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Author Topic:   Testing The Financial Apologists
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


Message 4 of 582 (888767)
10-03-2021 4:57 PM


Please don't just give us more of their sideshow spiel; rather please give us reasoned arguments and evidence that might actually support what they are marketing.

My Website: My Website

  
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


Message 21 of 582 (888801)
10-06-2021 2:47 PM
Reply to: Message 18 by Phat
10-06-2021 11:49 AM


Re: Lyn Alden
LOL
Too funny.
Phat, I was an optician and I made $400 a month salary.
Gas was about a quarter a gallon.
My rent was $90.00 a month and that included all utilities.
Stop thinking in terms of one dimension.
Minimum wage was about a dollar an hour.
Yes inflation happens but so does wage increases.
The problem is the willful ignorance of folk like you and a significant percentage of the US voting population; YOU elect and support people that fuck you. That's not their fault, it's YOUR fault.
Stop believing the Snake Oil Salesmen and actually learn the basics.
Edited by jar, : appalin spallin there ---> their

My Website: My Website

This message is a reply to:
 Message 18 by Phat, posted 10-06-2021 11:49 AM Phat has replied

Replies to this message:
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 Message 564 by Phat, posted 06-12-2024 5:33 PM jar has replied

  
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


Message 565 of 582 (919001)
06-12-2024 7:38 PM
Reply to: Message 564 by Phat
06-12-2024 5:33 PM


Re: Thinking In Todays Dimension..
My mortgage is 743.00 a month.
Gas is under $3.00 a gallon.
I drive about 120 miles a month.
Yawn.

This message is a reply to:
 Message 564 by Phat, posted 06-12-2024 5:33 PM Phat has replied

Replies to this message:
 Message 566 by Phat, posted 06-12-2024 7:45 PM jar has replied

  
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


(1)
Message 567 of 582 (919003)
06-12-2024 7:50 PM
Reply to: Message 566 by Phat
06-12-2024 7:45 PM


Re: Thinking In Todays Dimension..
You have no basic premise.
Is inflation up? Depends on which periods you are comparing.
Is the US economy doing well compared to other nations? Yes, super star well.

This message is a reply to:
 Message 566 by Phat, posted 06-12-2024 7:45 PM Phat has replied

Replies to this message:
 Message 568 by Phat, posted 06-12-2024 7:52 PM jar has replied

  
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


(1)
Message 569 of 582 (919005)
06-12-2024 7:59 PM
Reply to: Message 568 by Phat
06-12-2024 7:52 PM


Re: Thinking In Todays Dimension..
The SKY is falling! The SKY is falling!

This message is a reply to:
 Message 568 by Phat, posted 06-12-2024 7:52 PM Phat has seen this message but not replied

  
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


Message 570 of 582 (919006)
06-12-2024 9:37 PM
Reply to: Message 566 by Phat
06-12-2024 7:45 PM


time to present your reasoning?
Phat writes:
The world is beginning to dedollarize.
Not sure 'dedollarize' is a real word but what possible difference would it make is there was no 'set' standard currency or if the standard was the Chinese Yuan or the Japanese Yen or the Russian Ruble or British Pound Sterling or any other currency except maybe the Solomon Island Rai Stones?

This message is a reply to:
 Message 566 by Phat, posted 06-12-2024 7:45 PM Phat has replied

Replies to this message:
 Message 571 by Phat, posted 06-12-2024 11:33 PM jar has replied

  
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


Message 572 of 582 (919008)
06-13-2024 8:34 AM
Reply to: Message 571 by Phat
06-12-2024 11:33 PM


Re: time to present your reasoning?
But what is the evidence?
Each nation sets interest rates based on the decision of its own financial governing body. Buying other nations bonds is based on the relative return against relative risk, in other words the stability and risk factors. Those are not dependent on whether it is a global standard currency.
Let's talk about buying cars and homes. Do people in other countries living under different currencies buy homes and cars? In fact, doesn't the US have a history of importing cars made in other countries? Doesn't the US have a history or limiting imports from many nations to protect us car makers and the employees?

This message is a reply to:
 Message 571 by Phat, posted 06-12-2024 11:33 PM Phat has seen this message but not replied

  
jar
Member
Posts: 34057
From: Texas!!
Joined: 04-20-2004
Member Rating: 4.7


Message 578 of 582 (919014)
06-13-2024 12:40 PM


The greed problem
What I do find of concern is the two fold issue of consumer prices increasing beyond inflation and the enormous profits recently.
Yes, there have been issues in the supply chain and in resource availability but neither can explain why consumer prices rise faster than inflation.
Greed can.

Replies to this message:
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