09-08-2012, 11:45 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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I just borrowed money at 1.99% for a year that I can repay in that time -- inflation is really like 6% a year now. So, I use that money and make 4% -- better than what a CD pays for a year.
Bullshit and we all know it LOL 
Quote:
CONSUMER PRICE INDEX ? JULY 2012
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.4 percent before seasonal adjustment.
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Been to the grocery store this week? Bought gasoline?
1-year CD
1.10% APY ($1000 min. balance)
Who is zooming who?
TY Ben Bernake 
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