Watch any Nascar event and that will come up. Ever see drag racers pack ice around intake manifolds between rounds?
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Any hypermilers? And busting myths.
- Thread starter Let It Fall
- Start date
Watch any Nascar event and that will come up. Ever see drag racers pack ice around intake manifolds between rounds?
Would "TV news" happen to consist of Fox News? Who sponsored the video? The oil industry?
That dog don't hunt. Monetary growth is relatively high right now, but not at an extreme level. Inflation is generally under control in the US. Gas is going up relative to other goods because more people in the world want it, supplies are dwindling, and people are frightened about the situation with Iran. Also, the rise of gas prices is somewhat regional due to differences in refining and distribution capacity.
The one thing that a gold standard won't do is stabilize or regulate prices. For one thing, prices of different things go up and down relative to one another. There were periods of both rapid inflation and deflation during the time period when we were on the gold standard. There were dramatic boom-bust cycles in food prices prior to the New Deal. Contemporary monetary policy has had an unprecedented calming effect on prices. Also, for a gold standard to have any economic effect, it has to be worldwide, otherwise the price of gold will just swing around relative to foreign currencies and we will be at the mercy of foreign governments.
"In truth, the gold standard is already a barbarous relic." -- John Maynard Keynes, 1924.
Jake Saint said:
That is because you are looking at a Civic. Buy a similar aged Mazda. It is just as good of a car, but doesn't have the same reputation, so it is much cheaper.
lowsound
I can't believe that ANYONE would suggest with a straight face that the price of oil is tied to that of gold. Good heavens, OPEC meets on regular occasions and sets the price of oil. Under the laws of supply and demand, they get what they want. It's that simple.
There are LOTS of far right and scam artists out there who want to tie everything to gold and tell you that you should buy gold, it's the only thing with real value, and that all our economic problems would be solved if we went back to the gold standard.
Don't believe a word of it. Those people have their own paranoid agenda to sell, and buying into it isn't going to gain you a thing.
There are LOTS of far right and scam artists out there who want to tie everything to gold and tell you that you should buy gold, it's the only thing with real value, and that all our economic problems would be solved if we went back to the gold standard.
Don't believe a word of it. Those people have their own paranoid agenda to sell, and buying into it isn't going to gain you a thing.
Here's what happens if laws are passed that impose strict monetary policy on governments. Those governments either invent new ways of cooking the books, or they end up getting pwned by other countries. Look at Greece.
Sometimes it isn't a paranoid agenda. Sometimes it's pure cynical manipulation to increase the profits of their gold-selling side business.
Hondas have always held a lot of value, but the used car market is very high right now, and it's not going down anytime soon.
When the recession hit a few years ago, less new cars were sold, so there's less late model used cars coming into the market...the average age of people's cars is older now, and dealers are taking in older cars in trade. So the supply on newer used cars is low...
Someone mentioned a page back or so that 3 year old cars were 1/2 the cost of new....good luck with that one...at least not easily gonna find Honda/Toyota/Nissan/Subarus that cheap, unless they're higher mileage.
Implosion said:I need something more than hyper. Yesterday I filled up my tank, 1.70 EUR per literThat's about 8.50 USD per US-gallon.
I filled up yesterday at $1.38/L, which is about $5.70 USD/US gallon. That is close to the all time high around here, but it is higher in places such as Toronto.
lowsound
I think that is true for a lot of people. It certainly isn't something I adhere to though.
This is my point. cars should not cost as much as they do right now, but they do. in order to find an affordable car a year ago, when my beloved Jetta of 225K miles dropped a gear, (reverse. typical MK3 jetta problem i didn't know about) the only affordable car i could find was an 87 nissan. and even that cost me just shy of a grand.
this is absurd!
Now, in order to answer that one, i have to veer very heavily political, which i won't do. i like being able to post here, and i will not endanger my ability to do so 
Angus said:
I'll take the bait and say that the banking and loan industries have driven up the rates of colleges automobiles and houses. Spread something out over a long enough period of time and the difference is negligible.
I dont even believe the US dollar is tied to the price of gold.
Anything is only worth what another is willing to pay for it. If all the world economies were to collapse what would gold be worth? Nothing. But commodities like fresh water, food, shelter, weapons, medicine and other necessities will cost, quite possibly, an arm and a leg.
Nope. If people are genuinely interested in why i feel used car prices are so much higher than they should be, i'm more than happy to expound via PM, but i'm not going to get a relatively fun thread closed down over my own opinion.
Admittedly I am curious, though I'm pretty sure I'm going to think it is crazy.
New cars are cheaper now than they were two years ago when my wife bought her car. On that same note, my same car (2002 Mazda) is the same price used right now as it was when I bought it two years ago. Yeah, we both had to buy cars within a month of each other.
lowsound
