Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
QE is doing nothgin but artificially keeping us afloat. It is only a matter of time before the markets (housing and stock ) correct hard again. The dollar is becoming worthless.
There is a good advice one can give another; before making flagrant statements about numbers, actually look at the numbers. The dollar is not becoming worthless. In fact, the value of the dollar hasn't varied very much in over five years.
Many pundits said at the onset of the recession that it would take many years to get out of this. Something like an average of 200,000 new jobs created each month.
As long as the Fed keeps "buying" bonds each month we will never start to improve.
On the ohter hand it does apear that long term int rates are creeping up.
Imagine the public outrage when interest rates eventually return to something resembling normal?
There is a good advice one can give another; before making flagrant statements about numbers, actually look at the numbers. The dollar is not becoming worthless. In fact, the value of the dollar hasn't varied very much in over five years.
median household income 1999.....40,985
median household income 2001.....42,458
median household income 2004.....44,544
median household income 2006.....49,317
median household income 2007.....52,341
median household income 2008.....53,644
median household income 2009.....53,285
median household income 2010.....51,892
median household income 2011.....51,100
median household income 2012.....51,071
median household income 1999.....40,985
median household income 2001.....42,458
median household income 2004.....44,544
median household income 2006.....49,317
median household income 2007.....52,341
median household income 2008.....53,644
median household income 2009.....53,285
median household income 2010.....51,892
median household income 2011.....51,100
median household income 2012.....51,071
inflation adjustments?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.