That's a "tricky" one. A question for you-
Let's say the US is on a 100% gold standard and the price of gold is fixed at $1000/oz. Assume 250 metric tons of gold are mined in the US every year and the current monetary base is $4 trillion. The pretendident signs an executive order to grant amnesty to enough foreigners to effectively increase the population and the economy of the US by 5%. Under this gold standard would the economy experience deflation, balance, inflation or hyperinflation?
And don't you go looking up the answer.
We're supposed to be allies with most of Europe. There's no appearance of behind kissing from the US' perspective. Quite the opposite, but if there were;
A. The US economy alone is larger than Europe.
B. US military spending makes up 1/3rd the total world military spending. We're europe's military as well,.............. and US tax payers foot most of the bill.
C. Even when we do go to war, there's no pillaging or annexing of the country or it's resources. In fact we spend to rebuild it. And we still get called imperialists, terrorists, war mongers, war criminals,... We're the worst imperialists in the history of the world. Our motto is to the loser goes the spoils. You want your country overhauled for free, go to war with the US.
After Crimea and now Ukraine (a true blatant imperialistic act), why would europe put itself in a position to become more dependent on Russia for energy?
Here's an answer.
The value of currencies are relative to each other. Other countries,... euro, yen, (btw, the Swiss franc is tied to euro, the Chinese yuan is kind of tied to the dollar)... have started or are shortly going to start a whole new round of QE to attempt to "boost their inflation rates to their 2% goal", although that's the cart before the horse.
(Nothing worse than deflationary currency. That's been Japan's problem the last 20 years until now. 70% of our economy is based on consumer spending. If the consumer knows things will be cheaper in the future, they will put off purchases. This would shut down the economy. This is part of the reason the great depression lasted so long, a strong dollar on a gold standard had no way to expand the monetary supply unless they found more gold. FDR finally did it by buying all the gold and then changing the exchange rate from $20/oz to $35/oz or thereabouts for a 75% increase in the money supply in one fell swoop. And people complain about dollar devaluations by the Fed. In the end the gold standard was abandoned.)
US Fed keeps threatening to raise interest rates. The former results in monetary supply expansion, a weakening of the currency, and the latter results in money supply contraction, a strengthening of the currency. So the value of the dollar has been rising relative to the others recently.
But it's just a temporary situation. The other weaker currencies means cheaper exports, which means the US's exports will decline, which means the economy will get weaker which means they'll have to take measures to hit an "inflationary goal of 2%", and the dollar once again start to fall.
And round and round the currency wars go.
Thanks to America hating democrat senator Dianne Frankenstein and her report, a whole bus load of kids were killed. She and the rest of the tards gave the taliban and the whole terrorist world a false reason to retaliate against the US,... hazing terrorist prisoners. 100 innocent children for depriving terrorists of sleep.
That's kind of like bonobo's GITMO swap, 1 traitor for 5 WTC terrorists.
democrat tardism is a mental disease. The good news is evolution will weed out these morons. The bad news is, too much of the good genetic material of non-tards will go with it.
Preferential treatment because of the color of your skin only applies to modern day oprahized, victimized, feminized, entitlementized,.... blacks. They are the one minority group of all other minority groups who have come to the US and prospered, that just doesn't seem to have in their make up the pride, dignity, the drive, the work ethic, the ambition to achieve prosperity,.... through legal means anyway.
I see the tards are finally waking up, crawling out of their section 8 housing beds, logging on to their tax payer funded computer and thumbs downing any post that is counter to their America hating terrorist sympathizing indoctrination.
The first 2 enemies only attack the US with suicidal planes, car bombs, personal suicide bombs, video tape American and ally beheadings overseas, beheading Americans on American soil.
The democrat tard politician enemy attacks America on American soil from the inside of congress and the white house by authoring a report to Americans and the rest of the world, friend and foe alike, a report that outside terrorists would be proud to submit, that claims sleep deprivation and water boarding are torture and that these things didn't provide any useful information.
Dianne Feinstein, Dem Senator, released a 500-page report (drafted by terrorist defense attorneys) summary detailing "ghastly" interrogation practices by the CIA which she and others say amount to torture of detainees.
It capped a years-long effort to investigate and expose the enhanced interrogation techniques of the Central Intelligence Agency,.....(of course she had no selfish motive)...... whose leaders she infuriated last March when she dropped a bombshell by publicly accusing its agents of spying on Senate computers.
Worse, now terrorists held at GITMO, ones that would kill any American they could, have to be treated with kit gloves. Further, the hague an institution a half a million Americans died for so that could exist would arrest many Americans military and politician alike for war crimes getting information through "ghastly" means many college students do to themselves voluntarily every weekend (ie go without sleep, listen to loud music, haze each other,...) for fighting terror on the rest of the world's behalf.
Tards are no doubt America's worst enemy.
You sound like, in spite of C diluting its shares 10 or 20 fold in order to pay back TARP and raise money to meet capital requirements, you believed Cramer when he said $12 in '12 (although $12 pre-rs or $120 post-rs would give C the unwarranted largest market cap in the world at the time of about $360 billion) buy buy buy and bought bought bought.
With freedom comes taking responsibility for the results of your actions. Those who supported C's flagrantly risky activities by owning the stock before the financial collapse deserve paying for the consequences of those activities after the financial collapse.
AAPL earns over $40 billion per year every year. Its stock price reflects it. It deserves to have the largest market cap in the world. C's stock price reflects probably more than it deserves. The market works just fine.
