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Message
re: CPI numbers still hot inflation
Posted on 4/10/24 at 7:59 am to Padme
Posted on 4/10/24 at 7:59 am to Padme
GOLD is up 16% in the past two months, SILVER up 24%. Put a more realistic way, the US dollar has lost 16% of it's buying potential against GOLD, and 24% against SILVER, both of which are alternate forms of US currency.
But, keep printing them ShruteBucks and throwing them at people because they can fog a mirror.
But, keep printing them ShruteBucks and throwing them at people because they can fog a mirror.
2
Posted on 4/10/24 at 8:00 am to OccamsStubble
quote:
Put a more realistic way, the US dollar has lost 16% of it's buying potential against GOLD, and 24% against SILVER,
Commodities that fluctuate wildly are not currency comparisons
Posted on 4/10/24 at 10:17 am to OccamsStubble
quote:
But, keep printing them ShruteBucks and throwing them at people because they can fog a mirror.
I wonder if the exchange ratio for SchruteBucks has improved from that initial 1/100 of a cent?
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