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What's with the US dollar?!

  • #321
  • Apr 13, 2011 5:44am Apr 13, 2011 5:44am
Quoting Noloqy
I think we all agree that one of the core problems of the US is inflation. Triggered by this article (http://www.cnbc.com/id/42551209), I would like to hear your opinion on the fact that prices are being adjusted for quality, resulting in understated reported inflation rates.

Does a product that improves over time become a more valuable product? Even if the old product cannot be purchased anymore? To me it seems natural that the standard of life increases, and that good products substitute bad products. When I go to the electronics...
Electronics were dropping in price during the 70's stagflation, so I think they are a bad example. Food, housing, fuel are more realistic things to look at when talking about inflation since you need those to survive. Electronics always seem to drop in price no matter what is going on.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #322
  • Apr 13, 2011 8:29am Apr 13, 2011 8:29am
Not everyone had a color tv (ohh ahh) and especially not a new one every five years or so back in the 70's.

One per household was typical, not one in every room.

Never mind all the other modern gadgets "needed" to live these days.
  • #323
  • Apr 13, 2011 9:30am Apr 13, 2011 9:30am
http://www.rollingstone.com/politics...ilout-20110411

scandalous read there
  • #324
  • Apr 13, 2011 1:13pm Apr 13, 2011 1:13pm
Quoting Euroscum
http://www.rollingstone.com/politics...ilout-20110411

scandalous read there
Yep, Matt Taibbi.
The guy needs his own daily show.
I would love it. I like all the anti wall street articles he wrote...
this pig cannot be slaughtered for ever... or can it?
  • #325
  • Apr 13, 2011 1:14pm Apr 13, 2011 1:14pm
Inserted Video
this pig cannot be slaughtered for ever... or can it?
  • #326
  • Apr 13, 2011 1:22pm Apr 13, 2011 1:22pm
Quoting SunTrader
Did you read the title of this thread?
Nou ja dis geen wonder dat jul Amerikaners so gehaat word regoor die hele wereld nie.

Jy is 'n uitstekende voorbeeld van 'n meneer wie se arrogansie geen perke het nie.

Ek is doodseker as jy gaan sit, gaan die son ook onder!

Ek hoop iemand vertaal dit vir jou sodat jy iets van jouself kan leer meneer.
  • #327
  • Apr 13, 2011 11:57pm Apr 13, 2011 11:57pm
Nice video which shows absolutely the hipocrisy of the people who defend that rich shouldnt pay taxes.

Inserted Video
this pig cannot be slaughtered for ever... or can it?
  • #328
  • Apr 14, 2011 12:43am Apr 14, 2011 12:43am
Quoting georgem
Nice video which shows absolutely the hipocrisy of the people who defend that rich shouldnt pay taxes.

http://www.youtube.com/watch?v=OhpzO...&feature=feedu
Nobody should pay federal income tax. It goes directly to the private banks and only purpose is to removed dollars out of the money supply. It doesn't fund one government program. The government pretty much gets its money from the printing presses of the FED.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #329
  • Apr 14, 2011 2:12am Apr 14, 2011 2:12am
Quoting LasVahGoose
Nobody should pay federal income tax. It goes directly to the private banks and only purpose is to removed dollars out of the money supply. It doesn't fund one government program. The government pretty much gets its money from the printing presses of the FED.
People should pay taxes, the adminstrations should not abuse the publics trust.
  • #330
  • Apr 14, 2011 2:28am Apr 14, 2011 2:28am
Quoting Euroscum
People should pay taxes, the adminstrations should not abuse the publics trust.
Not at the Federal Level. State tax? Sure, it is local to where you live and you can see the money go to work.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #331
  • Apr 14, 2011 2:51am Apr 14, 2011 2:51am
Quoting LasVahGoose
Not at the Federal Level. State tax? Sure, it is local to where you live and you can see the money go to work.
Personally I think there should be only 2 taxes and they should be the same amount.

Income tax/copr tax say 22% and sales tax 22%. If there is no money for public services after that then tough. We can live within our means. flat tax is easy to understand and also simplifies the system, so less bureaucrats are needed to collect it.


I love this one I saw last week about Spain.

Inserted Video
  • #332
  • Apr 14, 2011 3:06am Apr 14, 2011 3:06am
Quoting Euroscum
Personally I think there should be only 2 taxes and they should be the same amount.

Income tax/copr tax say 22% and sales tax 22%. If there is no money for public services after that then tough. We can live within our means. flat tax is easy to understand and also simplifies the system, so less bureaucrats are needed to collect it.


I love this one I saw last week about Spain.

http://www.youtube.com/watch?v=XXWZ3uAEKsw
Funny Video. Yeah, I can see why you'd want to pay so much money into the system to get such great service.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #333
  • Apr 14, 2011 4:39am Apr 14, 2011 4:39am
Quoting Euroscum
...simplifies the system, so less bureaucrats are needed to collect it.

I love this one I saw last week about Spain.

http://www.youtube.com/watch?v=XXWZ3uAEKsw
Great video. Thanks for the laughter it caused.
this pig cannot be slaughtered for ever... or can it?
  • #334
  • Apr 14, 2011 5:58am Apr 14, 2011 5:58am
Quoting Euroscum
Personally I think there should be only 2 taxes and they should be the same amount.

Income tax/copr tax say 22% and sales tax 22%. If there is no money for public services after that then tough. We can live within our means. flat tax is easy to understand and also simplifies the system, so less bureaucrats are needed to collect it.


I love this one I saw last week about Spain.

http://www.youtube.com/watch?v=XXWZ3uAEKsw
That is awesome. I like that blonde! I wish to have all doc in my pocket in such situations.

Josef
  • #335
  • Apr 15, 2011 2:33am Apr 15, 2011 2:33am
This video mad my day, and it will tell you what is with US Dollar going on.

Inserted Video
  • #336
  • Apr 19, 2011 11:08am Apr 19, 2011 11:08am
This deserves a read:

http://www.marketwatch.com/story/10-...ive-2011-04-19
  • #337
  • Apr 19, 2011 11:10am Apr 19, 2011 11:10am
Quoting medici
This deserves a read:

http://www.marketwatch.com/story/10-...ive-2011-04-19
the only problem is that the US does not practice capitalism, so capitalism can hardly be blamed.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #338
  • Apr 19, 2011 12:02pm Apr 19, 2011 12:02pm
Quoting medici
This deserves a read:

http://www.marketwatch.com/story/10-...ive-2011-04-19
If you click on the link at the bottom of every Paul Ferrell article, they send you a free tin-foil hat too.
  • #339
  • Apr 19, 2011 12:04pm Apr 19, 2011 12:04pm
And here's a challenge. If Paul is so astute, find me an article by him without "_________ reasons the world as we know it will end" in the title, or a movie analogy.
  • #340
  • Apr 19, 2011 12:24pm Apr 19, 2011 12:24pm


The tin-foil hats are only for those who want to be saved when doomsday comes a knockin'.
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