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Originally Posted by Kyle B
Quote:
Originally Posted by noro
Sorry folks, this has nothing to do with BMW... this is the dark side of Quantitative Easing.. when your dollars become more and more like toilet paper.
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+1, I overhear this almost every time I go the grocery store: "everything is getting to be soooo expensive!"
No guys, your dollar is just losing value. Thanks, Fed. You guys rock. |
Relative to BMW's reporting currency, the dollar is quite strong (thanks largely to fed policy). Commodities and energy prices are also locally low...this has nothing to do with monetary policy and everything to do with growing margins as sales slow.