along with the fact that the said representative (Rogers) verbalized he had offers from other schools we needed to match. And what did that accomplish? Nothing other than getting our named dragged through the mud as bad or worse than the school that actually paid him. And then after all that the player kept playing, the other school won a national championship and is at this time well on its way to having another Top 10 recruiting last year while we apparently sit here going through the same type episode again this year.
$600/month x 50 months = $30,000
- Thread starter JackieMoon
- Start date
And the dollar has less value then it used to compared to other currencies. That's one of the reasons oil prices are going up at the rate they are even though demand for oil is relatively low.
At least that's my take on it, Krugman-ites disagree, but I don't believe you can excersize Quantitative Easing without repercutions. Inflation just is not showing up in non essential items because very few people have any buying power. Construction/Housing prices are unbelievably low because virtually no work is happening, and that's 25% of the economy right now. Plus professional service rates are being slashed due to the increased competition for work.
That's the nutshell I personally am in as an Architect.People want to pay my profession less because there is more competition for work but my daily cost of living (food/gas/taxes) are all going up.
At least that's my take on it, Krugman-ites disagree, but I don't believe you can excersize Quantitative Easing without repercutions. Inflation just is not showing up in non essential items because very few people have any buying power. Construction/Housing prices are unbelievably low because virtually no work is happening, and that's 25% of the economy right now. Plus professional service rates are being slashed due to the increased competition for work.
That's the nutshell I personally am in as an Architect.People want to pay my profession less because there is more competition for work but my daily cost of living (food/gas/taxes) are all going up.
especially considering the present value of that stream of payments (at 5%) would be closer to $22K.... whatta bargain....<div>
</div><div>I'd still rather have Clowney or Steward, however....</div>
</div><div>I'd still rather have Clowney or Steward, however....</div>
I heard from "my OM source" back in October that exact number was the cost for recruits this year. He (an old man who thinks all this is foolish) asked me had I ever heard that and I said no, but it was lower than I expected considering Cam. He told me a south ms car dealer was in the club level at the bear game talking about the cost and complaining that you now had to pay not only the recruit, family and "rep" like the old days, but that in most places you now had to add the coach, principal and/or superintendent.<div>
</div><div>The whole conversation came up in the first place because he thought the loud talker was a jackass on several grounds and wanted to know if I'd ever heard of him.</div><div>
</div><div>Ignore, chuckle, steam up or cast aspersions on my internet cred/rumor mongerin' as you see fit. No, in advance, I can't prove a damn thing. But I'm not new around here or anything.</div>
</div><div>The whole conversation came up in the first place because he thought the loud talker was a jackass on several grounds and wanted to know if I'd ever heard of him.</div><div>
</div><div>Ignore, chuckle, steam up or cast aspersions on my internet cred/rumor mongerin' as you see fit. No, in advance, I can't prove a damn thing. But I'm not new around here or anything.</div>
right?
but i am a Krugman-ite. guilty.
http://krugman.blogs.nytimes.com/2011/01/18/the-recent-history-of-the-dollar/
"And the dollar has less value then it used to compared to other currencies."
not in the short-term, since the financial crisis, it doesn't.
"I don't believe you can excersize Quantitative Easing without repercutions."
You seem to be making a moral argument, not a scientific one. In the real world, there are gains to be had by manipulating the money supply. QE is one of those things.
"Inflation just is not showing up in non essential items because very few people have any buying power."
That's the whole reason you can have QE without repercussions.
Or thought of another way, the money supply is not just printed dollars. Every electronic "dollar" is part of the money supply. And these are created and lost in huge sums every day. The financial crisis resulted in a huge decrease to the money supply, not in printed dollars but in electronic dollars. As long as increased printing (and the Fed hasn't acutally printed any extra dollars, but instead created electronic dollars) isn't more than the lost dollars, then no inflation. A lot of people seem to be counting the "dollars" the Fed created, but ignoring the "dollars" lost in the financial crisis.
Most people equate printing money with inflation, but forget that's only a useful shorthand of the actual relationship. These people have been convinced inflation must be right around the corner for two years now. It doesn't seem they'll ever let go of their misconception.
The Krugman-iteargument is looking pretty good right now, right?
but i am a Krugman-ite. guilty.
http://krugman.blogs.nytimes.com/2011/01/18/the-recent-history-of-the-dollar/
"And the dollar has less value then it used to compared to other currencies."
not in the short-term, since the financial crisis, it doesn't.
"I don't believe you can excersize Quantitative Easing without repercutions."
You seem to be making a moral argument, not a scientific one. In the real world, there are gains to be had by manipulating the money supply. QE is one of those things.
"Inflation just is not showing up in non essential items because very few people have any buying power."
That's the whole reason you can have QE without repercussions.
Or thought of another way, the money supply is not just printed dollars. Every electronic "dollar" is part of the money supply. And these are created and lost in huge sums every day. The financial crisis resulted in a huge decrease to the money supply, not in printed dollars but in electronic dollars. As long as increased printing (and the Fed hasn't acutally printed any extra dollars, but instead created electronic dollars) isn't more than the lost dollars, then no inflation. A lot of people seem to be counting the "dollars" the Fed created, but ignoring the "dollars" lost in the financial crisis.
Most people equate printing money with inflation, but forget that's only a useful shorthand of the actual relationship. These people have been convinced inflation must be right around the corner for two years now. It doesn't seem they'll ever let go of their misconception.
The Krugman-iteargument is looking pretty good right now, right?
I had this exact same argument with anold Fraternity Brother from State. Food and Fuel are necessitieshave constant demand asopposed to building a new house or buying a new car.But I've been downthis road too many times, we'll have to agree to disagree on the inflation. Wrong board,don't want to be too far OT.
Regardless 30k over 50 months seems cheap compared to Newton's deal. (back to sports related)
Regardless 30k over 50 months seems cheap compared to Newton's deal. (back to sports related)
"Food and Fuel are necessitieshave constant demand asopposed to building a new house or buying a new car."
True. But other necessities with constant demand haven't similarly risen. And we've seen major supply disruptions for food. And we've seen oil and food do this dance before. Hell, that's the whole reason there's a "core" inflation number to begin with.
Put it this way: i think the numbers you're focusing on would lead to inflation, in different times.
True. But other necessities with constant demand haven't similarly risen. And we've seen major supply disruptions for food. And we've seen oil and food do this dance before. Hell, that's the whole reason there's a "core" inflation number to begin with.
Put it this way: i think the numbers you're focusing on would lead to inflation, in different times.
But that fb discussion was months ago. Still waiting on that inflation then?
Still, this is friggin' ridiculous.
Still, this is friggin' ridiculous.
it's $10,000.01 to trigger a CTR to be filed. If you are doing suspicious stuff with cash over $3,000, the banks have another report they can prep. The other form is totally up to the bank security officer and what they deem is suspicious. Both line, when dealing with cash, the bank is very nosey. Anyway google it. The info is on the IRS.gov site.
But anyway $600 per month is laughable. People today are very superficial and want their toys now. I doubt offering $600 per month would turn anybodys head. The players could get a Pell grant or loan and get $5,000 cash easy and not violate any NCAA rules. Then get all your new oldass cracker friends to pay the loans off.
With that said, someone would have to be very naive or a Rebear not to believe they is some underhanded BS going on.
But anyway $600 per month is laughable. People today are very superficial and want their toys now. I doubt offering $600 per month would turn anybodys head. The players could get a Pell grant or loan and get $5,000 cash easy and not violate any NCAA rules. Then get all your new oldass cracker friends to pay the loans off.
With that said, someone would have to be very naive or a Rebear not to believe they is some underhanded BS going on.