On Apr 21, 12:59=A0pm, Michae...@[EMAIL PROTECTED]
wrote:
> On Apr 16, 12:01 pm, Jerry Kraus <jkraus_1...@[EMAIL PROTECTED]
> wrote:
>
>
>
>
>
> > On Apr 16, 10:30 am, ZerkonX <Z...@[EMAIL PROTECTED]
> wrote:
>
> > > On Tue, 15 Apr 2008 08:27:34 -0700, Jerry Kraus wrote:
> > > > The patterns are strikingly parallel from the beginning of the
centu=
ry
> > > > up to the 1970s.
>
> > > Gold Standard go bye-bye. Money becomes separated from a referenced
va=
lue
> > > standard to a value determined by control and manipulation.
>
> > > The rest, as they say, is history.
>
> > It's curious how people in the U.S. say we're not in a "Bear Market",
> > when the value of the U.S. currency has dropped by 50% in the last
> > five years on international money markets, and the Stock Market is
> > just about at the same level it was five years ago. =A0That's a 50%
drop=
> > in effective market capitalization. =A0Not counting inflation.
>
> American (who are not involved in currency exchange hysteria) do not
> measure their wealth based off of the Euro.
>
> The measure it based off of what in can buy for them. =A0There has not
> been a 50% drop in purchasing power.- Hide quoted text -
>
> - Show quoted text -
There has been a 50% drop in purchasing power of the dollar on
international markets as compared to the Euro. If you are purchasing
only American products in the United States, the drop in purchasing
power is not as noticeable. As long as you limit yourself to
purchasing American products in the U.S.
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