Thank you. I love your avatar BTW.Quote:
Originally Posted by aXa
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Thank you. I love your avatar BTW.Quote:
Originally Posted by aXa
The Fed are doing what they do best because it's all they know how.
Used to be, productivity got too high, there was a glut of inventory, so they laid off the manufacturing. Drop the price of money, people buy up the inventory, they need to make more, so they rehire people, rinse lather repeat.
As you say, someone in Minsk doesn't give a shit about the %APR, especially when 2.5% prime rate means the BANK makes MORE PROFIT jacking someone's CC rate up to 29%.
That sucks.
Well, frankly, we're running out of "stuff"
and we've been running up this idea that more people will pay for more stuff later.
what's up with this word "The FED"? Since when did it become singular? it always used to be plural. such as "what happen to Joe?" "Oh, the Feds raided his house and took all his weed."
what's everyone talking 'bout?...............only reason the economies seems to be in bad shape is because people listen to the news
They're talking about the different skin mags right now, and I'd like to add, for continuity that I grew up in the county Larry Flynt of Hustler did, and went to school with his nephew Dustin Flynt, I was his first crush in this county's grade school.
...watching the show, I think its funny.
I was buying the Hustler beavers patches and the hustler kisses patches for a dollar with my lunch money in school.....WITH NO IDEA WHAT THEY MEANT AT THE TIME....
I WISH I STILL HAD KEPT ONE OR TWO OF THOSE PATCHES!!!!
Mom bout killed me at the time, but I had no idea why!!!
Quote:
Originally Posted by Morning Glory
Fed singular is the Federal Reserve, which governs much of how banks set things like mortgage rates.
Feds plural generally refers to agents of the Federal Bureau of Investigation and associated folks, as in the example above.
Lay down the law Amelia!
thanks, Amelia, that really clears it up.