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<p>[QUOTE="WingedLiberty, post: 1164926, member: 26030"]I saw an interesting segment on CNBC a while ago. </p><p><br /></p><p>This analyst was saying that all he ever hears is how gasoline is at record highs of over $4 a gallon. He then said that in reality gasoline has never been cheaper. Gasoline costs just 10 cents a gallon! The problem is you need a "real" dime from 1964 that's made of silver to buy it.</p><p><br /></p><p>In other words, you can buy a gallon of gasoline with that 1964 U.S. dime.</p><p><br /></p><p>He said it proves his point that nothing is very expensive now in reality, it's just the the U.S. Government has printed so much unbacked paper (fiat) currency, that the dollar has lost it's value -- so things sound expensive -- in reality it's the dollar that's become less and less valuable.</p><p><br /></p><p>It's a very interesting way to look at things.[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1164926, member: 26030"]I saw an interesting segment on CNBC a while ago. This analyst was saying that all he ever hears is how gasoline is at record highs of over $4 a gallon. He then said that in reality gasoline has never been cheaper. Gasoline costs just 10 cents a gallon! The problem is you need a "real" dime from 1964 that's made of silver to buy it. In other words, you can buy a gallon of gasoline with that 1964 U.S. dime. He said it proves his point that nothing is very expensive now in reality, it's just the the U.S. Government has printed so much unbacked paper (fiat) currency, that the dollar has lost it's value -- so things sound expensive -- in reality it's the dollar that's become less and less valuable. It's a very interesting way to look at things.[/QUOTE]
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