Talk About Network

Google


Register and Login
Nick
Password
Register create new account Sign up is FREE and you can post replies, new topics, bookmark posts and more!
Recover lost password


Play Stock Market Games
Fantasy Stock Picking Contest

Investments > Investing Science > Re: Fed opts fo...
Latest [ Topics | Posts ] Archive Post A New Topic Post a Reply
<< Topic < Post Post 1 of 1 Topic 15032 of 17599
Post > Topic >>

Re: Fed opts for Hyper-Inflation

by Jerry Kraus <jkraus_1999@[EMAIL PROTECTED] > Mar 13, 2008 at 08:15 AM

On Mar 13, 9:37=A0am, forbisga...@[EMAIL PROTECTED]
 wrote:
> On Mar 13, 6:10=A0am, a...@[EMAIL PROTECTED]
 (PeterBP) wrote:
>
> > Ping when US$ hits 1000 for 1 oz of Gold.
>
> > Game over, Bernanke.
>
> Not quite $1000
>
> http://www.bloomberg.com/index.html?Intro=3Dintro3
>
> =A0CURRENCIES
> =A0 =A0VALUE CHANGE % CHANGE
> EUR-USD 1.5593 0.0042 0.27
> USD-JPY 100.2000 -1.6000 -1.57
> GBP-USD 2.0364 0.0095 0.47
>
> =A0COMMODITY FUTURES
> =A0 =A0VALUE CHANGE % CHANGE
> Oil 109.71 -0.21 -0.19
> Gold 998.30 17.80 1.82
> Natural Gas 10.07 0.06 0.56
>
> > And what the **** does this have to do with either "wing"?
>
> Unfortunately, everything. =A0The right wing has been playing
> politics with the economy for decades now and the chickens
> are coming home to roost. =A0The left wing just hasn't had
> sway with the FED the way the right has and the left wing
> has tried to be mostly responsible when in power (They still
> buy votes but not on the same scale and at such high prices.)

You know, the hyperinflation they had in Germany in the 1920's -- five
million marks for a loaf of bread, that kind of thing -- was the
result of attempting to pay debts incurred by a failed war.  Does
sound a bit familiar, eh?
 




 1 Posts in Topic:
Re: Fed opts for Hyper-Inflation
Jerry Kraus <jkraus_19  2008-03-13 08:15:19 

Post A Reply:
  Go here to Signup

AddThis Feed Button


About - Advertising - Contact - Frequently Asked Questions - Privacy Policy - Terms of Use - Signup

Contact
tan12V112 Sat Nov 22 7:54:10 CST 2008.