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Old August 1st, 2009, 12:02 PM   #1
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Inflation through History

Liberty Dollar

This 1934 Chicago Tribune cartoon titled: PLANNED ECONOMY OR PLANNED DESTRUCTION. Reprint posted by Jim Sinclair as a poignant reminder that depicts the very same government solutions and capitalist-bashing ideas that are oh-so-common today. The more things change, the more they stay the same. Please note that the political cartoon mentions "pinkies from columbia and harvard" and President Obama went to both!

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Old August 1st, 2009, 03:35 PM   #2
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This is an excellent post!

I can remember quite clearly in 1961/2 starting to buy my own school clothes from summer work on the farm... the going rate for farm teens was $0.30 an hour to $0.50 an hour and adult laborers only earned a nickle or so more. You could work a ten hour day for $3.00 cash and buy exactly one pair of Levis, three to four ten hour days would buy a nice pair of real leather shoes made in NY or MA... you could buy a 12 oz soda for ten cents and get thee cents back for the empty bottle.

My half sister married a college grad and he earned an unheard income of over a hundred dollars a week after taxes... wow what a time. In 1966 I bought a brand new Austin Healey 3000 sports coop for less than $3,000.

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