Author Topic: Republicans to embrace gold in platform  (Read 1618 times)

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Offline mystery-ak

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Republicans to embrace gold in platform
« on: August 23, 2012, 04:53:42 PM »

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Offline Saltbag

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Re: Republicans to embrace gold in platform
« Reply #1 on: August 23, 2012, 09:08:48 PM »
I think this is interesting and worth watching just because it's even considered, which is above my expectations.

No teeth, no anything, but maybe a baby step.

Thanks, Myst.
"Any act of government must necessarily reduce? freedom" - Thomas Sowell

Offline GAJohnnie

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Re: Republicans to embrace gold in platform
« Reply #2 on: August 23, 2012, 09:23:06 PM »
Inflation has remained under control in recent years

No it hasn't. It merely been hidden by a corrupt administration and a complicit media. For example, Energy costs. You have seen almost am 300% inflation in your energy costs in the last 4 years. But because no one in the junk media talks about it American just grit their teeth and absorb it.

Offline speekinout

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Re: Republicans to embrace gold in platform
« Reply #3 on: August 23, 2012, 09:30:24 PM »
They took both energy and food costs out of the inflation computation a long time ago - maybe as long ago as the 1970's. It doesn't make a whole lot of sense because those are the prices we notice most, but they are also the most volatile, so we wouldn't have a good index if they were included.
Anyway, the inflation index isn't a measure of how much our pocketbooks are hurting.

Offline Bigun

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Re: Republicans to embrace gold in platform
« Reply #4 on: August 23, 2012, 09:37:37 PM »
They took both energy and food costs out of the inflation computation a long time ago - maybe as long ago as the 1970's. It doesn't make a whole lot of sense because those are the prices we notice most, but they are also the most volatile, so we wouldn't have a good index if they were included.
Anyway, the inflation index isn't a measure of how much our pocketbooks are hurting.

Energy costs only affect the the price of EVERYTHING! Why should that be included in the calculation?  / Sarc

Offline jmyrlefuller

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Re: Republicans to embrace gold in platform
« Reply #5 on: August 24, 2012, 09:54:34 AM »
They took both energy and food costs out of the inflation computation a long time ago - maybe as long ago as the 1970's. It doesn't make a whole lot of sense because those are the prices we notice most, but they are also the most volatile, so we wouldn't have a good index if they were included.
Anyway, the inflation index isn't a measure of how much our pocketbooks are hurting.

That's the thing. The vast majority of our day-to-day expenses come from food and energy. While the idea of "core inflation" as a financial measuring stick has some usage, it shouldn't be considered the sole arbiter of the value of a dollar.


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