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what exactly did Bernanke say??
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<p>[QUOTE="LEG END, post: 1166803, member: 26139"]Measured using a 1980 GOVERNMENT formula, the present rate of inflation is at 10.00%. That's huge, folks. Moreover, if you look at the Dow industrials using the businesses that Dow pegged itself to then, the Dow lost money. You would have a negative value, with most of the businesses kaput. Adjusted for inflation according to the 1980 level, Gold and Silver are LESS COSTLY using the adjusted rate of inflation. Meaning: the price of gold and silver will increase to catch up with the actual inflation rate, as calculated in 1980 values. If you believe ANYTHING the government revisionists say, shame on silly you. Buy gold and silver. That way you can be regarded as a national hero when they come to demand that you sell it back to them to rescue us from financial oblivion. At gunpoint if you hazard a no. In prison if you conceal it. Making your friends and relatives rich from the reward they get by turning you in. Are we not a great country?[/QUOTE]</p><p><br /></p>
[QUOTE="LEG END, post: 1166803, member: 26139"]Measured using a 1980 GOVERNMENT formula, the present rate of inflation is at 10.00%. That's huge, folks. Moreover, if you look at the Dow industrials using the businesses that Dow pegged itself to then, the Dow lost money. You would have a negative value, with most of the businesses kaput. Adjusted for inflation according to the 1980 level, Gold and Silver are LESS COSTLY using the adjusted rate of inflation. Meaning: the price of gold and silver will increase to catch up with the actual inflation rate, as calculated in 1980 values. If you believe ANYTHING the government revisionists say, shame on silly you. Buy gold and silver. That way you can be regarded as a national hero when they come to demand that you sell it back to them to rescue us from financial oblivion. At gunpoint if you hazard a no. In prison if you conceal it. Making your friends and relatives rich from the reward they get by turning you in. Are we not a great country?[/QUOTE]
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what exactly did Bernanke say??
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