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Old 09-08-2012, 11:45 AM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
Location: Global
Posts: 18,083

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.
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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