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Correct. There has been a long standing truism regarding the value of the dollar vs. the value of gold. In the 20's- 30's, till now, a man man could buy either an ounce of gold, or a good quality suit, for roughly the same price. The same is true today. But you cannot buy either in comparable dollar amounts across those time spans...It is still an onion, dunce, it just means that once it didnt take more dollars to buy that onion, as it does now.
I was in Turkey back in 1990s and 1 red apple, that cost my wife 6 dollars was translated into 4 million Turkish Lira.
An ounce of gold in 1932 was 20 dollars. Today that same ounce of gold is $2,000 dollars. It is still an ounce of gold, but the buying value of the dollar is 100 times less.....
Im simply asking you who gets the $2.00 extra that an onion is being purchased for? (even though that isnt a good example since it costs the same).
So you don’t know who gets the $2 extra. Ok, so if you have no idea what’s going on your opinion isn’t relevant. Anyone else?It is still an onion, dunce, it just means that once it didnt take more dollars to buy that onion, as it does now.
I was in Turkey back in 1990s and 1 red apple, that cost my wife 6 dollars was translated into 4 million Turkish Lira.
An ounce of gold in 1932 was 20 dollars. Today that same ounce of gold is $2,000 dollars. It is still an ounce of gold, but the buying value of the dollar is 100 times less.....
I pray Democrats run on the economyMSN
All old, rich, white, guy Joe Biden had to do, was leave everything that President Trump left him alone, and he would be one of the greatest presidents since Calvin Coolidge and the 2020s would be roaring. But Joe just couldnt leave well enough alone and now 80% of US households are worse off because of him, and those that helped Joe steal the 2020 election.
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It’s not magical. The $2 went to onion pickers, and onion shippers and onion farm owners. They have your $2. Not the US govt dipshit. Either pay them their $2 or don’t eat onions.Not really .. it doesn't cost the same .. in fact, inflation decreases the buying power of the dollar (or whatever currency) and represents the increase of the costs of goods and/or services a business offers. When the onion costs $2 more .. it means the cost of producing or acquiring that good has increased and those additions will most certainly be passed to the consumer.
Three years ago you were saying that MSN was fake news.MSN
All old, rich, white, guy Joe Biden had to do, was leave everything that President Trump left him alone, and he would be one of the greatest presidents since Calvin Coolidge and the 2020s would be roaring. But Joe just couldnt leave well enough alone and now 80% of US households are worse off because of him, and those that helped Joe steal the 2020 election.
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I got a white onion for sixty five cents at Walmart.It’s not magical. The $2 went to onion pickers, and onion shippers and onion farm owners. They have your $2. Not the US govt dipshit. Either pay them their $2 or don’t eat onions.
Fuckup the greatest American economy wasn't in the 1920's.MSN
All old, rich, white, guy Joe Biden had to do, was leave everything that President Trump left him alone, and he would be one of the greatest presidents since Calvin Coolidge and the 2020s would be roaring. But Joe just couldnt leave well enough alone and now 80% of US households are worse off because of him, and those that helped Joe steal the 2020 election.
View attachment 874863
It’s not magical. The $2 went to onion pickers, and onion shippers and onion farm owners. They have your $2. Not the US govt dipshit. Either pay them their $2 or don’t eat onions.
Shit cost more now than in 1980, learn to deal.We are paying for the onion .. and it costs substantially more today than it did 2 years ago. As stated .. the additional costs to acquire or produce a product is passed to the consumer .. which you either don't understand or it went over your head.
You communist loser. Do you like capitalism or not? I just showed you none of that money went to the govt and all to capitalist institutions of labor, production, and owners. If you don’t like it then go to Russia.We are paying for the onion .. and it costs substantially more today than it did 2 years ago. As stated .. the additional costs to acquire or produce a product is passed to the consumer .. which you either don't understand or it went over your head.
Oh my god. Food prices rising at a slower pace than the extreme inflation of last year is a win?
Food Prices: As Dining Out Costs Climb in 2024, It May Pay to Eat In - NerdWallet
Inflation has been declining overall and the food index is rising at a slower rate than it was a year ago.www.nerdwallet.com
I’m embarrassed for you. Learn to deal with that.Shit cost more now than in 1980, learn to deal.
Don't worry your Walmart Mac & Cheese is still affordable for you.Oh my god. Food prices rising at a slower pace than the extreme inflation of last year is a win?
God help us all!
I'm sorry you're doing so poorly, is there anything we can do to help?MSN
All old, rich, white, guy Joe Biden had to do, was leave everything that President Trump left him alone, and he would be one of the greatest presidents since Calvin Coolidge and the 2020s would be roaring. But Joe just couldnt leave well enough alone and now 80% of US households are worse off because of him, and those that helped Joe steal the 2020 election.
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Where were you in december and january of 2020-2021?How did President Trump leave the US as a nation in Chaos? Please explain?
As long as it's you and not me I am ok with that.I’m embarrassed for you. Learn to deal with that.
Well, you know, that's not totally unexpected in the second dumbest nation.Some of those Democrat voters who frequent this board are saying how great the economy is doing. 80% of US households think otherwise.
jabberwocking.com
Americans pegged unemployment at 32%, above even Great Depression levels! And when Ipsos tallied up their whole set of questions, Americans were (almost) the most ignorant people in the advanced world:
You are such a lickspittle lapdog for the Marxist party. That extra 2 whole bucks, is spread out amongst the energy people, the transportation people, and commerce people, but it doesnt help because it is 2 whole bucks less buying power because of it. As for irrelevant opinions, you seem to do it on a daily basis. You Joe Biden voter you...So you don’t know who gets the $2 extra. Ok, so if you have no idea what’s going on your opinion isn’t relevant. Anyone else?
<------Irrelevancy........
Cronie Capitalism where they pick winners and losers isnt capitalism, you Joe Biden voter you. I cant call you a moron for a moron is two levels higher in intelligence and a Joe Biden voter.You communist loser. Do you like capitalism or not? I just showed you none of that money went to the govt and all to capitalist institutions of labor, production, and owners. If you don’t like it then go to Russia.
