View Single Post
  #7  
Old 09-20-2007, 11:43 AM
lehighguy lehighguy is offline
Senior Member
 
Join Date: Nov 2004
Posts: 4,290
Default Re: Explain to an idiot the benefits of going back to the Gold standard

http://www.federalreserve.gov/releases/h6/

M2

2007 Aug. p 7333.8
2006 Aug. p 6874.4
2005 Aug. p 6573.9
2004 Aug. p 6317.1
2003 Aug. p 6104.6
2002 Aug. p 5656
2001 Aug. p 5262
2000 Aug. p 4834.4
1999 Aug. p 4557.5
1998 Aug. p 4243

2007-1998 72.84%
Annualized 6.27%

M3

2006 Jan 10238.6
2005 Jan 9487.2
2004 Jan 8942.5
2003 Jan 8589.2
2002 Jan 8032.7
2001 Jan 7196.1
2000 Jan 6573
1999 Jan 6026.2
1998 Jan 5450.7

2006-1998 87.84%
Annualized 8.20% (your money loses this much value a year)

I would continue with M3, but they refuse to publish that now.

Looking at the individual years can be fun (in a sadistic way), including the whopping 9.8% M3 annualized from 1998-2000.
Reply With Quote