Watch the Falling Dollar...
The federal reserve has put so much money in the market now, that bond traders see interest rates going up. More dollars chasing fewer goods.
I just read on the news this morning, that as of July 1, everyone's tax witholding will be dropped by between $32 and $160 a month. In addition, the gov't is giving you your child care tax credit this August, instead of on your next tax return. Yet more money being thrown at the economy. The net effect should be about $600-1200 back in my pocket in August.
Actually, if you have credit, it's a great time to be buying things on 0% interest. Bought a computer last week. Might buy another one this week. (Both 2.4 ghz Celeron for about $469 with killer flat screen monitors ).
Thinking about trading in my car for a 0% loan on a new one.
Thinking about redoing our kitchen floor.
In a year or two, these items might actually be MORE expensive, for a change.
Edited by
gdaustin
July 8, 2003, 01:58:01 PM EDT
Deflating the Dollar...
The federal reserve has put so much money in the market now, that bond traders see interest rates going up. More dollars chasing fewer goods.
Actually, if you have credit, it's a great time to be buying things on 0% interest. Bought a computer last week. Might buy another one this week. (Both 2.4 ghz Celeron for about $469 with killer flat screen monitors ).
Thinking about trading in my car for a 0% loan on that.
Thinking about redoing our kitchen floor.
In a year or two, these items might actually be MORE expensive, for a change.
Edited by
gdaustin
July 8, 2003, 02:01:31 PM EDT
Deflating the Dollar...
The federal reserve has put so much money in the market now, that bond traders see interest rates going up. More dollars chasing fewer goods.
Actually, if you have credit, it's a great time to be buying things on 0% interest. Bought a computer last week. Might buy another one this week. (Both 2.4 ghz Celeron for about $469 with killer flat screen monitors ).
Thinking about trading in my car for a 0% loan on a new one.
Thinking about redoing our kitchen floor.
In a year or two, these items might actually be MORE expensive, for a change.
