The Traderszone Network

Published in TZ Latest News 5 August, 2017 by The TZ Newswire Staff

inflation for common items

“For those who had to purchase their food, one record notes the following retail prices in 1818 in Washington, D.C.: beef cost 6 to 8 cents a pound, potatoes cost 56 cents a bushel, milk was 32 cents a gallon, tea 75 cents to $2.25 a pound. Shoes ran $2.50 a pair. Clothing expenses for a family of six cost $148 a year, though the record does not indicate the quality of the clothes.”

the Fed and Central Banks are the largest creators of inflation ever invented.