I wonder what this looks like if the vertical axis is given logarithmic scaling. So that equal multiples are given the same changes in height, for example, halving.
What I would like to see is the dollar compared to a fattened steer, a bushel of wheat, a ton of iron ore, lumbar, et cetera. Things that were common and widely used long ago, and still are, and are minimally affected by technology changes.
See https://greatawakening.win/p/17tL6IsARN/zoomer-shortcircuits-when-she-tr/c/ to find out more about why
I thought about putting reference markers in the graph, like start of the Fed, start of income tax, WWI, WWII, etc. Maybe will do an update later.
hell yea!
https://greatawakening.win/p/17tL6OX2uZ/
Source: https://fred.stlouisfed.org/series/CUUR0000SA0R
I wonder what this looks like if the vertical axis is given logarithmic scaling. So that equal multiples are given the same changes in height, for example, halving.
What I would like to see is the dollar compared to a fattened steer, a bushel of wheat, a ton of iron ore, lumbar, et cetera. Things that were common and widely used long ago, and still are, and are minimally affected by technology changes.
1920 -- $20 = 1oz Liberty gold coin
2024 --$2375 = 1oz Liberty gold coin (Today & same worn rough coin)
Buy a lot of Beef for $2375
I think I just paid $1800 for a half, butchered. That was about 350# of meat.
Smart buy.
Greatest buying power was BEFORE THE FED!!!!!
Gold will restore.
It's always been a mystery to me how they kept that lead balloon from hitting the ground over the last 30 years.
Once they get it down to a day's wages buys a loaf of bread, everyone will finally know they are slaves. But then it won't matter anymore.
https://www.youtube.com/watch?v=oTx_o5B0J1Q