Coinage Hasn't Kept Up With Inflation

Thank you SM.

They have different contract or plan for health insurance SM...like ,A,b,c plan when you got sick you are covered but it depends on what plans and to what amount of expenses they will cover, they will not cover serious illness that will cost them several thosands or hundred thousand for just a small amount of money they will get from their clients and spend the bulk of it to several clients that have serious illness and will consume their whole collection,I think.

That the cost of ones health is more costly than others may have thought,just for me.for in the third world they doing it as a businesss,show me the money first and I will admit you for their are countries like the Philippine change the law that it is a crime to deny a patient of services when they dont have deposit for their are hospital practicing this in the past and now was changed, its it that the pharmacetical and the medical services is costly or maybe commercialized for many if not most hospital and health insurance are now being privatise coz. others says its most effective but for me,much more costly and not a public service anymore but for PROFIT.
this days just only varies in degrees of cost only depends on which part ot the world you are base and how good is your goverment,how inflation affect those costly medicine that some are band in other countries that other are selling their houses just to have that medication ,is all those expensive medication and hospitalization are covered by the insurer or only upto what plan that they have taken,does most of the population take the highest plan or only those that the majority can afford or no plans at all.

It is also true that a recent survey or studies that young men are afraid to go for check up medication that they may discover an illness that may turn up long term for serious illness are common even few decades ago.

For me health care and services is expensive for their are reports about companies and hospital exchanging notes about people applying for insurance for they the company avoiding huge expenses for their worker that may cost bulk of money from the company.

And its also heard some report about wrong doing of health insurance from onced own by the goverment change to private and change to goverment again or in that cycle and the insurance that most of the people today may not be that great help in the future for the expense in hospital and medication is very expensive even they are covered by their plan maybe only upto a point or what plan they choose,just for me.

I just simply dont agree that inflation does not affect the health care,maybe we only go seldom to be hospitalised that insurance ease the burden only to a point and degree of illness.

"I would suggest we really don't need coins less than 10¢ now, the dime having the purchasing power of a 1960's cent."


I agree, except it's necessary to have a nickel to bridge the gap between the quarter and the dime. ie- How would you get 15c change otherwise. The quarter could be eliminated but that would be extremely expensive to waste all the effort that went into making them. And the dime is an unwieldy coin for older people because of its small size.

Hence the best solution is eliminate the cent, switch the nickel to aluminum, and circulate a $1 coin. When people get used to it then introduce a two and five dollar coin as well.

Of course the $1 bill has to go.

AHH yes the good old days. I remember them well. Ice box, no regfrigerator, no TV, poor radio reception, no internet, no coin books, no jobs, no money, no Cd's, no DVD's, no Ipods, no computers. Of course a candy bar was .02 by me. And living near the Baby Ruth factory ment lots of samples at the factory door. Never paid to get into Wrigley Field. All kids just walked in on the Waveland side. And they had the Bears, Cubs, Wrestling, Rodios all there and we used to sneak in. If we got thown out our buddy lived across the street and we went up to the roof. Now people pay to do that. Pop machines were horizontal and cost a dime for a bottle of Coke or Pepsi. No cans back then. Grown ups paid .10 for coffee around here and cigaretts were .20 a pack. Comic books were .10 and there sure was a lot of them. You could go to a amusement park called Riverview on .02 night. Hang around there all night long for nothing. Each ride cost money so you just hung around.
Of course people all died a lot earlier than now. Most of the people reading this would have died from some somple thing. One friend of mine died of a thing called a Hernia. Today that is like a tooth being pulled. Lots and lots of people died of UNKNOWN causes. Today we call that CANCER. One friend of mine died from an invected wisdom tooth where the invection went into his brain. People died of every thing that is common place today. Not to long ago I had stage 4 Cancer. Back then I would have been long dead. By the time I got to high school about 1/3rd of everyone I went to grade school with was dead. A few in jail. By the time I finished High School almost everyone I grew up with was either in jail or dead.
AHHH yes, those were the good old days.

Then there was the time when the schools let out, and all the kids marched in the big parade, celebrating the National Recovery Act, (also known as the day America died) 1932. That was when we were taken off the gold standard, and the govt recalled all the gold certificates. The only thing that still was worth the paper it was written on was the silver certificates. They too, went "down the drain", many years later. Out old 1929 chev. was traded in for a 1936 ford, brand, spanking , new, for $950.00! Talk about the "Good old days". You just don't know how good you have had it! Turnips, and rutabegas. Selling subscriptions to the "Ladys Home Journal, and Womans Home Companion", Cloverine salve. Having my preschool friends over on Sunday, so Mom could read the "funnies" to us. Flash Gordon, Buck Rogers, in the 25th Century, the Katzenjammer kids. Then came the Depression! We were lucky. We didn't have a "pot to piss in, or a window to throw it out of", but Dad was making $5.00 a day, so we didn't starve. to some m aybe those were the "good old days", but for my money, the good old days are past, and no loss to the govt!. I'm living it up more, now than at any time in my life. I was looking forward to getting SS checks,and not having to put up with un-grateful kids, unforgiving bosses, and un-godly working hours, (8-4)! Give me graveyard, or enve swing, but day-shift, no way! Do I regret having gone thru all those years, "a dollar short, and a day late? Nope. I don't worry about them. I am enjoying the "today", too much to waste time thinking about "how it was", back in the "good old days"! NOW, I collect coins, enjoy having the wife ask me what I want for dinner, and just be happy for all that life has given me. It may be more than I deserve, but, I won't complain. I never had it so good!
Dick

I like the 70s whe I was a kid,where folks from the province move to manila and nearby municipality then, now most of them if not all are cities that you can leave your door wide open for most of the people also migrated to the city to have something better where neighbor checking for one another at first no electricity can walk in wee hour in the morning a simple life in passing of time goes harder.

Now their is a lot of security high fence bob wired, iron bars on windows and dogs that onced you enter the premises you are your own to comfront the dog, some even security guards and be cautios walking the street even in early evening and now in third world you must be alert even when you are sleeping.

Yeah old days maybe liquior what does the few are taking now,for me today is very perilous time that thing in third world may goes to other countries maybe cities will be always cities.

I wonder what will happen to the philippines if that rate will applythe effects of US dollar to our economy.

We have the Sackies, the SBAs and now the Chief thief dollars to buy a piece of bazooka bubble gum with that used to cost a cent.

It's true that it's easier and faster to buy good coins with the Internet. It's also easier and faster to get burn-out. There's a lot more efficiency today in everything. But so what? "Efficiency" is just the fast lane to entropy.

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Out old 1929 chev. was traded in for a 1936 ford, brand, spanking , new, for $950.00! Talk about the "Good old days".

but Dad was making $5.00 a day

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So as a percentage of income a comparible car today, to be at the same level of "The Good Old Days", should cost about $23,000.

And if your father was making $5 a day in 1936, that would probably have put him in the top 20% of wage earners, so your family was probably better off on many others.