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re: Stock markets vulnerable to hack - flash crash, about $100 billion disappears

Posted on 4/25/13 at 6:29 pm to
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 4/25/13 at 6:29 pm to
quote:

I'd actually hang out with you. We'd probably get along.



Can we play Magic The Gathering?
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 4/25/13 at 6:33 pm to
quote:

Can we play Magic The Gathering?


You'd have to teach me how.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
70096 posts
Posted on 4/25/13 at 6:40 pm to
quote:

You'd have to teach me how.


I had sex in highschool so I never learned how to play either, I'll wiki it and get back to you
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 4/25/13 at 6:40 pm to
quote:

My belief for the best way to truly measure inflation? Keep track of your own expenses and see how similar items change month to month.


That's real ish right there.
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
47105 posts
Posted on 4/26/13 at 2:10 am to
quote:

Looks like the issue fixed itself within minutes,


Wait, so nobody lost any money?
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
47105 posts
Posted on 4/26/13 at 2:13 am to
quote:

Chained CPI makes adjustments for market shifts. Like consumers moving away from trucks and SUVs to move to smaller fuel economy cars because of the price of either the vehicles or gasoline.


You mean because of inflation?
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5858 posts
Posted on 4/26/13 at 7:55 am to
quote:

An answer of "absolutely not" means you don't believe the official stats. I don't know how you construe that to mean I'm taking it out of context.


My point was that a single inflation statistic doesn't really tell you a whole lot. There is no authoritative single way to measure inflation, it just doesn't exist due to a variety of factors. People consume different things. It's not a word game, it's just that it's not that simple.
quote:

Also, why won't you give me an answer as to what you think the real inflation rate is??

Because of what I said above, also OFWHAP's post right below yours pretty much sums it up. Each one of the inflation metrics mentioned has flaws and benefits, you will never get a single number that is absolute. However, you can get a general idea of the direction and magnitude. Me saying "inflation is X" is just as much bullshite as all the other metrics.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65457 posts
Posted on 4/26/13 at 8:35 am to
quote:

However I can assure you I have not personally witnessed a price increase of anything at an average rate of 8-12% over the previous decade or so with the exception of food and fuel


And healthcare costs. frick those
Posted by OFWHAP
Member since Sep 2007
5416 posts
Posted on 4/26/13 at 11:37 am to
quote:

And healthcare costs. frick those


I suppose that's true too. However, in my current situation, I don't drive, I never go to the doctor, and I haven't really noticed a price difference in foods I buy on a regular basis. No wait, movie tickets are up a lot. Maybe we are being lied to...
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