ROUSTABOUT
Elite Member
- Joined
- Jan 30, 2008
- Messages
- 3,140
- Location
- Luther Willis Hill, AR
- Tractor
- Pettibone, Ford, Massey Ferguson, International, JD, David Bradley, home mades
Yes but the fed reserve is humming along printing the way out of debt. Income tax since then. Your grands turned in 20 dollar gold pieces for 20:dollar bills. Now it takes 70-80 20 dollar bills to buy that same 20 dollar gold piece back. All your silver money ain't silver, your copper money ain't copper, your gold is cotton paper, so where is the value?My wife and I paid 3 points to get our first mortgage down to 12.5% in 1985. I also remember gas rationing. My father and mother both grew up during the depression. I took their lessons to heart. We are nowhere near as bad off as they had it. Not even close.