Since this is liable to attract some of the boards Australian readers, let me say:
1. Thank you for Air Supply - they still rock
2. WTH is up with Vegemite?
3. Congratulations on your newfound wealth by default.
The Aus Dollar recently hit $US0.8900 against the US Dollar which is dropping like a bad habit due to the neo-Keynesian policy of wallowing in filthy-filthy debt like a pig in dookie whilst congratulating ourselves on the new era of digital alchemy (attempting to turn lead into gold and the ensuing inflation which is a monetary cancer).
The Canadian Dollar (The aptly named Loonie), as you may recall, passed the USD a few months ago although they're rightfully pissed that consumer goods there still cost more. For instance, we see magazine covers that say Price: $5.00 US/$15.00 Can. That was to address the disparity in the dollars strength which has vanished like Brittney's good sense. But you don't see manufacturers in a hurry to change it and why should they (I'm being facetious here BTW), the current financial structure is nothing more that a wealth transfer. We'll all be poor sooner or later.
Among the other good news today, Tyson chicken is jacking up prices in response to higher costs - a trend you see everywhere at the supermarket (10-30% increases) while your paychecks (or allowances for Linki) are nominally stagnant.
And ATM fees will now increase because (going from memory) "during tough economic times, the banks have to make up for it by nickle and diming customers". Hell they do that during good times too.
So I will sign off with a great quote from a wonderful "B" movie: Hamburger the Motion Picture - "Grab the cash and save your a**". Go rent it if you still have a VHS player. kthxbye
Disclaimer: This is not investment advice. If you listen to me then you deserve what you get.
1. Thank you for Air Supply - they still rock
2. WTH is up with Vegemite?
3. Congratulations on your newfound wealth by default.
The Aus Dollar recently hit $US0.8900 against the US Dollar which is dropping like a bad habit due to the neo-Keynesian policy of wallowing in filthy-filthy debt like a pig in dookie whilst congratulating ourselves on the new era of digital alchemy (attempting to turn lead into gold and the ensuing inflation which is a monetary cancer).
The Canadian Dollar (The aptly named Loonie), as you may recall, passed the USD a few months ago although they're rightfully pissed that consumer goods there still cost more. For instance, we see magazine covers that say Price: $5.00 US/$15.00 Can. That was to address the disparity in the dollars strength which has vanished like Brittney's good sense. But you don't see manufacturers in a hurry to change it and why should they (I'm being facetious here BTW), the current financial structure is nothing more that a wealth transfer. We'll all be poor sooner or later.
Among the other good news today, Tyson chicken is jacking up prices in response to higher costs - a trend you see everywhere at the supermarket (10-30% increases) while your paychecks (or allowances for Linki) are nominally stagnant.
And ATM fees will now increase because (going from memory) "during tough economic times, the banks have to make up for it by nickle and diming customers". Hell they do that during good times too.
So I will sign off with a great quote from a wonderful "B" movie: Hamburger the Motion Picture - "Grab the cash and save your a**". Go rent it if you still have a VHS player. kthxbye
Disclaimer: This is not investment advice. If you listen to me then you deserve what you get.
