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Just witnessed the sorry state of money!!

Discussion in 'PM's - Coins - Numis - Base Metals' started by gliddenralston, Feb 19, 2016.



  1. gliddenralston

    gliddenralston Gold Member Gold Chaser

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    While mall walking with my wife, we see four boys come walking in, three of them already have their phones in their hands while the fourth is fumbling around trying to get his out of his pocket. As he pulls it out we hear change hitting the floor, the boys stop & look down, the one that dropped the change shrugs his shoulders and they walk off . We turn around and walk to where the boys were and there's 2 quarters and a dime laying on the floor, being old school I bend down and pick them up. Can you believe it, money is so worthless the kids won't even pick up quarters. When I grew up in the 60's I could buy 12 ice cream cones with 60 cents, of course quarters n dimes were silver then, but I didn't know that. Question, are quarters now the new penny?
     
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  2. Uglytruth

    Uglytruth Gold Member Gold Chaser

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    I pick it up all the time outside gas stations. Funny but if you see more than one there is usually a hand full.
     
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  3. Mujahideen

    Mujahideen Black Member Midas Member

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    If I drop a penny or two it is my personal policy not to bother to pick it up.
     
  4. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    I scoop up and dig up around $250 in change a season metal detecting.
    My change alone paid for a couple Ducats last year. But hell I'm insane.
     
  5. the_shootist

    the_shootist I self identify as a black '69 Camaro Midas Member Site Supporter ++

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    The perception of value money represents is directly proportionate to the level of difficulty there is acquiring it. If you're on the government dole or Mommy and Daddy gives you money when you 'need' it then a few coins doesn't really matter to ya!
     
  6. REO 54

    REO 54 Midas Member Midas Member

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    Yes,yes you are but it's a good kind of insane. A type of which I subscribe to as well.

    While cleaning out the grit and sand I accumulate I my pumper truck, I come across all kinds of " things" that are pumped out of septic tanks.

    Among the things is coins and rings. Hell yea I cash them in! Turm them into real $.
     
  7. the_shootist

    the_shootist I self identify as a black '69 Camaro Midas Member Site Supporter ++

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    You waded through enough shit so you earned it :)
     
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  8. GOLD DUCK

    GOLD DUCK Mother Lode Found Mother Lode

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    QWAK,probably one of the best places to hide GOLD would be a septic tank :2 thumbs up: you got to be almost positive it is there to be found or you aint gona look there!:monkey piss::shit happens::belly laugh:

    Just had a thought --- do you think the IRS?/TPTB have a "special ops unit" in full rubber suits to look for hidden GOLD in septic tanks? :dduck::don't    know2:

    the DUCK:winks2:
     
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  9. Usury

    Usury Gold Chaser Platinum Bling

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    But a whole pocketful, including quarters!!!???
     
  10. Mujahideen

    Mujahideen Black Member Midas Member

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    its tax refund time lol.
     
  11. REO 54

    REO 54 Midas Member Midas Member

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    Shhhh Duck! OpSec dammit!
     
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  12. GOLD DUCK

    GOLD DUCK Mother Lode Found Mother Lode

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    QWAK,REO 54,Men in black (rubber suits) :rotf: the big FLUSH!:dduck:



    the DUCK :winks2:
     
    Last edited: Feb 19, 2016
  13. JayDubya

    JayDubya Gold Chaser Platinum Bling

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    "Possession diminishes perception of value immediately." JOHN UPDIKE

    Especially if you don't have to work for it.
     
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  14. the_shootist

    the_shootist I self identify as a black '69 Camaro Midas Member Site Supporter ++

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    Quite correct my friend!
     
  15. gringott

    gringott Killed then Resurrected Midas Member Site Supporter

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    I pick it all up. Good exercise and financial responsibility.
    Never in front of a steamroller, however.
     
  16. HistoryStudent

    HistoryStudent Midas Member Midas Member

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    Last week in Oceanside on the bicycle with the DW spouse I found $17.00 in cash - $10, $5, and two $1's. In about 150 feet in an alley a block from the ocean. This is in a very homeless area too. A block away they were giving a free pancake breakfast for them.

