Nifty gun! And hundreds of dollars cheaper than the Springfield EMP!
Because your cash will be worth 18% less in 10 years, and gold will be worth at least 18% more.
Nothing else can guarantee that rate of return.
For years, it was an unwritten rule. As of yesterday, it’s official policy: The dollars in your wallet are destined to lose at least 18% of their purchasing power during the next 10 years.
Lost in the noise of countless Federal Reserve announcements yesterday was a formal target of 2% annual inflation.
Actually, it’s worse than 18% over 10 years. For the Fed’s favored measure of inflation is not the heavily gamed consumer price index — CPI — or the even-more-gamed “core” CPI that assumes your cost of living isn’t really affected by food and energy.
After all, CPI is currently running 3.0% year over year. Whoops, too high. Core CPI is 2.2%. Still too high.
The Fed prefers something called “core personal consumption expenditures.”
That number is currently running 1.7%.
Voila! Applying the logic only central bankers are capable of divining, there’s not enough inflation!
If you happen to go off the road and get stuck in a ditch, how long could you live in your car before you get out and walk up the street for help?
CASSIA COUNTY — The Cassia County undersheriff says it’s one of the more bizarre cases they’ve ever investigated. A Texas woman lost her way and ended up stuck in a dairy drainage pond for about five days.
[...]
Keesler ate Peanut Butter M&M’s and drank bottled water for an estimated five days.
via Texas woman stranded for five days in Idaho wastewater pond | KTVB.COM Boise.
And what do you know, his lips were moving!
State of the Union 2012 – YouTube.
First: a pack of bald-faced lies about corporate taxes: Fact Checking the SOTU: Corporate Taxes | Cato @ Liberty.
On saving the auto industry unions: The President’s Heroics and Other Tall Tales about the Auto Industry | Cato @ Liberty.
And on his stupid assertion that the Senate should vote on nominations within 90 days, just weeks after he bypassed the Senate entirely with his pseudo-”recess” appointment of some schmuck to an unconstitutional office: Was Obama Even Paying Attention during His Time in the Senate? | Cato @ Liberty.
It makes me all kinds of happy to see that a mere 3 days into his Kickstarter, Rich Burlew is already $80,847 over his starter goal, with 2,898 backers.
Well, let’s just make that 2,899 backers right now, OK?
via The Order of the Stick Reprint Drive by Rich Burlew — Kickstarter.
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