[jficquette]

[quote=TheBreeze]By the way, I think these higher rates show that there is no way government can stop a deflationary spiral. The more they muck with the market, the higher rates are going to go and the less credit that will ultimately be available. Less credit=deflation.

Rich would argue that the government can just cut everyone a check for $10 million, but there would be a massive taxpayer revolt if that happened. Household wealth has decreased $20 trillion in two years ( http://www.atimes.com/atimes/Global_Economy/KA23Dj07.html ) and there is starting to be some serious resistance to the paltry-in-comparison $800 billion stimulus that would be spent over the next two years.

There will also probably be some additional TARPs and other things that may amount to two or three trillion overall, but there is no way that the government is going to be able to keep up with the $10 trillion/year decline in household wealth.

Deflation here we come. I for one look forward to more reasonably priced goods and services. [/quote]

I agree. You know our economy has always been about 70% consumer driven as opposed to say, Japan where the consumer is a much lower % of gdp.

If consumers start to only spend on what they only have to have to live then we are talking big time deflation with grueling consquences for the next generation or so.

Something has to give this time. This is the worst mess the liberals have created by far.(g)

John

[jficquette]

[quote=TheBreeze]By the way, I think these higher rates show that there is no way government can stop a deflationary spiral. The more they muck with the market, the higher rates are going to go and the less credit that will ultimately be available. Less credit=deflation.

Rich would argue that the government can just cut everyone a check for $10 million, but there would be a massive taxpayer revolt if that happened. Household wealth has decreased $20 trillion in two years ( http://www.atimes.com/atimes/Global_Economy/KA23Dj07.html ) and there is starting to be some serious resistance to the paltry-in-comparison $800 billion stimulus that would be spent over the next two years.

There will also probably be some additional TARPs and other things that may amount to two or three trillion overall, but there is no way that the government is going to be able to keep up with the $10 trillion/year decline in household wealth.

Deflation here we come. I for one look forward to more reasonably priced goods and services. [/quote]

I agree. You know our economy has always been about 70% consumer driven as opposed to say, Japan where the consumer is a much lower % of gdp.

If consumers start to only spend on what they only have to have to live then we are talking big time deflation with grueling consquences for the next generation or so.

Something has to give this time. This is the worst mess the liberals have created by far.(g)

John

[jficquette]

[quote=TheBreeze]By the way, I think these higher rates show that there is no way government can stop a deflationary spiral. The more they muck with the market, the higher rates are going to go and the less credit that will ultimately be available. Less credit=deflation.

Rich would argue that the government can just cut everyone a check for $10 million, but there would be a massive taxpayer revolt if that happened. Household wealth has decreased $20 trillion in two years ( http://www.atimes.com/atimes/Global_Economy/KA23Dj07.html ) and there is starting to be some serious resistance to the paltry-in-comparison $800 billion stimulus that would be spent over the next two years.

There will also probably be some additional TARPs and other things that may amount to two or three trillion overall, but there is no way that the government is going to be able to keep up with the $10 trillion/year decline in household wealth.

Deflation here we come. I for one look forward to more reasonably priced goods and services. [/quote]

I agree. You know our economy has always been about 70% consumer driven as opposed to say, Japan where the consumer is a much lower % of gdp.

If consumers start to only spend on what they only have to have to live then we are talking big time deflation with grueling consquences for the next generation or so.

Something has to give this time. This is the worst mess the liberals have created by far.(g)

John

[jficquette]

[quote=TheBreeze]By the way, I think these higher rates show that there is no way government can stop a deflationary spiral. The more they muck with the market, the higher rates are going to go and the less credit that will ultimately be available. Less credit=deflation.

Rich would argue that the government can just cut everyone a check for $10 million, but there would be a massive taxpayer revolt if that happened. Household wealth has decreased $20 trillion in two years ( http://www.atimes.com/atimes/Global_Economy/KA23Dj07.html ) and there is starting to be some serious resistance to the paltry-in-comparison $800 billion stimulus that would be spent over the next two years.

There will also probably be some additional TARPs and other things that may amount to two or three trillion overall, but there is no way that the government is going to be able to keep up with the $10 trillion/year decline in household wealth.

