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bsrsharma
ParticipantYour analysis, while interesting in itself, has more meaning. One way the Fed is helping to solve our severe indebtedness is through inflation. By successively shrinking the value of US $, we actually have to pay less in real value to our Creditors, both public and private. Since most of the Debtors are American and Creditors are Foreign, this is politically very attractive. (Of couse, the world has wizened up now and is repudiating US $, causing precipitous drop now!).
It has another advantange – once oil reaches $200 or $300, Gas is $6 -$9, Gold is $2000, A box of cereals is $10, A loaf of bread/doz. Eggs are $5 etc., a $500K house may start looking cheap. That should help end the housing crisis.
bsrsharma
ParticipantYour analysis, while interesting in itself, has more meaning. One way the Fed is helping to solve our severe indebtedness is through inflation. By successively shrinking the value of US $, we actually have to pay less in real value to our Creditors, both public and private. Since most of the Debtors are American and Creditors are Foreign, this is politically very attractive. (Of couse, the world has wizened up now and is repudiating US $, causing precipitous drop now!).
It has another advantange – once oil reaches $200 or $300, Gas is $6 -$9, Gold is $2000, A box of cereals is $10, A loaf of bread/doz. Eggs are $5 etc., a $500K house may start looking cheap. That should help end the housing crisis.
bsrsharma
ParticipantYour analysis, while interesting in itself, has more meaning. One way the Fed is helping to solve our severe indebtedness is through inflation. By successively shrinking the value of US $, we actually have to pay less in real value to our Creditors, both public and private. Since most of the Debtors are American and Creditors are Foreign, this is politically very attractive. (Of couse, the world has wizened up now and is repudiating US $, causing precipitous drop now!).
It has another advantange – once oil reaches $200 or $300, Gas is $6 -$9, Gold is $2000, A box of cereals is $10, A loaf of bread/doz. Eggs are $5 etc., a $500K house may start looking cheap. That should help end the housing crisis.
bsrsharma
ParticipantYour analysis, while interesting in itself, has more meaning. One way the Fed is helping to solve our severe indebtedness is through inflation. By successively shrinking the value of US $, we actually have to pay less in real value to our Creditors, both public and private. Since most of the Debtors are American and Creditors are Foreign, this is politically very attractive. (Of couse, the world has wizened up now and is repudiating US $, causing precipitous drop now!).
It has another advantange – once oil reaches $200 or $300, Gas is $6 -$9, Gold is $2000, A box of cereals is $10, A loaf of bread/doz. Eggs are $5 etc., a $500K house may start looking cheap. That should help end the housing crisis.
bsrsharma
ParticipantYour analysis, while interesting in itself, has more meaning. One way the Fed is helping to solve our severe indebtedness is through inflation. By successively shrinking the value of US $, we actually have to pay less in real value to our Creditors, both public and private. Since most of the Debtors are American and Creditors are Foreign, this is politically very attractive. (Of couse, the world has wizened up now and is repudiating US $, causing precipitous drop now!).
It has another advantange – once oil reaches $200 or $300, Gas is $6 -$9, Gold is $2000, A box of cereals is $10, A loaf of bread/doz. Eggs are $5 etc., a $500K house may start looking cheap. That should help end the housing crisis.
bsrsharma
ParticipantIt is probably no secret; George Chamberlin is weak in anything more than 5th grade math. During his “Money in the Morning” radio days, anything involving two ratios or percentages used to confound him. He just couldn’t grasp the notion of ratio of ratios – atleast on realtime radio. A caller would call him with a question like this and he would be lost trying to figure what to use for numerator and denominator. Not funny on radio!
bsrsharma
ParticipantIt is probably no secret; George Chamberlin is weak in anything more than 5th grade math. During his “Money in the Morning” radio days, anything involving two ratios or percentages used to confound him. He just couldn’t grasp the notion of ratio of ratios – atleast on realtime radio. A caller would call him with a question like this and he would be lost trying to figure what to use for numerator and denominator. Not funny on radio!
bsrsharma
ParticipantIt is probably no secret; George Chamberlin is weak in anything more than 5th grade math. During his “Money in the Morning” radio days, anything involving two ratios or percentages used to confound him. He just couldn’t grasp the notion of ratio of ratios – atleast on realtime radio. A caller would call him with a question like this and he would be lost trying to figure what to use for numerator and denominator. Not funny on radio!
bsrsharma
ParticipantIt is probably no secret; George Chamberlin is weak in anything more than 5th grade math. During his “Money in the Morning” radio days, anything involving two ratios or percentages used to confound him. He just couldn’t grasp the notion of ratio of ratios – atleast on realtime radio. A caller would call him with a question like this and he would be lost trying to figure what to use for numerator and denominator. Not funny on radio!
bsrsharma
ParticipantIt is probably no secret; George Chamberlin is weak in anything more than 5th grade math. During his “Money in the Morning” radio days, anything involving two ratios or percentages used to confound him. He just couldn’t grasp the notion of ratio of ratios – atleast on realtime radio. A caller would call him with a question like this and he would be lost trying to figure what to use for numerator and denominator. Not funny on radio!
bsrsharma
ParticipantI am not aware of any mass failure of Credit Unions. My personal opinion is they are more cautious and don’t get into speculative/risky lending. So, I view them favorably compared to banks.
For a specific Credit Union, you should lookup at
http://www.bankrate.com/brm/safesound/brm_explain.asp
for Safe & Sound and CAEL (Capitalization, Asset quality, Earnings and Liquidity) ratings.
bsrsharma
ParticipantI am not aware of any mass failure of Credit Unions. My personal opinion is they are more cautious and don’t get into speculative/risky lending. So, I view them favorably compared to banks.
For a specific Credit Union, you should lookup at
http://www.bankrate.com/brm/safesound/brm_explain.asp
for Safe & Sound and CAEL (Capitalization, Asset quality, Earnings and Liquidity) ratings.
bsrsharma
ParticipantI am not aware of any mass failure of Credit Unions. My personal opinion is they are more cautious and don’t get into speculative/risky lending. So, I view them favorably compared to banks.
For a specific Credit Union, you should lookup at
http://www.bankrate.com/brm/safesound/brm_explain.asp
for Safe & Sound and CAEL (Capitalization, Asset quality, Earnings and Liquidity) ratings.
bsrsharma
ParticipantI am not aware of any mass failure of Credit Unions. My personal opinion is they are more cautious and don’t get into speculative/risky lending. So, I view them favorably compared to banks.
For a specific Credit Union, you should lookup at
http://www.bankrate.com/brm/safesound/brm_explain.asp
for Safe & Sound and CAEL (Capitalization, Asset quality, Earnings and Liquidity) ratings.
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