    Read Wisconsin Street by the railroad tracks. It's safer up there - I had taken the alley instead of the bike path for shade.
     
  17. Eyebone

    Eyebone Midas Member Midas Member

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    Beneath your 'dignity'?

    I just wanted to use beneath in a sentence.

    Really?

    I'll pick up any free money.

    Even if I have to get dirty.
     
  18. GOLD DUCK

    GOLD DUCK Mother Lode Found Mother Lode

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    QWAK,GOLD is MONEY I only droped an AGE once and it dented the edge of the coin. :( :thumbs down:

    the DUCK :winks2:
     
  19. Silver

    Silver Gold Member Gold Chaser

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    It all goes in the change bucket...
     
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  20. Mujahideen

    Mujahideen Black Member Midas Member

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    It has nothing to do with my honor or respect; its just that I feel that one or two cents is such an insignificant amount of money that I feel it isn't worth the physical excursion. I wish our money wasn't so worthless that a single penny was insignificant, but it is.

    Maybe I would feel differently if I were struggling more, but I look at it like a bread crumb.
     
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  21. MrLucky

    MrLucky Silver Member Silver Miner

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    My wife and I will stop to pick up a penny if we see one. We have a laugh then that it'll be a boost to our retirement income.

    My parents lived through the Depression and my wife's parents were in Germany for WW2.

    We can be no different.
     
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  22. Usc96

    Usc96 Gold Member Gold Chaser

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    I really wish some political group would be bold enough to push through legislation that would move the decimal point over two places so $0.01 would = $1.00. As it stands now, our coinage is losing its place and need in our monetary system.
     
  23. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    We need to eliminate $1, $5 and $10 bills and replace them with coins. $20 coins too but keep the bills.
    Nice big cupronickel coins that are heavy and last for years in the water and set off a metal detector like a door chime. Eliminate the penny too. Don't need pennies anymore. :2 thumbs up:
     
  24. D-FENZ

    D-FENZ Gold Member Gold Chaser Site Supporter ++

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    I stop to pick up anything shiny, even actively look for it when out and about. I figure picking up these things, especially coins, is the only way to actually get paid for exercises- however menial.

    That is everywhere except on the sidewalk in front of a local bar in the pedestrian mall with lots of foot traffic. Seems someone has epoxied a handful of change to the concrete just outside the window in front of the bar/ seating area.

    It's a great spot to have a beer and watch the uninitiated scramble. Good stuff...
     
  25. Mujahideen

    Mujahideen Black Member Midas Member

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    $0.01 in 1930 had the same buying power as $0.14 in 2016.

    http://www.dollartimes.com/calculators/inflation.htm
     
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  26. FunnyMoney

    FunnyMoney Silver Member Silver Miner

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    It's is actually much worse than those stats make it seem. Also, it is better to use the 1913 numbers as that's when the Fed took over complete control of the money. You can find some very interesting information here: http://www.911omissionreport.com/prices.html

    Federal income tax has increased by 54,000 % since 1913 which is way more than the true inflation since then.

    The inflationary impacts in prices has also hidden away from view the increases in productivity (having absorbed those making true inflation even worse that it appears). What that means is not only has a dinner out gone from one dollar to $15 it has so when the actual cost should have declined by about 30% due to increases in efficiency and other cost reducing variables. What that means is that if it hadn't been for the thefts coming from our central banks the dollar dinner in 1913 would not have simply remained a dollar today, but would have actually declined to about 65 cents!

    All this comes out of one's disposable income numbers. From one worker households in 1913 to now 2 adult workers on average working often multiple jobs and we have still seen a total collapse in disposable income for the average worker. In any other times this would have caused a revolution. But the standard of living and productivity gains over the last 50 years and the wars prior to that have given the public enough "hope and change" to keep them complacent or at least sufficiently distracted during these massive theft periods. Stealing from the rest of the world and generous social payments will now be needed to keep the complacency going.
     
    Last edited: Mar 1, 2016
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