Deflation here we come. I for one look forward to more reasonably priced goods and services. [/quote]

I agree. You know our economy has always been about 70% consumer driven as opposed to say, Japan where the consumer is a much lower % of gdp.

If consumers start to only spend on what they only have to have to live then we are talking big time deflation with grueling consquences for the next generation or so.

Something has to give this time. This is the worst mess the liberals have created by far.(g)

John

[jficquette]

[quote=TheBreeze]By the way, I think these higher rates show that there is no way government can stop a deflationary spiral. The more they muck with the market, the higher rates are going to go and the less credit that will ultimately be available. Less credit=deflation.

Rich would argue that the government can just cut everyone a check for $10 million, but there would be a massive taxpayer revolt if that happened. Household wealth has decreased $20 trillion in two years ( http://www.atimes.com/atimes/Global_Economy/KA23Dj07.html ) and there is starting to be some serious resistance to the paltry-in-comparison $800 billion stimulus that would be spent over the next two years.

There will also probably be some additional TARPs and other things that may amount to two or three trillion overall, but there is no way that the government is going to be able to keep up with the $10 trillion/year decline in household wealth.

Deflation here we come. I for one look forward to more reasonably priced goods and services. [/quote]

I agree. You know our economy has always been about 70% consumer driven as opposed to say, Japan where the consumer is a much lower % of gdp.

If consumers start to only spend on what they only have to have to live then we are talking big time deflation with grueling consquences for the next generation or so.

Something has to give this time. This is the worst mess the liberals have created by far.(g)

John

[jficquette]

[quote=TheBreeze]I’ve said it before and I’ll say it again: If society collapses, I’d rather have an infinite supply of canned goods and clean drinking water than an infinite supply of gold. You can’t eat gold.

Gold is nice to have in relatively stable societies, but I can’t see it having much value in a period of chaos.[/quote]

I agree. That’s why I never considered buying Gold.

In true times of chaos, bottled water, bullets, cans of food will be the currency of choice.

John

[jficquette]

[quote=TheBreeze]I’ve said it before and I’ll say it again: If society collapses, I’d rather have an infinite supply of canned goods and clean drinking water than an infinite supply of gold. You can’t eat gold.

Gold is nice to have in relatively stable societies, but I can’t see it having much value in a period of chaos.[/quote]

I agree. That’s why I never considered buying Gold.

In true times of chaos, bottled water, bullets, cans of food will be the currency of choice.

John

[jficquette]

[quote=TheBreeze]I’ve said it before and I’ll say it again: If society collapses, I’d rather have an infinite supply of canned goods and clean drinking water than an infinite supply of gold. You can’t eat gold.

Gold is nice to have in relatively stable societies, but I can’t see it having much value in a period of chaos.[/quote]

I agree. That’s why I never considered buying Gold.

In true times of chaos, bottled water, bullets, cans of food will be the currency of choice.

John

[jficquette]

[quote=TheBreeze]I’ve said it before and I’ll say it again: If society collapses, I’d rather have an infinite supply of canned goods and clean drinking water than an infinite supply of gold. You can’t eat gold.

Gold is nice to have in relatively stable societies, but I can’t see it having much value in a period of chaos.[/quote]

I agree. That’s why I never considered buying Gold.

In true times of chaos, bottled water, bullets, cans of food will be the currency of choice.

John

[jficquette]

[quote=TheBreeze]I’ve said it before and I’ll say it again: If society collapses, I’d rather have an infinite supply of canned goods and clean drinking water than an infinite supply of gold. You can’t eat gold.

Gold is nice to have in relatively stable societies, but I can’t see it having much value in a period of chaos.[/quote]

I agree. That’s why I never considered buying Gold.

In true times of chaos, bottled water, bullets, cans of food will be the currency of choice.

John

[jficquette]

You can figure out how much each appliance costs you per hour of use. We had a discussion on the cost of a Pool and I found a site where you can figure it.

If you wish, you can post the wattage each appliance uses and I can run the numbers.

If you want to do it yourself then here is a simple exercise.

