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tech / rec.bicycles.tech / Re: The Price of a Fool

SubjectAuthor
* The Price of a FoolTom Kunich
`* Re: The Price of a Fooljbeattie
 +* Re: The Price of a FoolTom Kunich
 |`* Re: The Price of a FoolNews 2021
 | `* Re: The Price of a FoolTom Kunich
 |  +- Re: The Price of a FoolWilliam Crowell
 |  `- Re: The Price of a Foolfunkma...@hotmail.com
 `* Re: The Price of a Foolfunkma...@hotmail.com
  `- Re: The Price of a FoolTom Kunich

1
The Price of a Fool

<6f3c6683-f4b5-4997-9cc4-b43c45ecf0ffn@googlegroups.com>

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Subject: The Price of a Fool
From: cyclin...@gmail.com (Tom Kunich)
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 by: Tom Kunich - Sun, 10 Oct 2021 15:16 UTC

"The consumer price index (CPI) is a monthly measurement of U.S. prices for household goods and services. It reports inflation (rising prices) and deflation (falling prices). Both can hurt a healthy economy.

The Federal Reserve monitors price changes to ensure economic growth remains stable. The Federal Reserve uses monetary policy tools to intervene if it detects too much inflation or deflation."

Excuse me but where does it say that the Federal Reserve measures the worth of a dollar against foreign currencies?

Re: The Price of a Fool

<5a62e1dd-c1c3-4008-ab7d-9e87d55f9bd5n@googlegroups.com>

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Subject: Re: The Price of a Fool
From: jbeatti...@msn.com (jbeattie)
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 by: jbeattie - Sun, 10 Oct 2021 15:32 UTC

On Sunday, October 10, 2021 at 8:16:23 AM UTC-7, cycl...@gmail.com wrote:
> "The consumer price index (CPI) is a monthly measurement of U.S. prices for household goods and services. It reports inflation (rising prices) and deflation (falling prices). Both can hurt a healthy economy.
>
>
> The Federal Reserve monitors price changes to ensure economic growth remains stable. The Federal Reserve uses monetary policy tools to intervene if it detects too much inflation or deflation."
>
> Excuse me but where does it say that the Federal Reserve measures the worth of a dollar against foreign currencies?

Uh, here, among a million other places: https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm

You must have been asleep during the Trump administration or ignored his push for the Fed to devalue the dollar to increase exports and decrease imports. https://www.washingtonpost.com/business/economy/trump-shot-down-navarros-recommendation-to-weaken-the-dollar-as-white-house-searches-for-ways-to-juice-the-economy/2019/07/26/5e2e85f6-afc5-11e9-a0c9-6d2d7818f3da_story.html

None of this has anything to do with the price of Lactaid or whatever other grocery item you now find too expensive -- or more too expensive since you were complaining about the price of groceries five years ago.

-- Jay Beattie.

Re: The Price of a Fool

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Subject: Re: The Price of a Fool
From: cyclin...@gmail.com (Tom Kunich)
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 by: Tom Kunich - Sun, 10 Oct 2021 16:29 UTC

On Sunday, October 10, 2021 at 8:32:47 AM UTC-7, jbeattie wrote:
> On Sunday, October 10, 2021 at 8:16:23 AM UTC-7, cycl...@gmail.com wrote:
> > "The consumer price index (CPI) is a monthly measurement of U.S. prices for household goods and services. It reports inflation (rising prices) and deflation (falling prices). Both can hurt a healthy economy.
> >
> >
> > The Federal Reserve monitors price changes to ensure economic growth remains stable. The Federal Reserve uses monetary policy tools to intervene if it detects too much inflation or deflation."
> >
> > Excuse me but where does it say that the Federal Reserve measures the worth of a dollar against foreign currencies?
> Uh, here, among a million other places: https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm
>
> You must have been asleep during the Trump administration or ignored his push for the Fed to devalue the dollar to increase exports and decrease imports. https://www.washingtonpost.com/business/economy/trump-shot-down-navarros-recommendation-to-weaken-the-dollar-as-white-house-searches-for-ways-to-juice-the-economy/2019/07/26/5e2e85f6-afc5-11e9-a0c9-6d2d7818f3da_story.html
>
> None of this has anything to do with the price of Lactaid or whatever other grocery item you now find too expensive -- or more too expensive since you were complaining about the price of groceries five years ago.

