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  • Re: Should I cash in my old 401k and buy gold?

    If the dollar collapses, the purchasing power of each dollar goes down. So the question you really are asking is, will these funds accumulate dollars faster than the fall of its purchasing power? Like another commenter before, I iniitally opted-out of my company's 401k(-like?) program. For many of the same reasons, funds were dollar denominated
    Posted to Economics Questions (Forum) by MichMAK2 on Thu, Nov 22 2012
  • Re: Official Reading Group Thread

    I've read How an Economy Grows and Why it Crashes. I thought it was good book and wouldn't mind joining a discussion on it. As for other books that I would be interested in reading, I am afraid I haven't read very many, so I wouldn't know where to start. Of course if there is a reading group starting up on a good entry-level book I wouldn't
    Posted to General (Forum) by MichMAK2 on Tue, Nov 13 2012
  • Re: *** November 2012 low content thread ***

    So an aquaintance of mine shares this on Facebook, and my gut reaction is to want to refute the claim. But then prevailing reasoning takes over and reminds me that I am unable to articulate a coherent and effective defense. I think I am getting better at arguing my positions as I read more, but it is still disappointing to know that If I tried to debate
    Posted to General (Forum) by MichMAK2 on Sat, Nov 10 2012
  • Re: Best Founding Father

    I am curious as to why George Washington isn't so great. I know he did own slaves, though he eventually concluded that buying/selling humans was an immoral practice. And I know he caved to Hamilton's arguments for the 1st Bank of the United States. But am I missing something more glaring? It is probably very easy for us to look back and zero
    Posted to Political Theory (Forum) by MichMAK2 on Tue, Sep 18 2012
  • Re: Occupations?

    Aerospace Engineer. (Manufacturing Support) Many of my friends stayed for Masters Degrees, when the Economy tried to correct itself. I took up a part-time job and kept looking till I got my current job. With all the Student Debt that I am paying back over the next Decade, I don't think I'll be going for a Masters anytime soon.
    Posted to General (Forum) by MichMAK2 on Sun, Sep 9 2012
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