Inflation kept in check - GoFuckYourself.com

kernelpanic · 01-29-2006, 12:21 PM

http://www.chicagotribune.com/busine...syourmoney-hed

But for how long? With the current massive defecits, I don't know how much longer this can go on. The dollar is going to hit a brick wall soon, and I just hope that it isn't as bad as it could be. Given the current US spending, we can only hope for a quick recovery when an administration with some monetary sense comes into office.

Is it time to begin buying gold and pounds sterling?

kernelpanic · 01-29-2006, 12:29 PM

Aww damn, I guess everyone just doesn't want to discuss monetary policy today.

NKYKev · 01-29-2006, 03:07 PM

If you read the article, it notes that core inflation does not include "food and energy costs." Putting it mildly, excluding these two categories does not give an accurate picture of the impact of inflation on the average American.

sickbeatz · 01-29-2006, 03:08 PM

I remember on the 1st of January. The US treasury announced that in 2 months the US government will no longer have enough money for daily operation

Doctor Dre · 01-29-2006, 03:10 PM

Quote:

Originally Posted by socalkev

If you read the article, it notes that core inflation does not include "food and energy costs." Putting it mildly, excluding these two categories does not give an accurate picture of the impact of inflation on the average American.

Exactly ...

and the US $ dropped so much value compared to other currencies...

Doctor Dre · 01-29-2006, 03:10 PM

Quote:

Originally Posted by sickbeatz

I remember on the 1st of January. The US treasury announced that in 2 months the US government will no longer have enough money for daily operation

Was that real or a hoax ? I don't really beleive that...

nico-t · 01-29-2006, 07:23 PM

i read the US doesnt give out their dollar printing stats in public anymore. That means they can print as much as they want when they need more, it also means that the dollar will decrease in value majorly.. very fucked up for us webmasters out of the US.

reynold · 01-30-2006, 03:56 AM

These are hard times... Inflation rates keep on rising.

NKYKev · 01-30-2006, 04:13 AM

Quote:

Originally Posted by Doctor Dre

Was that real or a hoax ? I don't really beleive that...

If the issue was whether the US debt ceiling would be broken, it already has been. It just means that they will pass another extension of our debt ceiling and print more money - of course, this does not cause any inflation.

01-29-2006, 12:21 PM	#1
kernelpanic Too lazy to set a custom title Join Date: Jan 2005 Posts: 2,961	Inflation kept in check http://www.chicagotribune.com/busine...syourmoney-hed But for how long? With the current massive defecits, I don't know how much longer this can go on. The dollar is going to hit a brick wall soon, and I just hope that it isn't as bad as it could be. Given the current US spending, we can only hope for a quick recovery when an administration with some monetary sense comes into office. Is it time to begin buying gold and pounds sterling? __________________ ZangoCash - Turn Your Traffic Into Ca$h. $.40 Per Install - No Tier

01-29-2006, 12:29 PM	#2
kernelpanic Too lazy to set a custom title Join Date: Jan 2005 Posts: 2,961	Aww damn, I guess everyone just doesn't want to discuss monetary policy today. __________________ ZangoCash - Turn Your Traffic Into Ca$h. $.40 Per Install - No Tier

01-29-2006, 03:08 PM	#4
sickbeatz The Hustler Join Date: Feb 2005 Posts: 4,993	I remember on the 1st of January. The US treasury announced that in 2 months the US government will no longer have enough money for daily operation __________________ GalleryFeeder.com

01-29-2006, 03:07 PM	#3
NKYKev Confirmed User Join Date: Jul 2005 Posts: 283	If you read the article, it notes that core inflation does not include "food and energy costs." Putting it mildly, excluding these two categories does not give an accurate picture of the impact of inflation on the average American.

01-29-2006, 07:23 PM	#7
nico-t emperor of my world Join Date: Aug 2004 Location: nethalands Posts: 29,903	i read the US doesnt give out their dollar printing stats in public anymore. That means they can print as much as they want when they need more, it also means that the dollar will decrease in value majorly.. very fucked up for us webmasters out of the US.

01-30-2006, 03:56 AM	#8
reynold Too lazy to set a custom title Join Date: Oct 2002 Location: Global Traveler Posts: 51,271	These are hard times... Inflation rates keep on rising.