ls99
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 2, 2008
- Messages
- 6,513
I watched an exchange between Ron Paul and Bernanke.
The question by Paul was: what is the definition of the Dollar.
Bernanke's waffling response was, whatever it buys, i.e. Food, Fuel, or other goods.
I am now more confused.
As far as I know the CPI excludes food, fuel heating or motive, rent etc. another words, the things that must be paid for by the public as essentials.
So the question to the financial vizardas: what is the definition of the Dollar. How is it established? Or is it simply vaporware.
The question by Paul was: what is the definition of the Dollar.
Bernanke's waffling response was, whatever it buys, i.e. Food, Fuel, or other goods.
I am now more confused.
As far as I know the CPI excludes food, fuel heating or motive, rent etc. another words, the things that must be paid for by the public as essentials.
So the question to the financial vizardas: what is the definition of the Dollar. How is it established? Or is it simply vaporware.