On Sun, 09 May 2010 15:43:25 -0600, Canuck57
wrote:

On 09/05/2010 11:28 AM, wrote:
On Sun, 09 May 2010 12:42:16 -0400, wrote:

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


Bought any oil based products lately? (everything is oil based) There
is certainly inflation going on. The fed is just ignoring it and
borrowing to hide it by printing money.

True. Canadians and US governments are hopelessly broke.

so are

france
germany
mexico
britain
italy
belgium
holland
iceland

etc etc


Hell, Greece could do that too if it were not for EU Euro being common.
Any country producing money like this screws the others.

The only reason the US gets away with it is that like GM they are
percieved as too big to fail. But as that perception is realised as
myth, the US is on a downhill ride.

thanks to wall street

funny how wall street invents all kinds of bull**** like CDO's...but
the right blames it on the middle class...


Fortunately shares are like currency. 10000 shares of xyz corp is 10000
shares of xyz corp even if the currency devalues to pesos. One does
want to pick the right time to get in and out of these roller coaster dives.

until you do a reverse 4:1 split like ATT did to save its ass on wall
street