Thread: Economics The "Fed"
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Old 02-26-2014, 08:23 PM   #63
petegz28 petegz28 is offline
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Join Date: Feb 2005
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Quote:
Originally Posted by KC native View Post
Commodities were down 9% in 2013 (Dow Jones UBS commodity index).
In fact let's elaborate on this....1 year as you know is not a very long time. Secondly are you advocating that these super low interest rates are actually benefiting the everyday person? If so, how? How is eroding the value of the $ creating more spending power for the middle and lower classes? How is a savings account paying .02% beneficial when inflation is between 1.5%-2.0%?
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Originally Posted by petegz28 View Post
Okay, Hootie...I will take you up on your bet....

if the Royals win the division I will donate $20 to CP...
if the Royals don't win the division you will donate $200 to CP...
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Originally Posted by Hootie 2.0 View Post
Deal.
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