Say an appliance takes 100 watts and you run it 1 hour a day and the cost per kilowatt hour (on your sd&g) is 20 cents per hour.

So 100 watt burning for an hour will cost 1/10 of a kilowatt hour (100/1000) x the rate of 20 cents or say .02 per hour, or 48 cents a day. So if you left if on for 24 hours and 30 days that 100 watt light bulb would be about $15 bucks a month.

Let me know if you want help with it.

John

PS Actually you could set up an Excel spreadsheet to make it easier. Make the columns Appliance, wattage, Hours of use, Kilowats used, cost per Kilowatt, total cost.

[jficquette]

You can figure out how much each appliance costs you per hour of use. We had a discussion on the cost of a Pool and I found a site where you can figure it.

If you wish, you can post the wattage each appliance uses and I can run the numbers.

If you want to do it yourself then here is a simple exercise.

Say an appliance takes 100 watts and you run it 1 hour a day and the cost per kilowatt hour (on your sd&g) is 20 cents per hour.

So 100 watt burning for an hour will cost 1/10 of a kilowatt hour (100/1000) x the rate of 20 cents or say .02 per hour, or 48 cents a day. So if you left if on for 24 hours and 30 days that 100 watt light bulb would be about $15 bucks a month.

Let me know if you want help with it.

John

PS Actually you could set up an Excel spreadsheet to make it easier. Make the columns Appliance, wattage, Hours of use, Kilowats used, cost per Kilowatt, total cost.

[jficquette]

You can figure out how much each appliance costs you per hour of use. We had a discussion on the cost of a Pool and I found a site where you can figure it.

If you wish, you can post the wattage each appliance uses and I can run the numbers.

If you want to do it yourself then here is a simple exercise.

Say an appliance takes 100 watts and you run it 1 hour a day and the cost per kilowatt hour (on your sd&g) is 20 cents per hour.

So 100 watt burning for an hour will cost 1/10 of a kilowatt hour (100/1000) x the rate of 20 cents or say .02 per hour, or 48 cents a day. So if you left if on for 24 hours and 30 days that 100 watt light bulb would be about $15 bucks a month.

Let me know if you want help with it.

John

PS Actually you could set up an Excel spreadsheet to make it easier. Make the columns Appliance, wattage, Hours of use, Kilowats used, cost per Kilowatt, total cost.

[jficquette]

You can figure out how much each appliance costs you per hour of use. We had a discussion on the cost of a Pool and I found a site where you can figure it.

If you wish, you can post the wattage each appliance uses and I can run the numbers.

If you want to do it yourself then here is a simple exercise.

Say an appliance takes 100 watts and you run it 1 hour a day and the cost per kilowatt hour (on your sd&g) is 20 cents per hour.

So 100 watt burning for an hour will cost 1/10 of a kilowatt hour (100/1000) x the rate of 20 cents or say .02 per hour, or 48 cents a day. So if you left if on for 24 hours and 30 days that 100 watt light bulb would be about $15 bucks a month.

Let me know if you want help with it.

John

PS Actually you could set up an Excel spreadsheet to make it easier. Make the columns Appliance, wattage, Hours of use, Kilowats used, cost per Kilowatt, total cost.

[jficquette]

You can figure out how much each appliance costs you per hour of use. We had a discussion on the cost of a Pool and I found a site where you can figure it.

If you wish, you can post the wattage each appliance uses and I can run the numbers.

If you want to do it yourself then here is a simple exercise.

Say an appliance takes 100 watts and you run it 1 hour a day and the cost per kilowatt hour (on your sd&g) is 20 cents per hour.

So 100 watt burning for an hour will cost 1/10 of a kilowatt hour (100/1000) x the rate of 20 cents or say .02 per hour, or 48 cents a day. So if you left if on for 24 hours and 30 days that 100 watt light bulb would be about $15 bucks a month.

Let me know if you want help with it.

John

PS Actually you could set up an Excel spreadsheet to make it easier. Make the columns Appliance, wattage, Hours of use, Kilowats used, cost per Kilowatt, total cost.

[Author]

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