Monday, July 11, 2011

America as a giant Ponzi Scheme

Nominal vs. Real Dollars

July 11, 2011 by Bob Livingston
Nominal vs. Real Dollars

Americans' savings and retirement funds are being destroyed, and they are being systematically impoverished by depreciating or debased nominal dollars.

Nominal dollars are the everyday paper dollars that we think of and call money. These dollars change every day (depreciate). The value of these dollars goes down constantly as the money printers continue to debase our currency.

More:http://www.personalliberty.com/asset-and-wealth-protection/preserving-wealth/nominal-vs-real-dollars/?eiid=&rmid=2011_07_11_PLA_[P11435783]&rrid=387566735

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