Daily Archives: October 10, 2009
Dollar purchasing power
The chart above was derived from Bureau of Labor Statistics data. As you can see, it takes about $22 today to buy what $1 bought in 1913. Note the correlation between this chart and the growth of government debt as … Continue reading
Posted in Economics
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Give us this day
After two solid days of rain, the sun is shining this morning. There was just a hint of frost on the grass as we took off for our morning walk. Fall is here, the leaves are turning and winter is … Continue reading
Posted in Laus Deo
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Runaway Debt?
The chart shows the runaway debt party that we in America have been enjoying since 1985. We have been partying like the 80′s since the 80′s and many did not and do not know that. The 2008 financial crisis was … Continue reading