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#1
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posted to rec.boats
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On Sat, 3 Dec 2011 13:49:20 GMT, "Haywood Jablomie"
wrote: On 3-Dec-2011, Canuck57 wrote: DUH!!! christ. what the **** happened to conservatives who dont even know how to count to FIVE??? Rates are not low because demand is high. Rates are low because US Fed lends out at 0%. Banks don't need to pay interest to savers if they can get free money. There is no balance in the lend-borrow market place. And how if ****s you? Social security gets maybe 1% on the money it lends to government. 6% is real unadjusted inflation. So in fact Social Security loses 5% value per year. Say $1000 in SS gets $10 interest. But it takes $1060 to buy the same stuff a year later. In value terms Social security is being skimmed by DC. Yep, they will collect more and pay out less in the long term. Worse of t-bill holders using real money. You lend $1000 and get 1%, $10. But it takes $1060 to buy he same stuff a year later. But wait, you have to pay tax on the $10. So in fact you lose more than 5%. Whole scale Bernanke-0bama fraud really. A zero rate economy of depreciating value of money. And part of why your going to be so ****ed in the end. Government isn't going to be able to increase your social security, Medicare and other benefits with inflation money print. But you are just too ****ing stupid to see it. Good 0bama sheeples. -- All successful people have one thing in common, if even for a moment they think rationally. ...might as well understand you're responding to a 55 I.Q. says a guy who takes 3 weeks to tie his shoes |
#2
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posted to rec.boats
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![]() On 3-Dec-2011, bpuharic wrote: benefits with inflation money print. But you are just too ****ing stupid to see it. Good 0bama sheeples. -- All successful people have one thing in common, if even for a moment they think rationally. ...might as well understand you're responding to a 55 I.Q. says a guy who takes 3 weeks to tie his shoes Now THAT'S funny ... haven't heard anything so clever since ... ... ... ... junior high school. |
#3
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posted to rec.boats
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On Sat, 3 Dec 2011 14:21:43 GMT, "Haywood Jablomie"
wrote: On 3-Dec-2011, bpuharic wrote: benefits with inflation money print. But you are just too ****ing stupid to see it. Good 0bama sheeples. -- All successful people have one thing in common, if even for a moment they think rationally. ...might as well understand you're responding to a 55 I.Q. says a guy who takes 3 weeks to tie his shoes Now THAT'S funny ... haven't heard anything so clever since ... ... ... ... junior high school. which, for you, was last week |
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