8 Comments
User's avatar
this's avatar

That steadily rising M2 money supply curve, is it keeping pace with the debts owed on the public currency? Debts plus compound interest that is.

Martin G. Beckmann's avatar

Post war prosperity was just a pay off for supporting the war effort. America having stolen all the world’s gold, squandered its wealth just as the Spanish empire did. Now it’s some one else’s turn to plunder the world’s wealth. Hopefully, the BRICS, seeing how the cabal works, will be more disciplined.

Aaron MacMaster's avatar

If anyone is interested in seeing more illustrations on how the elimination of the gold standard has impacted our economy, check out the website that Matt referenced in The Preparation called wtfhappenedin1971.com.

Russ's avatar

It is unfortunate that this sort of information would never appear in, say, a mainstream media report

Ryan's avatar

Yes, silver is still too cheap. Platinum is as well. I live in Oklahoma and think the poverty line is way above $31,000 but below your number. I would say to multiply your house payment by 3.5 and that would be closer to a true number. In Oklahoma $1900 is probably average. Rent is probably $1250-$1500. So, in Oklahoma I would guesstimate $52,500-$80,000 gross as the line. True middle class, in Ok would be starting at $80,000.

Kevin Beck's avatar

I pinpoint the exact same date as you.