| Author |
Topic:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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jeune posted:
Brother_Tempus posted:
Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
How is the government preventing you from using gold and silver?
section 5103 of title 31 of the US Code
sections 486 & 489 of title 18 of the US code
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regulator_cracka
Title: They finally recognized greatness.
Posts: 3,726
Registered: 2009-1-6 15:07:53
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Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Odd, we still have not hit the all time highs, with the possible exception of inflation rated 70s oil crisis years, that we did during the bush years.
Praise Obama!
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If you think my opinion is idiotic, re-read yours.
Dont worry I will give my opinion anyways.
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jeune
Posts: 216
Registered: 2005-5-29 13:25:11
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Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
jeune posted:
Brother_Tempus posted:
Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
How is the government preventing you from using gold and silver?
section 5103 of title 31 of the US Code
sections 486 & 489 of title 18 of the US code
1st code says that congress is able to designate currency and it is legal tender... that is their power under article 1 section 8 of the U.S. constitution.
your next 2 sections say that you are not allowed to counterfeit any legal currency (AKA cannot make a coin that looks like legal tender). This is another power of congress under article 1 section 8.
It says nothing about contracts between 2 private individuals.
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Someguy.
Title: President of Petoria
Posts: 4
Registered: 2000-6-29 12:34:19
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Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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http://www.coinflation.com/silver_coin_values.html
According to that site a silver dime from 1925 (which was actually 10% copper) would be worth $2.44 today. So it wouldn't quite buy a gallon of gas. Both silver and oil are commodities and their values can fluctuate relative to one another. Just switching to the gold/silver standard can't possibility guarantee that the price of oil will never go up. If the demand for oil goes up and the supply of oil goes down the price is going to go up relative to whatever currency you use.
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
|
Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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jeune posted:
Brother_Tempus posted:
jeune posted:
Brother_Tempus posted:
Interesting to know that a dime from 1925 could purchase a gallon of gas then and if melted now, still can purchase a gallon of gas.
Just shows you that the problem is not the price of gasoline but the debasement of the currency that has led to gas being "so expensive"
If we allowed people to use gold and silver instead of government monopoly money .. gas would be 10 cents a gallon again.
How is the government preventing you from using gold and silver?
section 5103 of title 31 of the US Code
sections 486 & 489 of title 18 of the US code
1st code says that congress is able to designate currency and it is legal tender... that is their power under article 1 section 8 of the U.S. constitution.
your next 2 sections say that you are not allowed to counterfeit any legal currency (AKA cannot make a coin that looks like legal tender). This is another power of congress under article 1 section 8.
It says nothing about contracts between 2 private individuals.
you are either not reading all if it or you dare deliberately lying ... I am going to go with the latter
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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
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|
regulator_cracka
Title: They finally recognized greatness.
Posts: 3,726
Registered: 2009-1-6 15:07:53
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Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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b_t, when does your episode of Doomsday Preppers air?
-----signature-----
Self Appointed Smart Ass - Level 80
If you think my opinion is idiotic, re-read yours.
Dont worry I will give my opinion anyways.
The PvP MMO is NOT a "niche" market, Mythic is just a "niche" company.
|
Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
|
Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Someguy. posted:
http://www.coinflation.com/silver_coin_values.html
According to that site a silver dime from 1925 (which was actually 10% copper) would be worth $2.44 today. So it wouldn't quite buy a gallon of gas. Both silver and oil are commodities and their values can fluctuate relative to one another. Just switching to the gold/silver standard can't possibility guarantee that the price of oil will never go up. If the demand for oil goes up and the supply of oil goes down the price is going to go up relative to whatever currency you use.
take away the taxes on gas that did not exist in 1925 and where does the price fall to?
your obtuseness is noted
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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
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Akza
Posts: 271
Registered: 2002-9-8 18:02:25
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Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Gas is 3.14/gallon here.
I think it's a pretty reasonable cost.
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jeune
Posts: 216
Registered: 2005-5-29 13:25:11
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Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Brother_Tempus posted:
you are either not reading all if it or you dare deliberately lying ... I am going to go with the latter
No you are making logical jumps that make zero sense.
You buy gas from a gas station. This is a contract between 2 people. The owner of the gas can take whatever he wants for it. If he wants to take a dime from 1919 for a gallon of gas that is his business.
He may have to take U.S. dollars but that does not stop him from taking gold/silver.
You pretty much want to grow the government for an entitlement that would benefit you. You want the government to force people to accept gold/silver at a super inflated rate because you are invested in it.
-----signature-----
"Whenever the white man treats the Indian as they treat each other then we shall have no more wars. We shall be all alike — brothers of one father and mother, with one sky above us and one country around us and one government for all."
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Brother_Tempus
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
|
Date Posted:
1/1/00 12:00am
Subject:
So for every 10 cents in gas price increases, $9 billion less is spent on other goods.
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Akza posted:
Gas is 3.14/gallon here.
I think it's a pretty reasonable cost.
reasonable because?
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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
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