Tags
911, Australian banks, bank of England, banks, Bill Still, central bank, coins, Constitution, contract, contractual obligation, credit, criminals, debt, deflation, Dennis Kucinich, freedom, G. Edward Griffin, gold, gold standard, illuminati, inflation, interest, intrinsic, kevin rudd, liberty, mandate, math, math’s, mathematically perfected economy, money, plagiarist, promissory note, recession, Ron Paul, Rothschild, silver, solution, sovereignty, tax, the great depression, The Secret of Oz, truth, usury, war
#SHOW COMMENTS
I think this is important enough to publish a short post in relation to those who raise false assertions that gold consistently represents value over time using the purchase of a suit as an example , contrary to these unqualified assertions a suit cost nearly 6 ounces of gold back in 1864, where we could of purchased almost 10 suits for 1 ounce of gold at its all-time high in 2011.
As you will see below, calculating for the 2011 all-time high (as well) demonstrates an even more pronounced mis-representation of historic prices by 57-fold.
Click the image to enlarge
Original Source : mike montagne founder of PEOPLE For Mathematically Perfected Economy™, original (1968) architect of mathematically perfected economy™, and principal author of the global amendment for mathematically perfected economy and absolute consensual representation™(C) Copyright 2014 by mike montagne and PFMPE™.
To be further informed about the adverse dispositions of a gold standard see my other blog post ” Why a gold standard cant work “
Australia for Mathematically Perfected Economy™ 