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Old 09-09-2012, 10:19 PM   #1
XarokLasa

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Oct 2005
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Default [IMG] The Incredible Shrinking Dollar - $1's worth of silver at today's prices


Yesterday, while my wife and I were down in Honolulu, we stopped by one of our favorite shops, Island Stamp and Coin √, which not only deals stamps and coins but various Hawaiian antiques. I have known these people for many years and they are the best on the island.

One item caught my eye. Someone had decided to recreate the Morgan Silver Dollar, using just one dollar's worth of silver at today's price. The results, as you can see, are staggering.

At left is an original Morgan Silver dollar. At right, scanned at the same time and to the same scale, is the Morgan dollar as it appears using just $1 worth of silver today.

I think this is a great illustration of just how much the dollar has been devalued since the creation of the Federal Reserve. That shrinkage represents a theft of real purchasing power from the people by the Federal Reserve every time them crank up those printing presses to create new notes for themselves and their banker buddies. http://www.yelp.com/biz/hawaiian-isl...-coin-honolulu

http://whatreallyhappened.com/node/189183


Enjoy TNE
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Old 09-09-2012, 10:29 PM   #2
Pheboasmabs

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but, but this is the amazing power of inflation.................next step is nano sized coins
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Old 09-10-2012, 01:08 PM   #3
Zpxbawtz

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They should have picked a better looking Morgan for the original, that one is messed up! I don't think you could find an uglier Morgan dollar if you tried!
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