BERKELEY, Calif. (AP) — Three cardboard cutouts of black people were found hanging by nooses Saturday on the Berkeley campus of the University of California. School spokeswoman Amy Hamaoui said police are trying to determine who hanged the effigies that were found at two prominent campus locations Saturday morning. Hamaoui said it's unclear who hanged the effigies. "We are unsure of the intent," Hamaoui said.
Two of the effigies were removed by police and a student took down the third.
All 3 were taken to the UC Berkley Hospital for monitoring and are resting in fair condition. A spokesman said they are in talks with their effiging attorneys about a possible lawsuit. They want to hold the mother effigers responsible for the hanging,.... responsible for the hangings. An effigy of Al Sharpton is expected to arrive and be hung at the campus on Sunday to initiate a million effigy hanging march.... (Actually it'll be more like a swinging than a march.)
President effigy obama was quoted as saying that we should wait for the grand jury's decision on whether if hangings in effigies are real crimes or not, but if effigy hanging protestors are going to take to the streets, as they have the right and obligation to do in order maintain the effigal racial party line and therefore victim status and therefore tax payer funded entitlements and welfare, they should loot, pillage and burn in as a nonviolent manner as is possible when you're looting, pillaging and burning other people's property.
That's just the tip of your insanity iceberg. There's your 15,000 yr humanity cycle, some other nonsense you reference in a book whose title starts with "Alchemic,... something or other and the first line of the first chapter starts "We come here from the planet..." or something.
They didn't test an unmanned Enola Gay flight over Japan before they dropped the bomb to end the war, so by your lunar lander take off in a gravitational field not 6 times, but 1/6th that of earth's logic, they were never dropped.
There weren't trillion dollar increases in taxes,.... or debt as a result of bailing out the banks. TARP funded the bank bailouts to the tune of about $350 billion. TARP was paid back to tax payers with a profit. The banks paid back TARP by issuing secondaries and therefore why C stock is still 90% below its all time high. In short, C bagholders, those that senselessly think C is going back to $580, $200, $107, $105,.... paid to bailout C. Same with BAC bagholders.
There ARE trillions of dollar, $7 trillion and rising to be exact, increases in debt and therefore future taxes, or dollar deterioration, as a result of bonobo and the tards spending on the welfare state to enslave 47% of the population to the dems.
Btw, if the banks had bought credit default swaps against those subprime no doc no down loans (actually BAC was another successful party of the second part to AIG who did buy CDS'es) they were prodded by the govt to make, they, C in particular, wouldn't be in the position they've been in the last 7 or 8 years.
You very well could be committed to a psychiatric ward, possibly even his room mate, if you find yourself wondering, thinking, believing, agreeing with,... anything sky_walker has to say.
Everybody and their brother trades derivatives and have been for thousands of years. Problems arise only when one of the parties of the parts, the party of the first part or the party of the secondpart, can't pay their part if they lose. But when used as a hedge, by definition, neither party can lose. Or more accurately, your loss on one leg, is voided by the gain on the other leg. Which gives banks a tingle up their legs when hedging against higher interest rates on their portfolio of say 3 or 4% loans.
Banks didn't get creamed with derivatives. Investment banks, AIG (the antithesis of which was GS, the successful party of the second part),... did., but banks got creamed with subprime mortgage defaults.
Not sure what "ICF" construction has to do with anything but, as less than perspicacious as you are about C, particularly your insistence that it was going to $580 not so long ago, and therefore economics and finance in general, it's a pretty sure bet these properties you say you have weren't earned via investment or otherwise. I would guess inheritance.
To imply you can't post on this board unless you have all of your money in C supports the inheritance theory. Most people come to these boards for entertainment. Kind of like twitter, except you have a little more writing room and you can't post links anymore under the watchful eye of yahootard censors. The last thing you do due on a message board is get "due diligence". If you think that, I've got a "mountain house on one of the peaks on the East Coast on acreage and a farm in South Carolina under management" I'd like to sell you.
Without a doubt bonobo us the worst president in US history.
Blacksare worse off now than at anytime in the last 50 years. After whites elected thisdinbass, he and attorney genital holder Holder have generated more racism in the last 50 years.
An affirmative action experiment gone horribly awry.
A buck and change, even the 52 week high of $56.95, is well within milt's margin of error especially considering there are several on here who think it's going over $100. Some even think it's already back to it's 2007 highs. They're just slightly off by 90%.
It's the 6th or 7th inning of the xmas rally and C is still only up 10% while aapl is up over 30%. If it gets over $60 it might be time to crow, but time is running out. Q4 earnings disappointment's is just a month away.
Obviously, you're not a Democrat in terms of a JFK Democrat. You're even below the modern day democrat tard. The pretendident gets all credit for not only screwing this up but his complete failure as pretendident the last 6 years. Even Schumer says it was a mistake to focus on his legacy unaffordable care act aka bonobocare.
A. The south African was to be released the next day. Thanks to your leader, bonobo, he's dead.
B. bonobo didn't hesitate to take credit for Obama Bin Laden. Just as he hasn't hesitated to step into and amplify racial tensions in the US in spite of court objective non racial rulings. Ergo the connection of the 2 parallel situations.
Now get off your childmolestingfather's computer before he gets madandmolests you again.
"" Who was his victim? Society, or the seven year old girl? His debt should be unto her, not to the punishment monopoly of the State...... "
They leave that to the civil courts. Unfortunately, most murderers aren't millionaires and couldn't pay damages. They tend to focus their time in endeavors that aren't real profitable. They get away with murder, as the saying goes.
OJ was an exception. Early on he focused on profitable activities, then switched to the not so profitable murder industry. He also got away with murder in the criminal courts, with the "if the glove don't fit, you must acquit" black crime rhyme defense, but he paid in the civilized civil courts.