Comments on: All That Money You Lost - Where Did It Go?

Surprise! It Was Never Really Money In The First Place

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by eroosevelt08 October 12, 2008 3:38 AM EDT
If we get inflation we can pay off our mortgages with play money.
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by leighg1 October 12, 2008 3:30 AM EDT
BUT WE PUT AWAY INTO THE ACCOUNT REAL MONEY $3200/mon from our pay check. That''s real, Or not?
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by eroosevelt08 October 12, 2008 3:25 AM EDT
When the economy sinks like it is the US Government usually likes to spend money on defense so it can start more fights in the world. I would think that it is time buy defense company stocks like Rockwell Collins (COL), Raytheon or Lockheed Martin because those are probably what will be going up.
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by random_radar October 12, 2008 2:58 AM EDT
If you think the dollar is worthless now, wait until the government prints 10 or 100 times more money in the next couple of years to bail out the rich. Zimbabwe here we come!
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by luvcomments October 12, 2008 2:24 AM EDT
He''s right. And it''s why so many people are adamant that we should never have been tricked into doing away with gold behind the currency. It''s a bunch of useless, worthless printed paper IOU''s. What good is an IOU if the entity issuing it can''t pay up?
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by jerr11 October 12, 2008 2:24 AM EDT
This economic disaster started on March 20, 2003.

That was the day that Bush decided to take the nation to war so that he could do to the US what Bin Laden did to the Soviet Union, bankrupt us in an endless war.

And now five years later, the chickens have come home to roost.

The Cowboy from Texas has decided he will ride out of office in a blaze of glory.

Thousands Dead Americans in Iraq.

The country''s economy decimated.

Millions lost their savings and retirement funds.

But hey, there''s one bright spot in all this gloom and doom!

Halliburton''s doing well!

Let''s keep this war going for another 100 years!!

Vote for McCain/Palin 08!!

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by neo269 October 12, 2008 2:11 AM EDT
"If you had it all in financial stocks and they''ve all gone down by 80 percent - sorry! That is a permanent loss because those folks aren''t coming back. We''re gonna have a huge shrinkage in the financial sector."

They were way overvalued anyway. No investor lost money - only scumbag speculators did.
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by mcv57 October 12, 2008 2:10 AM EDT
... silver is a poor man''s gold.
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by jerr11 October 12, 2008 2:09 AM EDT
How about the Liar-in-Chief in the white house who put us in this hole?

Was he never really the president in the first place?

And the war in Iraq, is that never really a war in the first place?

And the 4180 Dead Americans killed in Iraq for Halliburton?

Were they never really our sons, daughters, mothers, and fathers in the first place?




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by mcv57 October 12, 2008 2:09 AM EDT
He did not say that when cash is just valueless paper; gold always seems to find bartering value.
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by walt1944-2009 October 12, 2008 1:50 AM EDT
Who has our money??? According to economists, people who lost money in the stock market, in their IRA''s in mutual funds, never really lost "money" because it never really existed!!!!

And because you "lost" money you never really had and never did exist, you will NEVER GET IT BACK!!!!

Amazingly, the Great Emperor Bush II was able to get Congress to find $700 BILLION to thrown at financial institutions which never had your "phantom" money in the first place!!!!!!!!

Is it just me, or do I smell a SUPER HUGE SCAM here???????????

Move over Robert Redord and Paul Newman, The Great Emperor Bush II has you beat with the GREATEST, BIGGEST, NASTIEST STING OF all time!!!!!!!

SIG HEIL, LETS PRINT MORE PHANTOM "FUNNY MONEY"!!!, BUSH!!!
sig heil, I''M REALLY GLAD I DON''T KNOW ANYTHING ABOUT ECONOMICS!!!, McBush!!!
sig heil, SO WHAT IF REPUBLICANS ARE CROOKS, OBAMA IS A TERRRRRRORRIST!!!, Palin!!!!



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by ubrew12 October 12, 2008 1:26 AM EDT
Article: "you run into trouble when you think of that potential money as being the same thing as the cash in your purse or your checking account. "That''s a big mistake," says Dale Jorgenson, an economics professor at Harvard. There''s a key distinction here: While the money in your pocket is unlikely to just vanish into thin air, the money you could have had, if only you''d sold your house or drained your stock-heavy mutual funds a year ago, most certainly can. "

And the years of your life you lost, working to pad your 401k, they were never really there either. Indeed, your whole life has been a cosmic joke.

Enjoy...
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by ubrew12 October 12, 2008 1:21 AM EDT
Article: "Robert Shiller, an economist at Yale, puts it bluntly: The notion that you lose a pile of money whenever the stock market tanks is a ''fallacy.'' He says the price of a stock has never been the same thing as money "

Thanks. That''ll pay the rent...
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