About Blurtman

Blurtman


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Registered May 12, 2012

Kill the bankers!

Blurtman's most recent comments:

  • On 25 Jan 2015 in Rand Paul doesn't know what he is talking about, Blurtman said:

    Great link to the NPR story. And the article touches on the reality that folks who can be legitimately classified as disabled would rather work, but if no one will hire them, disability is the only practical choice. May also contribute the the explantation of how folks stop looking for work and are not counted as unemployed.

  • On 25 Jan 2015 in Russia's De-Dollarization Illustrated, Blurtman said:

    smaulgld says

    Blurtman says

    If you held gold in Russia for years, and then traded it in for roubles, you would have a nice nominal return. But what would the real return be?

    all depends on what your benchmark is and what goods and services you needed to buy.

    Gold vs the dollar since 2000 has out performed the dollar by a wide margin

    Assuming easy exchange in Russia:

    rouble vs. gold. vs. market basket of goods in Russia vs. RE in Russia.

  • On 25 Jan 2015 in Russia's De-Dollarization Illustrated, Blurtman said:

    If you held gold in Russia for years, and then traded it in for roubles, you would have a nice nominal return. But what would the real return be?

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