Stock Market Shenanigans

[SuburbanFarmer]

Where the hell do you get 10% credit cards?? I'm getting offers at 23-26%. Fucking criminals.

Initial introductory rates, does your credit suck?

Oh yeah. I don't fall for those because I'm not an idiot. The rate after the fluffer is what counts.

[doc_loliday]

I pay for everything with my CCs, 3-5% back, free money.

[SuburbanFarmer]

I pay for everything with my CCs, 3-5% back, free money.

As long as you pay it off every month forever, and never have an emergency, yeah.

[jbird4049]

Where the hell do you get 10% credit cards?? I'm getting offers at 23-26%. Fucking criminals.

Initial introductory rates, does your credit suck?

And credit unions as opposed to banks tend to offer lower rates too. It's not 10% teaser, but more like a permanent 11-15%, but I think the credit limits are lower too.

[jbird4049]

There has been no steady growth. The economy has alternated between growth and recession since the great depression There has been no smoothing of this trend, and you'd be hard pressed to say that we've done better than laisse faire. I'm not suggesting that we shouldn't attempt to regulate the market at all, but saying there has been a period of sustained growth is simply not true.

Boom/bust yes, but with more boom than bust. Just about everyone was steadily increasing their income from about 1945 to 1975, regardless of class or race.

[brewster]

There has been no steady growth. The economy has alternated between growth and recession since the great depression There has been no smoothing of this trend, and you'd be hard pressed to say that we've done better than laisse faire. I'm not suggesting that we shouldn't attempt to regulate the market at all, but saying there has been a period of sustained growth is simply not true.

There's a whole lot more white than gray in this chart. Recalibrate your perception.



Here's another pretty picture. That UP line is the steady growth you contend didn't happen.

[SuburbanFarmer]

There has been no steady growth. The economy has alternated between growth and recession since the great depression There has been no smoothing of this trend, and you'd be hard pressed to say that we've done better than laisse faire. I'm not suggesting that we shouldn't attempt to regulate the market at all, but saying there has been a period of sustained growth is simply not true.

There's a whole lot more white than gray in this chart. Recalibrate your perception.



Here's another pretty picture. That UP line is the steady growth you contend didn't happen.

Are those inflation-adjusted?

Also, look at what GDP measures. It's not a rising tide for all boats.

[brewster]

There has been no steady growth. The economy has alternated between growth and recession since the great depression There has been no smoothing of this trend, and you'd be hard pressed to say that we've done better than laisse faire. I'm not suggesting that we shouldn't attempt to regulate the market at all, but saying there has been a period of sustained growth is simply not true.

There's a whole lot more white than gray in this chart. Recalibrate your perception.



Here's another pretty picture. That UP line is the steady growth you contend didn't happen.

Are those inflation-adjusted?

Also, look at what GDP measures. It's not a rising tide for all boats.

Like all tools it's not perfect, but it measures gross growth of the economy. The 1st graph is YoY growth, and so doesn't need inflation adjustment, the 2nd says it's in 2009 dollars, so yes it's inflation adjusted. And it's per capita, the actual growth would be dramatically more if not adjusted for that since the population nearly doubled during that period.

[doc_loliday]

You misunderstand me, you said that prior to the great depression it was up and down and after it was steady. That's not true, it was growth/recession with an overall upward trajectory, and the same is true now. Our track record for smoothing that out, which is one of the primary reasons for managing the economy is quite poor.

[heydaralon]

I pay for everything with my CCs, 3-5% back, free money.

As long as you pay it off every month forever, and never have an emergency, yeah.

if you are trying to make some serious cash, I need to talk to you about Amway. I already got a bunch of people on here to get in with me on the ground floor of this and we just need a few more people before we sail off into our dream life. Do you have any family or friends? Please be sure to tell them about this once-in-a-lifetime chance for financial independence!