Quote:
Originally Posted by Snake Doctor
Well it's patently obvious that most of you don't have a clue about economics. You're just spouting off talking points you heard on talk radio without any evidence to back them up.
Enjoy your tin foil hats.
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I've been losing faith in the strength of the US economy these past few years. When I see the fed doing things like this:
Fed bends rules to help two big banks it makes me question the lengths that they would go to in order to save the big boys (banks, hedge funds) from their crappy investments.
Responsibility and accountability have gone down the pooper. Let those fuckers tough it out I say, I doubt they'll make the same mistakes twice.
& you think they won't bend the numbers to make everything look good? Come on...
Please explain to me how a low USD, running the printing presses 24/7 and high commodity prices don't translate into higher inflation?
How are your property taxes doing? Have they gone up more than 2% this past year? Health premiums? College expenses for you kids? You don't need a degree in economics to figure out the true yearly inflation. (granted the cpi isn't calculated with these figures in mind)
Speaking of getting the info from talk radio, I tuned into cnbc a few days ago and they were all raving about the spectacular boost in exports that the weak USD has caused.
Who gives a shit? Look at the cost of imports (the huge trade deficit). What the hell are these people smoking?
& getting back to the topic at hand: "Do you think the shit state of the US economy is hurting sales?"
If it hasn't already, it certainly will.