Note that it took 30 years for the price to double (1950->1980), and now it's doubled again in just the last five years (2007->2012).
It's mostly because of the global food shortage, but I suppose facts that don't fit what we want to believe should be swept under the carpet as usual? 
Topic: The Tomato Soup Index - Inflation Sucks - page 3. (Read 9587 times)
Forget about the deflationary trait of Bitcoin. Howabout a fair day's pay for a day's hard work? No more free money for the elite banker class and their cronies on Wall Street and the Military Industrial Complex.
I can remember a time when you could fill up an entire standard-sized grocery cart with real food for $100.
You can still fill up a shopping cart for $100, but now you're getting processed food-like substitute instead.
You can still fill up a shopping cart for $100, but now you're getting processed food-like substitute instead.
Fed up with the inflationary treadmill. Fed up with having to speculate and risk capital just to protect purchasing power. Fed up with an unaccountable politburo distorting the economy.
Some here think that semi-deflationary money will create all sorts of economic problems. Perhaps. But even if it does, I don't think it can possibly be any worse than what we have right now in terms of unfairness and misallocation of resources. The choice isn't between Bitcoin and some hypothetical perfectly balanced currency regime, but between Bitcoin and the garbage currently imposed on us. Bitcoin might not be perfect, but it's the best hope we have to try something different and escape this evil economic nightmare.
I'm anxious and ready to live in a 100% Bitcoin economy.
Some here think that semi-deflationary money will create all sorts of economic problems. Perhaps. But even if it does, I don't think it can possibly be any worse than what we have right now in terms of unfairness and misallocation of resources. The choice isn't between Bitcoin and some hypothetical perfectly balanced currency regime, but between Bitcoin and the garbage currently imposed on us. Bitcoin might not be perfect, but it's the best hope we have to try something different and escape this evil economic nightmare.
I'm anxious and ready to live in a 100% Bitcoin economy.
IMF
IMF, ECB, bank union, QE3.. all the same BS. 
IMF
+1
Deflation feels soooo good
So true.Deflation feels soooo good
HONESTLY before BTC I was fucking depressed: I knew on a subconscious and later conscious level that my savings were being eaten up. Like running to stay in the same place.
Now I can look at my clown politicians and ECB fucking up and just not give a shit.
So refreshing.
Quickly, the government needs to start subsidizing mining rigs, or bitcoins won't feel the loving, smothering embrace of inflationary policy
sr. member
Activity: 350
Merit: 250
Trust me, these default swaps will limit the risks
Holy shit! No wonder I'm always broke!
Disregard dollars, acquire tomato soup! 
Good index. I use the coin index. This was worth fifty cents when I was kid:
It's now worth about $12.50. That's the debasement of the currency in a nutshell.
It's now worth about $12.50. That's the debasement of the currency in a nutshell.
+1
Deflation feels soooo good
Deflation feels soooo good
This is why we need a currency that cannot be printed at whim...
Note that it took 30 years for the price to double (1950->1980), and now it's doubled again in just the last five years (2007->2012).
Note that it took 30 years for the price to double (1950->1980), and now it's doubled again in just the last five years (2007->2012).
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