Euro almost at it's introductory value vs the Dollar!

[TCO]

Originally posted by HershOstropoler
Or gold falls to 90 $. What's "caveat-protected GP gold"? One that has no price volatility? (if it is more private, I don't want to know)

Also, it would take an infinite supply of your super-gold to "expand ad infinitum". Way more interesting to buy government bonds at 4 % - but their supply is finite too (for the moment, the current fiscal policy might change that... )

Ok, US CPI is about 2 % now. Say I offer you a 100 $ loan at 1 %. Where do you invest it? Then check how many of those options remain for "Where do you invest an infinite loan"?

Si I buy tbhe government bonds. And there interest rates are market set, no?

Cavea-protection includes large supply. And if the price drops than the CPI is not 4% (I'm using caveat-protected gold as a proxy for the basket of goods and services in the CPI).

[Kidlicious]

The CB buys the securities until the target rate is reached. There is no infinite loan.

[HershOstropoler]

You've lost me there. You could buy assets that have a nominal return at the rate of inflation. That what you mean?

A top-bet is housing. Even at your CPI-rate, that's a nominal 4 %, + say 5 % as a service. At the moment it's more like 7+5 % vs maybe 6 % nominal interest. While demand is strong, it's not infinite - neither is supply. If mortgages were at 2 %, do you think demand and supply would be infinite?

Oh, and "then".

[Kidlicious]

This is driving me crazy. The Federal Reserve has all this on their website.

[TCO]

bump

[Kidlicious]

Presure should mount on the ECB soon to weaken the Euro. Strong Euro is going to start to hurt.

[TCO]

I can't see what you say. Could a real person post here?

[Spiffor]

You can read his posts GP. He didn't say anything offensive in this thread.

[Kidlicious]

Originally posted by Spiffor
You can read his posts GP. He didn't say anything offensive in this thread.

But will he talk to me ?

[TCO]

Originally posted by Spiffor
You can read his posts GP. He didn't say anything offensive in this thread.

It's not offensiveness that I'm screening. But dumb bull major college students, who can't do math.

[Kidlicious]

I can do math by the way. It's just that a lot of it is very boring and doesn't prove anything.

[OneFootInTheGrave]

Originally posted by TheStinger
no its not

yes it is

[Kidlicious]

We're back to abuse

[The Mad Monk]

Are not!

[Kidlicious]

This is the 329th post. Therefore if I say 'yes we are' then you will have the 500th post. I won't fall for that. I hope someone else will post and then I will have a chance to be the last post and I will then say 'yes we are,' and win the debate.

So who thinks the ECB will take steps to weaken the Euro?