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Re: ap17 post# 19709

Thursday, 01/20/2022 3:04:33 PM

Thursday, January 20, 2022 3:04:33 PM

Post# of 57639
All parameters are important and play its role on evaluation and price per coin/token/share etc etc. Dollar bill, have and will be the same dollar bill. But it's buying power value changes due to ever increasing supply. Example: if you had to pay for a service or product yesterday a one Dollar, today, due to tremendously increasing supply of dollars, you must pay for the same service or product five times as much. Do you get it? One dollar won't cut it anymore you got to pay five dollars. And before you know it loaf of bread will cost $150 and it will cost about $750 to fill up a fuel tank of your Toyota corolla at a gas station. Something to that effect. And income and wages not always proportional which creates havoc and disproportional disballance in economic society forcing people to lose their homes, companies forced to bankruptcy etc etc. Just recently in Europe in Great Britain companies and factories was forced into bankruptcy due to high national gas prices. Are you following? Before Dollar bills was tied and backed up by Gold, now - it's becoming worthless piece of paper that cost a lot more to print it than it's value as a currency! It is so simple to understand but for some reason people just not getting it. Go and figure!
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