man! Thanks for your input.
    Reed and a happy Sparkles the Unicorn
     
  7. TheFinn

    TheFinn Well-Known Member

    2%? Have you been to a grocery store lately. The way they are hiding the price hikes is to lower the size of the containers. A half gallon of orange juice now isn't 64 oz., it's 59. And a half gallon of ice cream is 1-1/2 quarts. Bacon comes in 12 oz. packages, not 16 oz. A 39 cent burrito from Taco Bell is $1.29. What cave has the inflation been at 2% in?
     
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  8. mikenoodle

    mikenoodle The Village Idiot Supporter

    Look at the consumer price index. It’s based on fact, not hyperbole or perception
     
    V. Kurt Bellman likes this.
  9. 352sdeer

    352sdeer Collecting Lincoln cents for 50 years!

    The dollar might have shrunk only 25 cents but look at the increase of costs, and this only is until 2013. Some things are way up some are only 125% or more up....... kinda looks like inflation has been supersized to me
    Reed and Sparkles the Unicorn
    45143E01-9E93-4C6F-8803-17EC296DED6E.png
     
    Last edited: Feb 16, 2018
  10. thomas mozzillo

    thomas mozzillo Well-Known Member

    If the Government never gets rid of the paper dollar some level headed? politician will push the idea of melting the billions on dollar coins that are costing a fortune to store
     
  11. longnine009

    longnine009 Darwin has to eat too. Supporter

    If you like unicorns maybe you would like fantasy coins aka micronations or unrecognized states.

    You may even find a micronation of unicorns that's not wall Street. :p

    [​IMG]
     
    352sdeer likes this.
  12. Collecting Nut

    Collecting Nut Borderline Hoarder

    By law the US Mint must make a profit. When you take about $.08 cents of metal, melt it down then shape it and stamp $1.00 on it you just made $.92 cents profit. They can't afford to melt it.
     
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