[PRCo] Dollar
Jim Holland
PRCoPCC at P-R-Co.com
Wed Nov 7 17:25:10 EST 2007
>> fwschneider commented:
>>> Sadly most Americans haven't got a clue how much of what they buy >
>>> comes from other countries and how much the devaluation of the
>>> dollar > is going to push up the cost of everything they buy from
>>> clothing > and lawn sprinkler and a snow shovel at Wal*Mart to their
>>> next > Toyota or Volkswagen or Chevrolet. Chevrolet? Certainly. The
>>> > auto industry buys parts world wide.
.
.
> John Swindler wrote:
.
>
>
> The devaluation of the dollar is apparent in the cost of gasoline,
> but don't expect many Americans to make a connection between deficit
> spending and gasoline prices. It's much easier to blame the
> oil companies.
>
> John
>
.
.
Then there are those who shall Adamantly Deny that a big culprit in the
rise of SPTC model prices is the exchange rate~!~!~!~!~!
.
It is said here in USA that if the People Lead the Govt will Follow
---- but Maybe it is Actually the Udder way around. Govt.
*Prints* money at will (so consider its value) and they have thrown
away the Gold Standard because such a standard Forces Discipline and if
it is AnyThing that PollyTicians hate it is Discipline -- unless they
are Dishing It Out. Thus our society is built on debt and people
have followed that lead -- get many CCs, max them out at all times,
make only the minimum payment and live High on the Hog. People
take out 2nd mortgages and maybe more on the house as they see it as a
bank full of money, even though they still owe on it -- this has been
pushed to the max as well. Debt is almost equivalent to Assets
*In--Practice* -- certainly not by daffynition, or is it~?~!~?~!~?
.
I know people who make an Extremely Good Case that the Fed Reserve is
illegal and unconstitutional -- but try to get it changed.
.
.
.
^~^~^~^~^~^~^~^~^~^
.
.
Jim Holland
.
Studying Pittsburgh Railways Company (PRCo)
.
..............................From 1930 -- 1950
.
Pennsylvania Trolley Museum (PTM)
.
http://www.pa-trolley.org/
.
N.M.R.A.
.
http://www.nmra.org/
More information about the Pittsburgh-railways
mailing list