[Eugene]

Beemer will get 30-32 mpg freeway if you don’t drive it like you stole it.

My point is, gasoline is up a lot and food may be up a little bit but gasoline and food are small parts of a typical family budget. An average American family spends more on car loan & insurance payments than on food. You should average prices properly instead of focusing on a couple of low-importance items.

[Eugene]

It’s very unlikely to make it all the way through in its present form.

[Eugene]

It’s very unlikely to make it all the way through in its present form.

[Eugene]

It’s very unlikely to make it all the way through in its present form.

[Eugene]

It’s very unlikely to make it all the way through in its present form.

[Eugene]

Expect 5-10% over spot price of gold. Depends on the shop and the particular form of gold. Krugerrands are cheaper, American Eagles are more expensive, other foreign coins can come with high premiums.

I had positive experience with onlygold.com, you basically send them a check or a wire and a week later you get a package with coins via U.S. mail. Their prices are pretty good. I’m not sure if they have a brick-and-mortar store so you can have a cash transaction (they are located near Phoenix AZ), you might want to call them and ask.

[Eugene]

Expect 5-10% over spot price of gold. Depends on the shop and the particular form of gold. Krugerrands are cheaper, American Eagles are more expensive, other foreign coins can come with high premiums.

I had positive experience with onlygold.com, you basically send them a check or a wire and a week later you get a package with coins via U.S. mail. Their prices are pretty good. I’m not sure if they have a brick-and-mortar store so you can have a cash transaction (they are located near Phoenix AZ), you might want to call them and ask.

[Eugene]

Expect 5-10% over spot price of gold. Depends on the shop and the particular form of gold. Krugerrands are cheaper, American Eagles are more expensive, other foreign coins can come with high premiums.

I had positive experience with onlygold.com, you basically send them a check or a wire and a week later you get a package with coins via U.S. mail. Their prices are pretty good. I’m not sure if they have a brick-and-mortar store so you can have a cash transaction (they are located near Phoenix AZ), you might want to call them and ask.

[Eugene]

Expect 5-10% over spot price of gold. Depends on the shop and the particular form of gold. Krugerrands are cheaper, American Eagles are more expensive, other foreign coins can come with high premiums.

I had positive experience with onlygold.com, you basically send them a check or a wire and a week later you get a package with coins via U.S. mail. Their prices are pretty good. I’m not sure if they have a brick-and-mortar store so you can have a cash transaction (they are located near Phoenix AZ), you might want to call them and ask.

[Eugene]

Bernanke is a Keynesian economist

In Keynesian economics ALL problems are solved by creating more printing press money – we saw 17 years of this with Greenspan – Bernanke is just continuing the status quo

Printing money is pretty much the only thing Federal Reserve CAN do.

[Eugene]

Bernanke is a Keynesian economist

In Keynesian economics ALL problems are solved by creating more printing press money – we saw 17 years of this with Greenspan – Bernanke is just continuing the status quo

Printing money is pretty much the only thing Federal Reserve CAN do.

[Eugene]

Bernanke is a Keynesian economist

In Keynesian economics ALL problems are solved by creating more printing press money – we saw 17 years of this with Greenspan – Bernanke is just continuing the status quo

Printing money is pretty much the only thing Federal Reserve CAN do.

[Eugene]

Bernanke is a Keynesian economist

In Keynesian economics ALL problems are solved by creating more printing press money – we saw 17 years of this with Greenspan – Bernanke is just continuing the status quo

Printing money is pretty much the only thing Federal Reserve CAN do.

[Eugene]

unless you drive, eat, pay utilities, and get completely free health care.

okay…
Gasoline is past $3. Oh the horror! It costs me whopping $4 to drive my BMW to work every day (20 miles each way). If I were working as a burger flipper, it would be 1/2 of my hourly salary or 6% of my total budget. I happen to make a little more than a burger fliipper. I think I’ll manage even if gasoline gets past $10 mark.

Food … hmmm … somehow I don’t see any growth in food prices. Actually no, I do. Chipotle burritos are about 50c more expensive now than they were in 2002. That’s like 10% increase. And again, I don’t eat so much that my budget would hurt from a 10% increase in food prices.

Utilities and healthcare… I’ll pass here… I don’t remember how much utilities cost 5 years ago, and my employer pays most of my health insurance anyway.

Now. Where do I _really_ spend my money?

Cars. In 2002, I could buy a new Toyota Corolla starting at $12.5k or a new BMW 330 (225 hp) for $37k. Today I can buy a new bigger Toyota Corolla starting at $14.5k or a new BMW 328 (230 hp) for $32k. Weak dollar you say? What weak dollar?

Rent. In 2002 I rented a 1br apartment in UTC for $1100 a month. Today these apartments go for $1350.

Electronics. Today you can get a nice 19″ LCD monitor for $250 or a 50″ plasma TV for $1500. How much did they cost 5 years ago?

Clothes? Books? Toys? Furniture?

I rest my case …

[Eugene]

unless you drive, eat, pay utilities, and get completely free health care.

okay…
Gasoline is past $3. Oh the horror! It costs me whopping $4 to drive my BMW to work every day (20 miles each way). If I were working as a burger flipper, it would be 1/2 of my hourly salary or 6% of my total budget. I happen to make a little more than a burger fliipper. I think I’ll manage even if gasoline gets past $10 mark.

Food … hmmm … somehow I don’t see any growth in food prices. Actually no, I do. Chipotle burritos are about 50c more expensive now than they were in 2002. That’s like 10% increase. And again, I don’t eat so much that my budget would hurt from a 10% increase in food prices.

Utilities and healthcare… I’ll pass here… I don’t remember how much utilities cost 5 years ago, and my employer pays most of my health insurance anyway.

Now. Where do I _really_ spend my money?

Cars. In 2002, I could buy a new Toyota Corolla starting at $12.5k or a new BMW 330 (225 hp) for $37k. Today I can buy a new bigger Toyota Corolla starting at $14.5k or a new BMW 328 (230 hp) for $32k. Weak dollar you say? What weak dollar?

Rent. In 2002 I rented a 1br apartment in UTC for $1100 a month. Today these apartments go for $1350.

Electronics. Today you can get a nice 19″ LCD monitor for $250 or a 50″ plasma TV for $1500. How much did they cost 5 years ago?

Clothes? Books? Toys? Furniture?

I rest my case …

[Author]

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