gregor dot com gregor welcome back to the kaiser report good to see you max it's great to be our writing on your blog you write paper versus real exit from normal ecological economics and probably ballistic regimes in one chart well you've got all that in one chart the chart is the thirty year treasury bond versus the c.r.p. the commodity research bureau index tell us about it tells us a couple of things first let's just note that since two thousand and two the u.s. dollar has expressed uther in dollar terms we're just in terms of u.s. treasury bonds has lost about sixty five percent of its purchasing power against a broad basket of commodities and i just find that with this latest ramp up over the last two years in worldwide commodity prices in the global financial community there's a real reluctance to own up to the fact to face up to the fact that paper currency is losing its purchasing power against natural resources so i do think as it's starting off point it's worth just pointing out empirically that the u.s. long bond is lost sixty five percent of its purchasing power against our

it is an extended family -- yemenis, and they operate these convenience stores gregor often, they have family members pitching in. >> thank you. >> i actually have a question. you said this is a tourist- heavy population. are there other stores in the vicinity? is the primary clientele tourists? is that the reason it was inserted in the breeze. >> to point out is a rather impressive record to not be cited before, because the id you typically get -- this is posted in liquor stores. people turn up with a dutch license, a passport from bolivia. it is sometimes difficult to look at a month and the date -- it is not to make was a thing about it. it is tuesday and -- it is just to say -- that is a good point you make. >> i was understanding it differently in terms of its significance. what percentage of the sales come from cigarettes, tobacco? >> 25% to 50%. it is not necessarily universal, but at that location. >> thank you 3 good -- thank you. i am asking you a question. if you were to take a $2,500 and decide that is an average month , and you extend that figure, we are talking about a $2