On 03/12/2011 6:49 AM, Haywood Jablomie wrote:
On 3-Dec-2011, 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.

I think your being generous. Perhaps 55 if we add bpuharic and harryk
together.
--
All successful people have one thing in common, if even for a moment
they think rationally.