America's Impending Master Class Dictatorship
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CaptainSeeSharp wrote:
I bet
Yes, you do have a tendnecy to 'bet', that is, make totally ignorant statements based on a lack of research and that fly in the face of what has been found/is known by the endeavours of all other humans on the planet.
CaptainSeeSharp wrote:
When Gold and Silver was money, a glass bottle of CocaCola that was made with real cane sugar, cost 5 cents... FIVE CENTS!
And what was the average annual wage back then ? How many people lived and died in poverty ? I'd be astounded if the price of a Coke today is not less than then, relative to the average wage.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Actually I had done a bit of research, out of curiosity, about just that. I found an inflation calculator at http://www.bls.gov/data/inflation_calculator.htm[^] and for $100,000.00 in 2010 it was equivalent to $4,568.80 back in 1913. For that 5 cent coke it is equivalent to $1.09 today. Usually I can count on a 20oz not a 12oz coke for about a $1.00. So it is about the same price as today.
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FYI[^] - the amount of gold mined every year could fill my living room. Which I guess is your house three times over, it's still not a lot. Gold is worth a lot of money. The reason they find so little is that there's no big deposits left. To get gold today, they destroy a mountain, pulverise it, and look for flecks of gold. It's incredibly destructive to the environment, and a lot of work for little reward. That's one reason gold is worth so much.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Gold would and has been only used for large denominations. Silver would be the common coinage unless you were buying a car our a house with cold hard cash.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
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Actually I had done a bit of research, out of curiosity, about just that. I found an inflation calculator at http://www.bls.gov/data/inflation_calculator.htm[^] and for $100,000.00 in 2010 it was equivalent to $4,568.80 back in 1913. For that 5 cent coke it is equivalent to $1.09 today. Usually I can count on a 20oz not a 12oz coke for about a $1.00. So it is about the same price as today.
OK - fair enough. That surprises me, but then Coke is obviously a product with a highly inflated price, back then they were not having to make the money to make ads with pop stars in them, etc. I would still suspect that what they make per ounce has gone down, as it has for most producers of food.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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OK - fair enough. That surprises me, but then Coke is obviously a product with a highly inflated price, back then they were not having to make the money to make ads with pop stars in them, etc. I would still suspect that what they make per ounce has gone down, as it has for most producers of food.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
They used real cane sugar and it was in a glass bottle. It was a higher quality product back then.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
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Actually I had done a bit of research, out of curiosity, about just that. I found an inflation calculator at http://www.bls.gov/data/inflation_calculator.htm[^] and for $100,000.00 in 2010 it was equivalent to $4,568.80 back in 1913. For that 5 cent coke it is equivalent to $1.09 today. Usually I can count on a 20oz not a 12oz coke for about a $1.00. So it is about the same price as today.
wolfbinary wrote:
For that 5 cent coke it is equivalent to $1.09 today.
And that is roughly the value of an old silver nickle. The value of an old silver dime is double that. http://coinflation.com/[^]
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
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Gold would and has been only used for large denominations. Silver would be the common coinage unless you were buying a car our a house with cold hard cash.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
You miss all the core points 1 - there's not enough gold to do that, no matter how you slice it 2 - there's no more to be found in any quantity 3 - what we do find, is highly destructive to the planet It's not remotely feasible, nor do the arguments for it make much sense. The only thing that inflation really hurts, is the value of money over time. However, putting money in to sound investments causes it to grow ahead of inflation, so that is not an issue.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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OK - fair enough. That surprises me, but then Coke is obviously a product with a highly inflated price, back then they were not having to make the money to make ads with pop stars in them, etc. I would still suspect that what they make per ounce has gone down, as it has for most producers of food.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
Christian Graus wrote:
what they make per ounce has gone down
Oh, yes it most certainly has. All the costs today, once upon a time, I had found to be about .25 a can. The syrup for fountain drinks is really cheap and all you need is a carbinator at that point.
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They used real cane sugar and it was in a glass bottle. It was a higher quality product back then.
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
We still have Coke in glass bottles with real cane sugar. It's hilarious to me that sugar is a sign of quality in the US. That's because of your corn lobby and your corrupt political system.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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wolfbinary wrote:
For that 5 cent coke it is equivalent to $1.09 today.
And that is roughly the value of an old silver nickle. The value of an old silver dime is double that. http://coinflation.com/[^]
Watch the Fall of the Republic (High Quality 2:24:19)[^] Sons Of Liberty - Free Album (They sound very much like Metallica, great lyrics too)[^] "/I habe an educatiomn a title and a meddal" - Dalek Dave, March 4, 2010 "...I am not that good" - Dalek Dave, March 4, 2010
CaptainSeeSharp wrote:
And that is roughly the value of an old silver nickle.
And a nickel is 5 cents, so in other words, the price has not moved at all, relative to the price of silver ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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CaptainSeeSharp wrote:
And that is roughly the value of an old silver nickle.
And a nickel is 5 cents, so in other words, the price has not moved at all, relative to the price of silver ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
I'm surprised you didn't call him out on the stupidly inane comment "value of a nickle and a dime is worth twice that." Come on CG, he threw the definition of a dime out there as if somehow being made of silver made it amazing that it was twice the value of a nickle.