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DOLLAR VALUE DROPPING

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Uploaded by on Apr 11, 2008

http://digg.com/business_finance/DOLLAR_VALUE_DROPPING

This video is to elaborate on my last video about the dollar and its value. If you have not seen the original video, here is a link:

http://www.youtube.com/watch?v=z6NfXk7Bvc8

If you are looking for the historical gold charts you can find them here:

http://www.kitco.com/
http://www.kitco.com/charts/

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  • @N8Revolution ron paul is the antichrist, hes a HUGE hoax and set up to everyone, just like alex jones, david icke, and all those type of poeple.

  • RON PAUL 2012! Save the Dollar! Save America! Save the World!!!

  • RON PAUL 2012! Save the Dollar! Save America! Save the World!

  • update... $23,355.00 today......is there a "For Sale" sign out the front of Fort Knox yet ?

    would be a good place for paintball, all those empty rooms

    sorry to sad to be serious :(

  • You make the point very clearly that the dollar dose not follow the gold standard. So why use it to compare inflation. A better way of doing this would be compare how much things cost like a can of Coke a big Mac things that people actually bye. Gold has gone up in price because of a lake of confidence in central banks ability to pay there debt! Yes inflation is a problem the world over but gold is not a good comparison.

  • Great video you speak the truth! To think think gold now is almost at 1500$ an oz! I don't see any drop in gold and silver any time soon.

  • The relative worth of $20.00 from the year I was born, 1970 to 2009:

    $110.00 using the Consumer Price Index

    $90.20 using the GDP deflator

    $116.00 using the value of consumer bundle

    $114.00 using the unskilled wage

    $133.00 using the Production Worker Compensation

    $181.00 using the nominal GDP per capita

    $272.00 using the relative share of GDP

  • This is a very accurate summary of what are economy has come to today, and its absolutely mind blowing. please watch this video i enjoyed it

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