Two rants for the price of one!!!
That's my contribution to the shrinking dollar.
One thing that really bugs me is misleading advertising. Most of us have lost something in this economy. My house is not only upside down, but it's also at the bottom of an economic sink hole. So when I hear the radio host blabbering on about the value of gold actually rising, I want to lash out irrationally. I'm no economist, but I'm pretty sure gold isn't doing anything special, it's the dollar that has dropped. The more money they print, the more dollars an ounce of gold is worth. If the alchemists every learn to print gold, it's value will be able to keep pace with the dollar.
The same radio program (it's the only talk station my car gets) also had a segment about the national debt currently being around 13 trillion dollars, or $42,000 per person, and that it could rise to 20 trillion by 2015, which would be $65,000 per person. (They said $66,000, but I'm adjusting for the rising population).
Even if we count the illegal immigrants, that would only drop the per person debt by $1000 to $3000 (depending on whose census you believe).
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