Go right ahead and pretend that the value of a dollar isn't what it can buy but rather what you could trade it for in foreign currencies. It simply makes you look silly.

Re: The Price of a Fool

<sk0fgp$m43$7@dont-email.me>

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From: new...@woa.com.au (News 2021)
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Subject: Re: The Price of a Fool
Date: Mon, 11 Oct 2021 04:45:13 -0000 (UTC)
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 by: News 2021 - Mon, 11 Oct 2021 04:45 UTC

On Sun, 10 Oct 2021 09:29:44 -0700, Tom Kunich scribed:

> On Sunday, October 10, 2021 at 8:32:47 AM UTC-7, jbeattie wrote:

>>
>> None of this has anything to do with the price of Lactaid or whatever
>> other grocery item you now find too expensive -- or more too expensive
>> since you were complaining about the price of groceries five years ago.
>
> Go right ahead and pretend that the value of a dollar isn't what it can
> buy but rather what you could trade it for in foreign currencies. It
> simply makes you look silly.

<insert long crow call>
It depends on what you buy, aka where it is produced.

Re: The Price of a Fool

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Subject: Re: The Price of a Fool
From: cyclin...@gmail.com (Tom Kunich)
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 by: Tom Kunich - Mon, 11 Oct 2021 16:38 UTC

On Sunday, October 10, 2021 at 9:45:15 PM UTC-7, News 2021 wrote:
> On Sun, 10 Oct 2021 09:29:44 -0700, Tom Kunich scribed:
> > On Sunday, October 10, 2021 at 8:32:47 AM UTC-7, jbeattie wrote:
>
> >>
> >> None of this has anything to do with the price of Lactaid or whatever
> >> other grocery item you now find too expensive -- or more too expensive
> >> since you were complaining about the price of groceries five years ago.
> >
> > Go right ahead and pretend that the value of a dollar isn't what it can
> > buy but rather what you could trade it for in foreign currencies. It
> > simply makes you look silly.
> <insert long crow call>
> It depends on what you buy, aka where it is produced.
The Dumbass makes yet more noise since no one has paid him any attention. Peter, Peter, pumpkin eater.

Re: The Price of a Fool

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Subject: Re: The Price of a Fool
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 by: William Crowell - Sat, 16 Oct 2021 14:00 UTC

Of course Shakespeare and other authors and playwrights used the fool to criticize society by having him say really wise things, with the implication that if this dumb guy knows this, why don't the rest of you supposedly smart people know it? And by having the fool say it, the writer obtains plausible deniability.

Re: The Price of a Fool

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Subject: Re: The Price of a Fool
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 by: funkma...@hotmail.co - Sat, 16 Oct 2021 14:04 UTC

On Monday, October 11, 2021 at 12:38:50 PM UTC-4, cycl...@gmail.com wrote:
> On Sunday, October 10, 2021 at 9:45:15 PM UTC-7, News 2021 wrote:
> > On Sun, 10 Oct 2021 09:29:44 -0700, Tom Kunich scribed:
> > > On Sunday, October 10, 2021 at 8:32:47 AM UTC-7, jbeattie wrote:
> >
> > >>
> > >> None of this has anything to do with the price of Lactaid or whatever
> > >> other grocery item you now find too expensive -- or more too expensive
> > >> since you were complaining about the price of groceries five years ago.
> > >
> > > Go right ahead and pretend that the value of a dollar isn't what it can
> > > buy but rather what you could trade it for in foreign currencies. It
> > > simply makes you look silly.
> > <insert long crow call>
> > It depends on what you buy, aka where it is produced.
>
> The Dumbass makes yet more noise since no one has paid him any attention.

