when inflation comes blame big government

Discussion in 'Economics' started by zdreg, Apr 2, 2011.

who should be blamed

  1. big government

    8 vote(s)
    47.1%
  2. big business

    4 vote(s)
    23.5%
  3. the federal reserve

    5 vote(s)
    29.4%
  4. inflation will not come in the next 5 years

    0 vote(s)
    0.0%
  1. the1

    the1

    There's something about compounding interest that gives me a boner. Had you invested a $1 during that 200 years that inflation destroyed that dollar you'd have 115,126 dollars. Or, better yet, invest $1 per year at that rate and you have a whopping 1,918,748 dollars. Damn, that's a lot of dollars. Please don't make me adjust that for inflation because you'll kill my boner. :D

    Moral of the story. Just save dollars and don't worry too much about inflation. How does that saying go? A dollar saved is a dollar....earned. Who said that again? Oh yeah, the guy whos mug shot sits on $100's.

     
    #11     Apr 3, 2011

  2. the fed is is not part of the government. It was intentionality created to isolate itself from government politicing
     
    #12     Apr 3, 2011
  3. in 1626 we bought manhattan island off the indians for about $24 worth of trinkets. They say if you invested that money at 8%, it would still be enough to buy manhattan island today.
     
    #13     Apr 3, 2011