in 1971, Nixon took us off gold standard, the US dollar died because it was no longer money, it is now what we called" currency"
in 2001,the US dollar has lost 13.2% of its purchasing power since George W Bush took office... wt a bullshit...
in 2008, the first 78 million baby boomers begin to reire $74trillion owed to retires by US government it more than all the money available in all the world's stock market. ($10 trillion for social security, $64 trillion for medicare)
that why we seeing the gov try to delay the retired age all years around.... ~~~
now, it seens that
the saver become the loser
the debtor become the winner
