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Thread: Dollar index hits 3-year low after U.S. ISM services data

  1. #11
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    Re: Dollar index hits 3-year low after U.S. ISM services data

    Quote Originally Posted by Erod View Post
    You find this difficult to grasp?
    I understand hyper-inflation very well, do you? The US is no where near getting hyper-inflation and chances are slim to non it will happen. Hence why worry about it?
    PeteEU

  2. #12
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    Re: Dollar index hits 3-year low after U.S. ISM services data

    today:

    The Treasury has told lawmakers a roughly $2 trillion rise in the legal limit on federal debt would be needed to ensure the government can keep borrowing through the 2012 presidential election, sources with knowledge of the discussions said.
    Treasury suggests $2 trillion debt cap raise | Reuters

    leadership, anyone?
    Last edited by The Prof; 05-04-11 at 08:30 PM.

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    Re: Dollar index hits 3-year low after U.S. ISM services data

    Still no response from prof on why previous calculations of inflation are relevant today.

    In what way does the old measure of inflation factor for the spending allocations Americans face today? Let's take health care for example; in 1993 total health care spending was $921.3 billion or $3,502 per capita, factored for inflation. It accounted for 11% of GDP.
    Perhaps you'd like a second chance?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Dollar index hits 3-year low after U.S. ISM services data

    more short term volatility, today:

    New Jobless Claims Hit 8 Month High - Yahoo! News

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    Re: Dollar index hits 3-year low after U.S. ISM services data

    Quote Originally Posted by The Prof View Post
    more short term volatility, today:

    New Jobless Claims Hit 8 Month High - Yahoo! News
    Posting an article does not refute my previous statement; perhaps your efforts should be invested in actually responding as opposed to running away while throwing links?

    How are previous calculations of inflation relevant today?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  6. #16
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    Re: Dollar index hits 3-year low after U.S. ISM services data

    double post
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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