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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (939587)6/12/2016 10:14:41 PM
From: Bonefish2 Recommendations

Recommended By
FJB
RetiredNow

  Respond to of 1574575
 
Student loan debt bubble too. Government created.



To: RetiredNow who wrote (939587)6/12/2016 10:14:51 PM
From: Mongo2116  Read Replies (1) | Respond to of 1574575
 
well I am in the 99% and not complaining NOR THOSE I know....so what does a so called 1 percenter know about the rest of us....NOT A THING!!! Sometimes you have to take your medicine to begin the healing....or die!! If there is payback for this we will deal with it.....why fear what hasn't happened...thats what cowards do



To: RetiredNow who wrote (939587)6/13/2016 6:43:37 PM
From: PKRBKR  Read Replies (1) | Respond to of 1574575
 
You have no idea what you are talking about. When the monetarists at the Fed flood the markets with zero interest loans and print money, that puts massive upward pressure on all asset prices including real estate and the stock market. That is what you are seeing. However, asset price inflation is not the same thing as a healthy economy. Asset price inflation is GREAT for the asset holders like me, the 1% and richer. However, it is TERRIBLE for the 99%, who get priced out of homes, have to pay higher rent when they can't afford to buy, and find out all manner of goods cost more, even as their wages stagnate.

Pardon if I disagree a little. Who's to say what the right level of rates are? Right now the market is pretty much driving rates so the Fed's actions have done little of late. Certainly assets purchased on credit will inflate but so what. We are now at a new normal and why shouldn't interest rates be as low as possible. They are essentially another tax so the lower the better. I'm not certain how this pertains to stagnant wages. I think Obamacare, Dodd-Frank, et al have more to do with that.



To: RetiredNow who wrote (939587)6/14/2016 6:13:33 AM
From: Mongo2116  Read Replies (2) | Respond to of 1574575
 
yeah....we are doing so bad!!! lmao!!

Giving USA: Americans Donated an Estimated $358.38 Billion to Charity in 2014; Highest Total in Report’s 60-year History