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Ashland

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Posts posted by Ashland

  1. Okay.  Here goes:

     

    Money has time value.  One dollar is worth more to you now than it will be a day from now because you can use it now.  One dollar a day from now might be worth only, say, 99 cents today.  So if you want people to give you more money, you offer them MORE lucrative rates, not less lucrative rates.  And if you want money, why would you limit people to what they can buy?  That is, if these bonds are profitable for you, which I doubt given that you're only taking them out for two days.  A 20% return in two days would be, I think, quite impossible.

     

    In conclusion, I'm not going to trust you with my money haha.

  2. Okay.  For those of you saying aluminum/whatever is better than food... just do me a favor.

     

    Take the amount that each unit of food sells for and divide that by the amount each unit costs you to produce.  Then take the amount that aluminum sells for and divide it by the amount each unit costs you to produce.  Discuss your findings and what they mean.

  3. $150 is quite high, but it was pushing $100 pre-war and $75 was a steal.

     

    What will make the markets interesting is there does come a time when it's actually better to buy most of these things, followed by a time when you should produce everything because you have so many slots after you hit 100% commerce.  But that inbetween period should make a good market for everyone.

    That just seems weird to me.

  4. Placentica,

     

    Minimum wage hasn't risen since 2009. US Inflation rate has risen every month since December. Also worthy of note: The month of our last minimum wage increase: Inflation was -2.1%, average for 2009 was -0.34%. Based on these numbers it looks like raising wages didn't increase inflation, but rather decreased it. The minimum wage increase in 2007 showed the lowest July inflation rate since 2003. 2008 had the market crash, which attributed largely to the increased inflation rate (highest July, even with an increase in wages, since the 80's). No doubt exists in my mind that some, if not most, of the -2.1% in July 2009 was from the market rebounding, but you can't deny that these numbers are intriguing.

     

    http://inflationdata.com/inflation/Inflation_Rate/HistoricalInflation.aspx

    http://www.dol.gov/whd/minwage/chart.htm

     

    I'll go back through this when I have more time to see if there's actually an increase or decrease (or if they're not connected) between increases and wages and the inflation rate. It'll be interesting to see the outcome.

    Yes, good, so we're decreasing it via attrition.  Good.  We should KEEP doing that.  If it keeps happening, it will eventually be abolished.  Yippee!

     

    Placentica:

     

    You know who earns eight dollars an hour?  Teenagers with no skills.  They're worth less than minimum wage.  Period.  When I was a teenager, my time was worth way less than minimum wage.  I was a shitty employee.  I'd never even worked before.  I wasn't good at my job.  I didn't care.  I didn't take it seriously.

     

    Teenagers are stupid and horrible employees with no skills.  But once they start working, they get skills.  I'm mostly through college now and my time is worth considerably more.  I would not touch a minimum wage job.  I work for 22 dollars an hour now.  But when I was a teenager?  I was definitely worth less than 8 bucks.  Maybe five dollars an hour.

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