Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What effect does a devalued dollar have on precious metals?
>
Reply to Thread
Message:
<p>[QUOTE="ctrl, post: 1369231, member: 13378"]You understand there is a big difference between refuting and ignoring, right? I exactly did not ignore what you wrote because I refuted it. I directly addressed it, which is the opposite of ignoring. I asked you if the 3000% increase in real dollar cost made the bread 3000% less affordable for people now. Your answer didn't respond.</p><p><br /></p><p>And don't call me son.</p><p><br /></p><p><br /></p><p><br /></p><p>I disagreed with your stand that a $3.99 loaf of bread is standard in comparison to the type of bread available in 1930. You proceeded to dishonestly misuse some numbers of people not paying income tax as proof that they cannot afford $2.68 for a loaf of bread. Your answer to this doesn't help your claim. </p><p><br /></p><p>You brought up unemployment in an attempt to show that even though median salaries have increased (you mistakenly refer to average salaries) that more people overall are unable to afford $2.68 in bread, in comparison to the 1930 time you put forth. I pointed out how you're missing the fact that you're comparing now to the *Great Depression*, which totally undermines whatever point you're trying to make.</p><p><br /></p><p>Inflation has happened. Does that mean that common items are less affordable now than they were in your time period of 1933? No. Wages have increased alongside, and economic efficiency has greatly increased. Even the very poor typically have refrigerators, tvs, and enough to buy $2.68 in bread. Not remotely so for your gold-backed time of 1933.[/QUOTE]</p><p><br /></p>
[QUOTE="ctrl, post: 1369231, member: 13378"]You understand there is a big difference between refuting and ignoring, right? I exactly did not ignore what you wrote because I refuted it. I directly addressed it, which is the opposite of ignoring. I asked you if the 3000% increase in real dollar cost made the bread 3000% less affordable for people now. Your answer didn't respond. And don't call me son. I disagreed with your stand that a $3.99 loaf of bread is standard in comparison to the type of bread available in 1930. You proceeded to dishonestly misuse some numbers of people not paying income tax as proof that they cannot afford $2.68 for a loaf of bread. Your answer to this doesn't help your claim. You brought up unemployment in an attempt to show that even though median salaries have increased (you mistakenly refer to average salaries) that more people overall are unable to afford $2.68 in bread, in comparison to the 1930 time you put forth. I pointed out how you're missing the fact that you're comparing now to the *Great Depression*, which totally undermines whatever point you're trying to make. Inflation has happened. Does that mean that common items are less affordable now than they were in your time period of 1933? No. Wages have increased alongside, and economic efficiency has greatly increased. Even the very poor typically have refrigerators, tvs, and enough to buy $2.68 in bread. Not remotely so for your gold-backed time of 1933.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
What effect does a devalued dollar have on precious metals?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...