The new $800 billion dollar bailout

[Bob Hubbard]

Yup. Good movie too.

 

[CoryKS]

Don't know if the request is tongue in cheek or not.

http://politicalticker.blogs.cnn.com/2009/01/07/porn-industry-seeks-federal-bailout

If the money will be used for Tramp Stamp removal, I'm definitely on board.

 

[GBlues]

It may be a peice of paper, but people BELEIVE in it. A loaf of bread will always be "worth" the same.

BTW, I had to do this.

Nope. Not true. Bread has gone up, every year. Remember when it was only dollar? I do, and I'm only 30. My grandmothe remembers when you could by a loaf for 20cents. Can't buy it anymore. It's worth more, costs you more money to buy it. We're screwed, and don't worry about righting your reps, doesn't do any good.

 

[Empty Hands]

Nope. Not true. Bread has gone up, every year. Remember when it was only dollar? I do, and I'm only 30. My grandmothe remembers when you could by a loaf for 20cents. Can't buy it anymore. It's worth more, costs you more money to buy it. We're screwed, and don't worry about righting your reps, doesn't do any good.

Yes, the price of bread has gone up, but due to inflation, the price of everything (including wages) has gone up. The real price adjusted for inflation of bread and most food has gone done a lot since those bygone days, particularly after the green revolution of the 70's.

 

[Makalakumu]

Yes, the price of bread has gone up, but due to inflation, the price of everything (including wages) has gone up. The real price adjusted for inflation of bread and most food has gone done a lot since those bygone days, particularly after the green revolution of the 70's.

True on both accounts. Inflation is the primary reason that the price of bread has risen. Also true that technology has made a loaf of bread easier to produce, thus "reducing" its value.

It would be interesting to study how much increases in technology combat the effects of inflation.

 

[Andy Moynihan]

I don't know what people are going to do when they wake up and realize that they are grabbing their ankles on this one. This derivative mess would have wiped out the banks who created it. It didn't matter how big you were, this was one humongous epic fail.

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