12.29.2015

Inflation Calculator: See How Far the US Dollar Has Fallen

With all the harrumphing amongst presidential candidates in regards to raising the minimum wage and/or closing the supposedly sexist pay gap, I can't help but ponder: Rather than bureaucratically coercing businesses to pay more money to employees, what if the Federal Reserve worked at raising the value of the US dollar?

After all, the value of the US dollar has only fallen 2,297.3% since the federal government was given control to regulate inflation upon the creation of the Federal Reserve Act in 1913. Only 2,297.3%. That's all. 


To put it another way, according to the US Inflation Calculator, an item priced at $1.00 in 1913 would cost $23.97 in 2015, with 2,297.3% being the cumulative rate of inflation. 


Now, while the US Inflation Calculator website defines Inflation as 'continuously rising prices,' the site also defines Inflation as 'the continuous fall in the value of the dollar.' Hence, the value of the dollar has fallen 2,297.3% since 1913, the year the federal government took control of regulating inflation and currency.


Yes, that's right; the same federal government that voters expect to fix the problems they created. That federal government.  

Even in my own lifetime, since 1978, prices have risen 264%; thus, the US dollar has gone down in value 264%. Of course the dollar has made gains here and there over the years, but overall it has gone down; so far down I question if it will ever rise again.

Granted, the Federal Reserve 'working' to return the value of the US dollar is nothing more than a preposterous paradox of poppycock; that's because the Federal Reserve has  been 'working' all these years and the result is the current state of affairs with the dollar being devalued over two-thousand percent. 


Perhaps the Federal Reserve needs to stop working, stop controlling, stop regulating, and stop devaluing the US dollar. But, then again, maybe the US dollar isn't worth saving any longer and should finally be put out of its misery. What do you think?


How much has the Federal Government devalued the US dollar in your lifetime? Find out with the US Inflation Calculator. Use your birth year, $1.00 for the purchase price, and the current year.

By Eve Penman
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12.18.2015

Repurposing Punk: Reversible Bag Sewing Tutorial

My sewing machine has finally been serviced, so I broke it (and me) in by making a moderately challenging reversible bag using an old pair of Carhartt jeans, a cotton fat quarter, and a couple of t-shirt cutouts for a touch of personal flair.

The tutorial linked above is for a larger bag, but I experimented and sized it down into a handbag (see pic for cutting board measurements). I based the size of the bag on the fat quarter when cut in half; I then cut the denim jeans to the same size and drew a pattern on paper similar to the one in the tutorial.
Eat your heart out, Riff Randell.

I'm happy with how I utilized the final scraps of one of my 20-year-old Ramones concert t-shirts. I used a medium sized zig-zag stitch around the t-shirt cutouts and made a few laps to secure them.
The other t-shirt I used features pin-up art from Bawiddiman. I love his style and couldn't part with the t-shirt even though I don't wear it anymore, so it has been sitting in the project pile for a good while now.

Same goes for the Carhartt jeans; due to holes they were set aside this past year in hopes of becoming something else. Well, I am pleased to say they are something else, indeed. I cut both legs of the jeans a little above the knee area and there's still plenty of denim left for other creations. Click here for 35 Clever Projects for Old Denim Jeans.
Talk about cute, and the exact right size for what I envisioned. The cutouts could use more embellishments, either patches or embroidery, but since it's a reversible bag any stitching added now would make the reversibility pointless. However, buttons would make for awesome removable embellishments no matter which side of the bag is used; problem solved.

I can't wait to take it on my next outing.
If you have questions on how I made the handbag (the tutorial is a little vague in areas), please comment below or email me. Thanks!

If you want me to make something out of your old t-shirts and jeans, please email me. Thanks!

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