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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (99164)3/15/2013 10:45:28 PM
From: elmatador  Read Replies (1) | Respond to of 220043
 
As wages fall below inflation real economy kicks in: Apple, Caterpillar and Ford that are bringing jobs back from overseas. Salaries abroad go up. Salaries in the US go down.

The real median wage is about 8 percent below where it was in 2000.

Read more: sfgate.com

It becomes economic again to manufacture products in the US.

Real economy kicking is is good! US start having a real economy where people work to get the goods the economy need. This is good.

It is good to drill for oil and produce the energy the economy need instead of sending the USD to Canada and to the GCC countries.



To: bart13 who wrote (99164)3/15/2013 10:46:53 PM
From: Maurice Winn1 Recommendation  Read Replies (2) | Respond to of 220043
 
From $600 an ounce to $300 an ounce over 20 years is not huge deflation. That's moderate deflation, especially since the $600 was an ephemeral spike and one should consider a smoothed figure. But of course the people in control of the US$ dilution rate took the opportunity to provide themselves with loads more loot to "avoid deflation" which they think is a bad thing, though people like prices to go down, not up when they go shopping.

Uncle Al KBE opened the spigots during the Great Asian Contagion and again post-Biotelecosmictechdot.com bust so the "low" gold price [and low oil price] were short-lived.

Smoothing gold and oil prices over 40 years, we can see that gold has gone from about $40 an ounce to $1600 an ounce [x 40] and oil has gone from $2 a barrel to $80 a barrel [x 40]. That's pretty much how other prices have gone too, such as pay rates per hour [global averages, not USA pay rates which is a local measurement - I admit I am making that fact up but it's about right]. House prices in Auckland were about $10,000 per year 40 years ago and are now about $800,000 [stupid rules on building houses have forced prices up in Auckland though prices have not gone so berserk in other cities].

Mqurice