Super Dollar by Carson Dugal
If they double the money supply by counterfeiting, the dollar becomes worth half as much. You could recreate the same inflation by printing up twenty-six times the money we had at the baseline.
I sort of figure inflation is more like 8%. Here is how.
If you take the $5.00 as a base figure and double it you get $10.00. That is a 100% increase.
If you take the $10.00 as a base figure and double it you get $20.00. That is a 200% increase from the original $5.00.
If you take the $20.00 as a base figure and double it you get $40.00. That is a 300% increase.
If you take the $40.00 as a base figure and double it you get $80.00. That is a 400% increase.
And you still have a ways to go. All of that has happened in about the last 50 years.
So like I say, "I sort of figure inflation is more like 8%."
If you go to a bank website and use a calculator to see what the change is it comes out to over 500% and 10% a year. I figure what is a couple of percentage points like 2% a year; UNLESS IT'S A 2% THAT IS A FLAT-OUT LIE.
If there had been any truth to their 2%-a-year inflation the gasoline that was 17 to 25 cents would now be running at about 34 to 50 cents a gallon after fifty years.
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