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Thread: For those seeking something to worry about, keep an eye on the financials

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    Avalon Retired Member Kulapops's Avatar
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    Default Re: For those seeking something to worry about, keep an eye on the financials

    Here's an interesting article on finance and history....

    http://www.globalresearch.ca/index.p...t=va&aid=21504

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    Avalon Retired Member Kulapops's Avatar
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    Default Re: For those seeking something to worry about, keep an eye on the financials

    Yet more banking fun....

    gold toilets indeed ! Love the animated gif at the start of this piece on the 'Great Bank Robbery'....

    http://www.globalresearch.ca/index.p...t=va&aid=21882

    K

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    Avalon Retired Member Kulapops's Avatar
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    Default Re: For those seeking something to worry about, keep an eye on the financials

    Another expalanation of what's going on. All you need to know about Quantitative Easing. Might need watching twice to fully get it... but it's beautifully dry...

    and you might learn something... like... 20% of Americans can't find America on a map ?! C'mon guys ! ;0) lol


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    Avalon Retired Member Kulapops's Avatar
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    Default Re: For those seeking something to worry about, keep an eye on the financials

    Interesting to note that inflation is now at 3.2% , whereas interest rates are at 0.5% (much less if you have a business account).

    Hmm.. this is not a couple of percentage points. This means that any savings you own are being eroded by the cost of living being six times what you are earning on savings.

    Hmm.. so you get £5 back on your £1000 savings... and meanwhile £1000 groceries now costs you £1032. Take off the £5 and this means for the following year, your £1000 is now worth £1000- £27 = £973

    So this is what inflation means... it's not that the prices of things go up, but that the money you own is worth less

    Worthless, geddit ?

    :0)

    In some ways, this should encourage you to spend on non perishable goods, because anything you buy today will be cheaper than it will be next year, whereas money in your bank account will have less value than it does today.

    No need to thank me, Kulapops financial advice is free and risky

    http://www.bbc.co.uk/news/business-11764588

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    Default Re: For those seeking something to worry about, keep an eye on the financials

    Quote Posted by Kulapops (here)
    Another expalanation of what's going on.
    THANK YOU SOOOOO MUCH.

    now that was clear!

    i loved the dryness of it too lol

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    Default Re: For those seeking something to worry about, keep an eye on the financials

    don't you love when a President's senior adviser says...

    Quote However, these days the Fed is often the only part of the government that works effectively -- which is like flying a plane on one remaining engine: You do not want to shut it down.

    Tea Party vs Fed

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    Default Re: For those seeking something to worry about, keep an eye on the financials

    Quote Posted by Rocky_Shorz (here)
    don't you love when a President's senior adviser says...
    One should ask why they got on that plane in the first place, knowing that it was designed by clueless git to be used in Venusian atmosphere, and run on High Hopes That It will Not Hit The Fan On My Watch...

    Never trust a designer, who's motto was "On the long run we are all dead"

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    Costa Rica Avalon Member angel in disguise's Avatar
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    Default Re: For those seeking something to worry about, keep an eye on the financials

    So great to be posting again... Found an interesting news piece on New World Currency, thought i'd share

    http://money.ca.msn.com/video/?cp-do...4-0c427195b112

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    England Avalon Member Connecting with Sauce's Avatar
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    Default Re: For those seeking something to worry about, keep an eye on the financials

    Quote Posted by Kulapops (here)
    I love the idea that a bank 'creates' the money for your mortgatge, the moment you ask for it !

    At the same point there is a quote about colateral... and it includes a baby... A little worrying, but true I suppose with "Berth certificate" enslaving the future person.

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