To: steve50
"I'm not so sure. It's lost about 1/2 it's value over the last few years, we're calling it a stock market rally."
If the dollar has lost half its value, why haven't prices doubled? I think your statement is overbroad.
To: Capt. Jake
If the dollar has lost half its value, why haven't prices doubled? I think your statement is overbroad.Take a look at your car, home, health insurence and figure the inflation rate off them. We can't base our opinions on government statistics, we've known they cook them for decades. We got cheap imported electronics and that's about it.
22 posted on
01/16/2004 6:32:09 AM PST by
steve50
("There is Tranquility in Ignorance, but Servitude is its Partner.")
To: Capt. Jake
Fly to Europe and you'll see the effect.
You wanna hear about state sponsored robbery?
My business partner is Dutch, and was telling me about what happened when the Euro replaced all of the local currencies.
In Holland, the exchange rate was about 2 guilders to the Euro. The day it happened, everyone was expecting prices to be adjusted with the currency. Didn't happen. All that happened was the replacement of the symbol for the new currency.
Same happened with taxes, fees, everything.
37 posted on
01/16/2004 6:56:05 AM PST by
RinaseaofDs
(Only those who dare truly live - CGA 88 Class Motto)
To: Capt. Jake
If the dollar has lost half its value, why haven't prices doubled? I think your statement is overbroad. Try buying something that isn't made by Asians of the third world: Gasoline, natual gas, steak (even before mad cow), chicken, gold, silver, copper, all flavors of insurance, electricity. Pretty much, those things and just about everything that you NEED to live have gone up considerably.
59 posted on
01/16/2004 7:44:12 AM PST by
Orangedog
(An optimist is someone who tells you to 'cheer up' when things are going his way)
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