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Re: ergo sum post# 200462

Monday, 04/01/2013 1:08:52 PM

Monday, April 01, 2013 1:08:52 PM

Post# of 576020
are you paying under 2 bucks for this >


if it is really a gallon you get for under $2 then that is just some loss leader, not what we are talking about.

Sure productivity has increased and globalization has brought more access to low cost goods and services but even with all that, you can track inflation by the hard assets like real estate. An average home that cost 30 or 40k in the early seventies is now 3 or 4 hundred thousand. Cars were 3k now 40k so we have had are having and will have inflation. That is the model our system works on. Debt and Inflation make the world go round. My problem is not with that it is the lawless or above the law situation where banks, large corporations and many individuals are allowed to opperate due to the systemic threat their procecution would present to the fragile money as debt system. None of the(BIG)culprits from the "Financial Crisis" of 2008 have been brought up and Eric Holder has told us that they won't be due to the admin. fear. Jack Bogle (Vanguard) a pretty good source, just said the Fed has kept money cheap for so long, even back to 99 really, and has caused or allowed malinvestment of speculators along with all the derivatives which would not be feasable with more expensive carry costs ie higher inerests rates. While savers get killed with no return, speculators get a pass to gamble away the value of our economy. http://video.cnbc.com/gallery/?play=1&video=3000158038

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