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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!

http://www.libertydollar.org/real-mo...toon_large.jpg
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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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