Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Coin, Banknote and Medal Collectors's Online Mall Shop for APMEX Bullion on eBay!300,000 items to help build your collection! Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Vancouvers #1 Coin and Paper Money Dealer Join Thousands of Coin, Bullion, & Money Collectors Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Bring Back The 2-Cent Coin

To participate in the forum you must log in or register.
Author Previous TopicReplies: 21 / Views: 4,156Next Topic
Page: of 2
Valued Member
dsmalouf's Avatar
United States
53 Posts
 Posted 09/12/2010  12:02 am  Show Profile   Bookmark this reply Add dsmalouf to your friends list Get a Link to this Reply
usc96, Peter Schiff discusses the CPI and how it's tweaked to disguise the true inflation in his book, Crashproof.

Like you said...all I know is my OJ is getting more expensive, so is my bread and many other things.
Valued Member
usc96's Avatar
United States
291 Posts
 Posted 09/12/2010  09:32 am  Show Profile   Bookmark this reply Add usc96 to your friends list Get a Link to this Reply
My movie tickets were $10 each last night. Medium bag of popcorn and med drink equaled $13. The is probably cheap to our manhattan members, but I live in a southern town, and this is an increase from last year. However, since the CPI says there is no inflation, that fiction means I can't increase my 401k contribution this year. There again, this is the first year I can remember where the amount of income that you have to pay social security tax on didn't go up, so at least there is one good thing to come from this fiction.
Bedrock of the Community
United States
10284 Posts
 Posted 09/12/2010  10:18 am  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply

Quote:
Remember when you could get 20 pieces of candy for a penny?


I remember when you could get 100 pc. of candy for a dollar but then, I didn't have a dollar but I did have somewhere between a nickel and ten cents when I went to the "penny candy store".

Some of the candy was
jawbreakers and Fireballs
swedish fish
licorice
flying saucers
big malted speckled eggs.
wax lips, wax mustaches, wax teeth
wax tubes of colored syrup drinks and they had em in soda bottle shapes too.
pretzel sticks
2 wild cherries on a string ( in February for Washington's Birthday )
They called em nigger babies right on the box ( honest to gawd, they were licorice sugar sprinkled black chewy babies )
Tootsie rolls and Tootsie Pops
They had a piece of paper that had dots stuck on them too that they rolled out and tore off and you would eat the dots of different colors right off the paper.
candy cigarettes and these were stuck together in 3's with pink coloring on the end.
You could get bubble gum cigarettes too and if you blew out the powdery stuff it looked like real smoke.

Today kids can't do the math to go to a store and get change in 2 and Three Cent coins, not only that the cash registers don't know how to do it either.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 09/13/2010  08:49 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
Another thing that has not been mentioned is that if we introduce a 2c coin, then we would be required to keep the 1c coin, because you can't get 3c change with 2c coins.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 09/14/2010  09:49 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
Peter Schiff discusses the CPI and how it's tweaked to disguise the true inflation in his book, Crashproof.

The CPI is definitely a fiction. For ages it has claimed around 3% a year. I run a carpet shop and we keep getting letters from our suppliers telling us that due to rising cost for raw materials our prices are going up 8 - 10%. And we get this letter EVERY THREE TO FOUR MONTHS. We are experiencing 30% inflation per year and have been for at least the past four years. Our costs have tripled in four years. Material I used to sell at $12 a yard retail now costs me $18 a yard wholesale. The CPI is a joke.
Pillar of the Community
nod2003's Avatar
United States
3294 Posts
 Posted 09/14/2010  11:18 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
I just read that cotton has gone up a lot in the last year or two, are carpets made from cotton or is it synthetic fibers?
  Previous TopicReplies: 21 / Views: 4,156Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.27 seconds to rattle this change. Forums