PROOF that the ECONOMY is COLLAPSING!
01-22-2013, 04:08 PM
#1
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PROOF that the ECONOMY is COLLAPSING!
Hyperinflation has begun. Exchange your dollars for gold while you still can- your money will soon be worthless. You think the collapse of the Weimar Republic was bad? At least in 1923, it was worth hauling the money around in wheelbarrows so that you could buy a loaf of bread with it.
(Un-identified German man, carrying three trillion Reichsmarks, enough to purchase a loaf of bread and a cup of sugar in the summer of 1923.)
Case in point:
Since its inception in 2002, Charles Shaw wine has cost $1.99. In fact, at many Trader Joe's locations in California, there is an actual mural painted on the wall, celebrating the fact that Charles Shaw still costs only $1.99 after an entire decade.
This wine is famously referred to as "Two Buck Chuck," and has served as a beacon of stability through the turbulent times of the post-dot-com collapse, the longest foreign war in US History, the boom-and-bust of the housing market, and on and on. There has even been a grassroots movement to elect Charles Shaw for President.
Now, Charles Shaw is not an especially good wine. In fact, It is produced by first making wine from the grapes that weren't quite good enough to go into Night Train or MD 20/20, and then diluting that with antifreeze and Kool-Aid.
(Charles Shaw is not quite as palatable as these fine wines.)
But this does not change the fact that it is, quite simply, the #1 selling wine in the entire world.
So, what clearer omen to portend the forthcoming collapse of civilization as we know it, at the hands of a rapidly crumbling global monetary system?
Well, as I found out this morning on my way into work, Trader Joe's has raised the price of Charles Shaw wine to $2.49.
Get rid of your large stacks of dollars, euros, and other worthless pretend currencies while you still can. Soon, children will be building playhouses out of them.
(Un-identified German man, carrying three trillion Reichsmarks, enough to purchase a loaf of bread and a cup of sugar in the summer of 1923.)
Case in point:
Since its inception in 2002, Charles Shaw wine has cost $1.99. In fact, at many Trader Joe's locations in California, there is an actual mural painted on the wall, celebrating the fact that Charles Shaw still costs only $1.99 after an entire decade.
This wine is famously referred to as "Two Buck Chuck," and has served as a beacon of stability through the turbulent times of the post-dot-com collapse, the longest foreign war in US History, the boom-and-bust of the housing market, and on and on. There has even been a grassroots movement to elect Charles Shaw for President.
Now, Charles Shaw is not an especially good wine. In fact, It is produced by first making wine from the grapes that weren't quite good enough to go into Night Train or MD 20/20, and then diluting that with antifreeze and Kool-Aid.
(Charles Shaw is not quite as palatable as these fine wines.)
But this does not change the fact that it is, quite simply, the #1 selling wine in the entire world.
So, what clearer omen to portend the forthcoming collapse of civilization as we know it, at the hands of a rapidly crumbling global monetary system?
Well, as I found out this morning on my way into work, Trader Joe's has raised the price of Charles Shaw wine to $2.49.
Get rid of your large stacks of dollars, euros, and other worthless pretend currencies while you still can. Soon, children will be building playhouses out of them.
Last edited by Joe Perez; 01-22-2013 at 04:39 PM.
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01-22-2013, 07:43 PM
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**** the gold standard, America should adopt the CHARLES SHAW STANDARD!
It's a perfect currency. Supply always adjusts to perfectly satisfy the demand for currency, and yet it maintains a perfectly stable value, exhibiting neither inflationary nor deflationary tendencies!
Nah, it's not quite that bad. It's just pretty much what you would expect from a two dollar bottle of wine.
That's what the ten year old single-malt is for.
Wasn't there a movie about this involving a guy in a black Trans-Am?
$0.40 per liter, and they still can't seem to operate without huge influxes of federal money.
How the hell do these east-coast states manage to screw themselves up this badly?
It's a perfect currency. Supply always adjusts to perfectly satisfy the demand for currency, and yet it maintains a perfectly stable value, exhibiting neither inflationary nor deflationary tendencies!
How the hell do these east-coast states manage to screw themselves up this badly?
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01-22-2013, 09:57 PM
#12
**** the gold standard, America should adopt the CHARLES SHAW STANDARD!
It's a perfect currency. Supply always adjusts to perfectly satisfy the demand for currency, and yet it maintains a perfectly stable value, exhibiting neither inflationary nor deflationary tendencies!
It's a perfect currency. Supply always adjusts to perfectly satisfy the demand for currency, and yet it maintains a perfectly stable value, exhibiting neither inflationary nor deflationary tendencies!
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01-22-2013, 09:58 PM
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This thread illustrates the difficulty of measuring price inflation, especially over short periods of time.
mgeoff, after gold was demonetized, it turned into a commodity. As such its price is not a good indicator of inflation. If it were commonly used as currency, the economy would act to stabilize its value over the short term. Even over the last 100 year periods, today, its price in USD has been heavily influenced by influences other than its supply.
mgeoff, after gold was demonetized, it turned into a commodity. As such its price is not a good indicator of inflation. If it were commonly used as currency, the economy would act to stabilize its value over the short term. Even over the last 100 year periods, today, its price in USD has been heavily influenced by influences other than its supply.
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01-22-2013, 11:15 PM
#14
This thread illustrates the difficulty of measuring price inflation, especially over short periods of time.
mgeoff, after gold was demonetized, it turned into a commodity. As such its price is not a good indicator of inflation. If it were commonly used as currency, the economy would act to stabilize its value over the short term. Even over the last 100 year periods, today, its price in USD has been heavily influenced by influences other than its supply.
mgeoff, after gold was demonetized, it turned into a commodity. As such its price is not a good indicator of inflation. If it were commonly used as currency, the economy would act to stabilize its value over the short term. Even over the last 100 year periods, today, its price in USD has been heavily influenced by influences other than its supply.
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01-23-2013, 12:06 AM
#15
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Can we please blame the European Central Bank this time? Or maybe the Nippon Ginkō. Masaaki Shirakawa hasn't been in the news much lately.
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01-23-2013, 09:05 AM
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It'll be the Ferrari of inflation: more than you can afford, pal!
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