Log In | Register
6 Comments
Printadvertisement
An Italian restaurant in Harlem that once counted Frank Sinatra and Tony Bennett as regulars has turned back the clock 75 years.
Patsy's Restaurant in East Harlem celebrated its 75th anniversary Tuesday with 1933 prices, including a 12-ounce New York cut steak and grilled salmon for 90 cents and a slice of pizza for 60 cents. Most beverages cost 10 cents.
© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
7 Votes- Enjoy this article? Help vote it up the 'Vine.
Published to:
- Associated Press's Column, All of Newsvine
- Groups: none
- Regions: United States
- Public Discussion (6)
- Public Discussion (0)
What's this?
Who's leading the conversation?
This visualization below allows you to see the impact that each user
has on the current conversation.
The top row contains the group of users who have had the most impact, the 2nd
row the group of users who have had the 2nd most impact (et cetera).
Users with similar impact are grouped together, and the average score of the group
is shown to the left of the group. The author of the article is also shown on the
left, in their corresponding group.
Each user's score is based on the number of comments the user has made plus the
number of votes their comments have received. The scores are calculated relative
one another, so while their absolute value is not particularly important, their
relative difference does indicate a larger difference in impact on the conversation.
3.8
{"commentId":2516043,"authorDomain":"netmasta10bt"}
If you kept your US silver Morgan dollars instead of switching to paper money with no metal backing you could still eat a steak for 90 cents.
A Morgan dollar is 1 oz of silver. 9/10's of an ounce at today's rate is $11.70 .
When the US Government got rid of metal backing on the dollar and allowed themselves to print as much as they wanted to create inflation is when prices get higher. Like everything is getting more 'expensive' now because they are printing more money to pay for the war. It is a hidden tax that a lot of people do not understand.
{"commentId":2516043,"threadId":"335635","contentId":"1765337","authorDomain":"netmasta10bt"}
- 2 votes
#1 - Wed Aug 20, 2008 11:46 AM EDT{"commentId":2519509,"authorDomain":"sheil"}
Wow, how you managed to turn this 3-sentence article into a political rant is beyond me... Congratulations.
{"commentId":2519509,"threadId":"335635","contentId":"1765337","authorDomain":"sheil"}
- 1 vote
{"commentId":2520443,"authorDomain":"tonyo2"}
What a theory. I guess what he's trying to say is that metal prices don't change either. Or is it that you can't produce more metal. Or no matter what happens the govt is behind it and its always bad.
{"commentId":2520443,"threadId":"335635","contentId":"1765337","authorDomain":"tonyo2"}
- 1 vote
{"commentId":2521290,"authorDomain":"netmasta10bt"}
Or is it that you can't produce more metal
Silver and Gold are called precious metals because they are rare. Even copper that used to be in the penny, while not as rare is worth more now because of the inflation. Look at all the houses and industrial yards having their copper wire and water pipes stolen...
Paper money on the other hand can be printed at will, which makes inflation so much easier.
{"commentId":2521290,"threadId":"335635","contentId":"1765337","authorDomain":"netmasta10bt"}
- 1 vote
{"commentId":2532246,"authorDomain":"tonyo2"}
Gold and Silver are really not that rare. Just hard to get to. It's usually really destructive to the environment physically and chemically. Strip mining and the use of mercury and arsenic come to mind. Most countries have lots of regulations on its production.
Our gov will not print money for the sake of needing more. This lesson has been learned and other country are in a learning process.
Even if money was still backed by Precious Metals the cost of consumables would still go up. You've heard of supply and demand? Look at food prices because of ethonal. Same thing happened with gasahol in the '70. Gas price-mostly due to speculation. Did you know that most of the rigs in Texas are so heavily regulated that most of them are not pumping?
Did you know that the Euro's value has no metal behind it as well? It's value is based on speculation.
{"commentId":2532246,"threadId":"335635","contentId":"1765337","authorDomain":"tonyo2"}
{"commentId":2536724,"authorDomain":"netmasta10bt"}
Gold and Silver are really not that rare. Just hard to get to.
A lot more rare than paper. If it is economically unfeasible to get to they obviously won't.
Our gov will not print money for the sake of needing more.
If you believe that I suggest you read up on it. Check out Murray Rothbard's "What Has Government Done to Our Money?"
You've heard of supply and demand?
Of course. The supply of dollars is up because the government has printed up a bunch and thats why it's value has gone way down in the global market. Down 34% to the Euro since the Iraq 'war' started.
Did you know that the Euro's value has no metal behind it as well?
Yes. There is no major currency backed by metals. Have you seen the price of gold lately? It's at $880oz . It was at $200/oz before the war and the need to print all the money to pay for it.
Are you starting to see it?
{"commentId":2536724,"threadId":"335635","contentId":"1765337","authorDomain":"netmasta10bt"}
- 1 vote
#2 - Thu Aug 21, 2008 9:39 PM EDT{"canLink":false,"threadId":"335635","isPrivate":false}
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
As a new user, you may notice a few temporary content restrictions. Click here for more info.
Start Tracking
Stop TrackingCOMPANY STUFF:
LEGAL STUFF:
- © 2005-2009 Newsvine, Inc. |
- Newsvine® is a registered trademark of Newsvine, Inc. |
- Newsvine is a property of