You just did, dumbass.

Re: The Price of a Fool

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 by: funkma...@hotmail.co - Sat, 16 Oct 2021 14:06 UTC

On Sunday, October 10, 2021 at 11:32:47 AM UTC-4, jbeattie wrote:
> On Sunday, October 10, 2021 at 8:16:23 AM UTC-7, cycl...@gmail.com wrote:
> > "The consumer price index (CPI) is a monthly measurement of U.S. prices for household goods and services. It reports inflation (rising prices) and deflation (falling prices). Both can hurt a healthy economy.
> >
> >
> > The Federal Reserve monitors price changes to ensure economic growth remains stable. The Federal Reserve uses monetary policy tools to intervene if it detects too much inflation or deflation."
> >
> > Excuse me but where does it say that the Federal Reserve measures the worth of a dollar against foreign currencies?
> Uh, here, among a million other places: https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm
>
> You must have been asleep during the Trump administration or ignored his push for the Fed to devalue the dollar to increase exports and decrease imports. https://www.washingtonpost.com/business/economy/trump-shot-down-navarros-recommendation-to-weaken-the-dollar-as-white-house-searches-for-ways-to-juice-the-economy/2019/07/26/5e2e85f6-afc5-11e9-a0c9-6d2d7818f3da_story.html
>
> None of this has anything to do with the price of Lactaid or whatever other grocery item you now find too expensive -- or more too expensive since you were complaining about the price of groceries five years ago.
>
> -- Jay Beattie.

Now now Jay, the concept of currency manipulation is well beyond the comprehension of tommy. Let's not confuse the poor rube more than he already is.

Re: The Price of a Fool

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Date: Sat, 16 Oct 2021 07:22:11 -0700 (PDT)
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Subject: Re: The Price of a Fool
From: cyclin...@gmail.com (Tom Kunich)
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 by: Tom Kunich - Sat, 16 Oct 2021 14:22 UTC

On Saturday, October 16, 2021 at 7:06:29 AM UTC-7, funkma...@hotmail.com wrote:
> On Sunday, October 10, 2021 at 11:32:47 AM UTC-4, jbeattie wrote:
> > On Sunday, October 10, 2021 at 8:16:23 AM UTC-7, cycl...@gmail.com wrote:
> > > "The consumer price index (CPI) is a monthly measurement of U.S. prices for household goods and services. It reports inflation (rising prices) and deflation (falling prices). Both can hurt a healthy economy.
> > >
> > >
> > > The Federal Reserve monitors price changes to ensure economic growth remains stable. The Federal Reserve uses monetary policy tools to intervene if it detects too much inflation or deflation."
> > >
> > > Excuse me but where does it say that the Federal Reserve measures the worth of a dollar against foreign currencies?
> > Uh, here, among a million other places: https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm https://www.federalreserve.gov/econres/notes/feds-notes/the-international-role-of-the-u-s-dollar-20211006.htm
> >
> > You must have been asleep during the Trump administration or ignored his push for the Fed to devalue the dollar to increase exports and decrease imports. https://www.washingtonpost.com/business/economy/trump-shot-down-navarros-recommendation-to-weaken-the-dollar-as-white-house-searches-for-ways-to-juice-the-economy/2019/07/26/5e2e85f6-afc5-11e9-a0c9-6d2d7818f3da_story.html
> >
> > None of this has anything to do with the price of Lactaid or whatever other grocery item you now find too expensive -- or more too expensive since you were complaining about the price of groceries five years ago.
> >
> > -- Jay Beattie.
> Now now Jay, the concept of currency manipulation is well beyond the comprehension of tommy. Let's not confuse the poor rube more than he already is..
I'm still waiting for you to demonstrate that you know anything whatsoever about currency evaluations. A mole could go right over your head.


tech / rec.bicycles.tech / Re: The Price of a Fool

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