Comments on: Give Me A Dollar and I’ll Give You 90 Cents Back

By: Sebastian Bermudes

Sebastian Bermudes — Fri, 27 Apr 2012 20:22:07 +0000

Almost everything we buy works this way. Every good you purchase is marked up in price from what the seller paid for it. The true value you receive is always less than what the seller receives. So trading money for goods or services you nearly always receive less value in exchange. It's just more apparent when we take away goods and services and just show exchanging money.

By: Flannel Sheets ·

Flannel Sheets · — Sun, 14 Nov 2010 20:59:19 +0000

i use both gold and silver bracelets because for me, they are both great bracelets to wear ‘;,

By: matheus

matheus — Sun, 29 Nov 2009 03:02:18 +0000

hey haw are give me maney

By: hot2009

hot2009 — Fri, 13 Nov 2009 10:00:17 +0000

Excellent point of views and real facts of today’s economy.
Very interesting example you have set.I really like your article.

By: iip albanjary

iip albanjary — Fri, 13 Nov 2009 09:02:32 +0000

it seems what the white-collar criminals do: money laundry, right?

By: Give Me A Dollar and I’ll Give You 90 Cents Back « Economics Info

Give Me A Dollar and I’ll Give You 90 Cents Back « Economics Info — Fri, 13 Nov 2009 08:00:52 +0000

[...] Source [...]

By: hendryfikri

hendryfikri — Fri, 13 Nov 2009 03:38:58 +0000

i like your perspective.

By: kotadata

kotadata — Fri, 13 Nov 2009 02:44:14 +0000

nice post, larry…

By: Top Posts « WordPress.com

Top Posts « WordPress.com — Fri, 13 Nov 2009 00:46:04 +0000

[...] Give Me A Dollar and I’ll Give You 90 Cents Back This is the purest business idea of all time – give me a dollar and I’ll give you 90 cents (or something [...] [...]

By: Ashley Moran

Ashley Moran — Thu, 12 Nov 2009 19:27:18 +0000

The amount of gold in circulation stays relatively constant – gold mining produces about as much as we lose from industrial usage. Due to fractional reserve banking, the number of dollars in circulation increases over time: dollars are created in huge sums every day by private banks. This means that the value of gold has actually been constant, in terms of buying power, while the value of the dollar (and all fractional reserve currencies) is decreasing.

A more interesting set of graphs would be generated by plotting the cost in gold and dollars of other items, eg fine men’s suits, petrol, houses, etc.