My monthly spending was through the roof until I stopped factoring in the mortgage and gas. After that my spending dropped dramatically.
Next month I may stop factoring in the money I spend on food and I may start seeing a huge surplus in my household.
Topic: "Dollar headed for 'multi-year rally' " - page 4. (Read 3781 times)
hyperbole?
Of course.
I am glad you believe that. Do not buy bitcoins at their low price.
I won't be buying them at any price. If I wanted to burn money, I'd just use my lighter.
Doesn't seem like a good strategic move to me unless you just have some irrational dislike of Bitcoin.
Inflation rates are looking good too.
Some folks, such as these, see hidden dangers due to fiscal policy issues.
My crystal ball is not so well polished, it could easily be otherwise.
I just don't get it how is the USD still so strong 
Is the world filled idiots who want to except fractional reserved garbage forever when their are better ways to exchange value. The metals plunge i understand the fed is shorting the metals market but the USD/EUR rising i don't get .
Fractional reserve is not so bad in itself, it really depends on the fraction, and what makes up the reserve. Is the world filled idiots who want to except fractional reserved garbage forever when their are better ways to exchange value. The metals plunge i understand the fed is shorting the metals market but the USD/EUR rising i don't get . USD will rise when its interest rate to default likelihood is a better deal than whatever is the denominator. Its value is relative risk/reward.
The EUR has its own constellation of issues.
BTC could go to zero at a greater liklihood than most fiat (currently), so time deposits (bonds, CDs) that are BTC denominated should pay a higher rate than fiat to compensate for that risk. There is also default risk, and counter-party risk, which has to be compensated as well. Those risks are perceived as low due to Ben Bernanke's vote of confidence. He has a great track record on his public comments.
http://www.youtube.com/watch?v=9QpD64GUoXw
Those inflation rates are the BS
The fact that you believe this explains why you are having such a hard time understanding why the dollar is so strong.
Those inflation rates are the BS ones the fed puts out it doesn't count food or fuel or anything else that would push the number up inflation under 3% my arse.
Inflation rates are looking good too.
I just don't get it how is the USD still so strong
Get used to it. Despite all of the fear mongering that goes on around these forums, the dollar isn't going anywhere.
I just don't get it how is the USD still so strong Is the world filled idiots who want to except fractional reserved garbage forever when their are better ways to exchange value. The metals plunge i understand the fed is shorting the metals market but the USD/EUR rising i don't get .
Is the world filled idiots who want to except fractional reserved garbage forever when their are better ways to exchange value. The metals plunge i understand the fed is shorting the metals market but the USD/EUR rising i don't get . This is what inflation is, ready yourselves
A little whisper from Ben that they might someday consider buying less, it scares away other bond buyers, and the Fed gets a bunch more interest on their T-bills, the economy slows, and the Fed own an increasing share of US debt for the next generation and a half.
This is what inflation is, ready yourselves
Re: "Dollar headed for 'multi-year rally' "
I don't disagree, but everything can be changed at the whim of a single individual. Its risky, risk of the incalculable kind.
hyperbole?
Of course.
I am glad you believe that. Do not buy bitcoins at their low price.
I won't be buying them at any price. If I wanted to burn money, I'd just use my lighter.
The dollar is useless.
It's infinitely more useful than your internet monopoly money (which appears to be crashing as we speak).
I am glad you believe that. Do not buy bitcoins at their low price.
The dollar is useless.
It's infinitely more useful than your internet monopoly money (which appears to be crashing as we speak). The dollar is useless.
It's infinitely more useful than your internet monopoly money (which appears to be crashing as we speak).
From the article:
"The federal deficit is expected to fall to 4% this fiscal year, and drop to 3% by 2019"
2013 total spending: $3.8 trillion
2013 total revenue: $2.9 trillion
Deficit: $.9 trillion = 23%
You want to know how I know you are a government shill article?
"The federal deficit is expected to fall to 4% this fiscal year, and drop to 3% by 2019"
2013 total spending: $3.8 trillion
2013 total revenue: $2.9 trillion
Deficit: $.9 trillion = 23%
You want to know how I know you are a government shill article?
Great news! 
Gold and silver are down, dollar is up, just means there is a sale on gold and silver. I like getting my silver for 50% off.
Considering we are about a month away from the Federal Reserve buying all of our Treasury bonds (currently buying over 80%), I am not surprised by desperation in trying to get other countries to want to buy our dollars.
We are too far gone. The dollar is useless.
We are too far gone. The dollar is useless.
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