[ARC5] ARC-5 costs and everything

[J. Forster]

True. What's much more disgusting is if you sold the gold pieces, the
government would charge you Capital Gains Tax on the inflated value. The
government profits from inflation.,

-John

===========


> Go to:
>
> http://www.westegg.com/inflation/
>
> and take a close look at the various values.
>
> The value of our dollar stayed pretty much the same from 1780 through
> 1913...then started its precipitous slide to its present value.
>
> For instance, if you take the value of anything from about 1880, to get
> the
> present "value" in dollars, multiply the 1880 value by 26, more or less.
>
> Things have not gotten more expensive: our dollar has become worth
> less....or worthless, if you would rather.
>
> For instance, you could walk into a car dealership in 1930 and plunk down
> 20
> ea $20.00 gold pieces for a new Ford or Chevy. That's $400 then.
>
> You can take those same $20.00 gold pieces (assuming the car dealer would
> know what to do with them), and plunk them down for a new $18 to $20K car,
> the "value" of an ounce of gold presently hovering around $1K/ounce.
>
> I say it is disgusting.
>
> Ken Gordon W7EKB
> ______________________________________________________________
> ARC5 mailing list
> Home: http://mailman.qth.net/mailman/listinfo/arc5
> Help: http://mailman.qth.net/mmfaq.htm
> Post: mailto:ARC5 at mailman.qth.net
>
> This list hosted by: http://www.qsl.net
> Please help support this email list: http://www.qsl.net/donate.html
>
>