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<p>[QUOTE=&quot;mikem2000, post: 1841675, member: 30574&quot;]That argument holds no water because it is a totally separate issue.&nbsp; Wages can and have &quot;trailed&quot; in periods of deflation also.&nbsp; History has shown, average salaries do drop in deflationary times and a lot of times they drop faster than the delflation rate.&nbsp;&nbsp; It is the exact same problem, so it cannot be tied to inflation.</p><p><br /></p><p>Now the second part of your argument is also incorrect.&nbsp; I think we can agree for most if the 20th century, it has been an inflationary time.&nbsp; In 1900 the average salary was $438 and in present day, it is $44,000 dollars.&nbsp; </p><p><br /></p><p>Now according to the West Egg inflation calculator, $438 in 1900 works out to be 11,897.12 in 2012 dollars, so in over 100 years of inflation, the average purchasing power of a wage earner has increased 4 fold, and has not trailed as you suggest.</p><p><br /></p><p>This cannot be stressed enough, declining purchasing power of the USD is just not problem the bullion peddlers make it to be, and yet it seems to be this core belief of the stacker crowd.&nbsp; </p><p><br /></p><p>In my opinion it is really just another fear tactic used by the bullion industry to peddle their goods. I mean take another look at the graph that Doug444 posted that started this conversation. Instead of just showing the numbers or a bar graph showing the facts, they overlaid a dollar bill that suggests it is disappearing. Why? The purpose was to instill fear.&nbsp; Don&#039;t drink the Koolaid.[/QUOTE]</p><p><br /></p>

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