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Old 01-30-2016, 11:37 AM
 
Location: SoCal
20,160 posts, read 12,715,855 times
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Quote:
Originally Posted by gwynedd1 View Post
Sales taxes go up and bankers get a rebates. Democracy is truly dead .
Let's move to China or Russia where you can experience true Democracy.
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Old 01-30-2016, 11:46 AM
 
4,231 posts, read 3,545,208 times
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Quote:
Originally Posted by NewbieHere View Post
Let's move to China or Russia where you can experience true Democracy.
I'd prefer Ireland or New Zealand maybe.
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Old 01-30-2016, 11:51 AM
 
Location: SoCal
20,160 posts, read 12,715,855 times
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Quote:
Originally Posted by J.Thomas View Post
I'd prefer Ireland or New Zealand maybe.
New Zealand is nice, I've been there. But it's a little bit quiet.
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Old 01-30-2016, 02:26 PM
 
Location: Clinton Township, MI
1,901 posts, read 1,822,698 times
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Quote:
Originally Posted by NewbieHere View Post
Market went up due to rebalancing in some mutual funds,
^^ Hahaha, yeah and I'm the Easter Bunny pal! Stop deluding yourself lol.
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Old 01-30-2016, 02:39 PM
 
Location: SoCal
20,160 posts, read 12,715,855 times
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Quote:
Originally Posted by jotucker99 View Post
^^ Hahaha, yeah and I'm the Easter Bunny pal! Stop deluding yourself lol.
Actually it was in the wsj. I had to buy because it was the end of the month. How the CDs doing for you?
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Old 01-30-2016, 02:55 PM
 
Location: Clinton Township, MI
1,901 posts, read 1,822,698 times
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Originally Posted by NewbieHere View Post
Actually it was in the wsj. I had to buy because it was the end of the month. How the CDs doing for you?
The same fixed rate they've been doing, but the question is HOW WAS the stock market doing for you all month BEFORE the Central Bankers came in and artificially raised it up again ?
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Old 01-30-2016, 03:05 PM
 
Location: SoCal
20,160 posts, read 12,715,855 times
Reputation: 16993
Quote:
Originally Posted by jotucker99 View Post
The same fixed rate they've been doing, but the question is HOW WAS the stock market doing for you all month BEFORE the Central Bankers came in and artificially raised it up again ?
The same as it always does especially if you set up the right asset allocation.
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Old 01-30-2016, 11:08 PM
 
13 posts, read 25,108 times
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As a road map to the future, read up on Denmark and Sweden. Cash is the next thing to go in a few years. If cash is made impractical, and digital currency becomes required for most things, then your medium of exchange MUST be held through a bank. And then, the all banks can freely go to negative rates, stealing your money little by little, and there's nothing anyone can do about it (except put your money in the market, where it may disappear faster). Only when everyone is locked into such a system, and once the last, faintest hint of value is squeezed out by the central banks via creating money from nothing, can the whole thing be intentionally crashed, all the hopelessly unpayable piles of debt expunged, and the game started anew with some new (digital) currency system.
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Old 01-31-2016, 04:28 AM
 
Location: Chicago
5,559 posts, read 4,616,351 times
Reputation: 2202
Quote:
Originally Posted by thatdudebob View Post
As a road map to the future, read up on Denmark and Sweden. Cash is the next thing to go in a few years. If cash is made impractical, and digital currency becomes required for most things, then your medium of exchange MUST be held through a bank. And then, the all banks can freely go to negative rates, stealing your money little by little, and there's nothing anyone can do about it (except put your money in the market, where it may disappear faster). Only when everyone is locked into such a system, and once the last, faintest hint of value is squeezed out by the central banks via creating money from nothing, can the whole thing be intentionally crashed, all the hopelessly unpayable piles of debt expunged, and the game started anew with some new (digital) currency system.
It's crazy how the Fed made itself one of the world's largest economies over night simply by printing trillions of dollars. Not one drop off sweat shed in their endeavor.
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Old 01-31-2016, 11:03 AM
 
4,231 posts, read 3,545,208 times
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Originally Posted by richrf View Post
It's crazy how the Fed made itself one of the world's largest economies over night simply by printing trillions of dollars. Not one drop off sweat shed in their endeavor.
FED's balance sheet is as big as Germany's GDP

Maybe we should buy Germany with that

Best investment ever!!
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