farangkinok

เงินสด (cash)

You'll never get a negative interest rate with cash. When cash is completely eliminated, you will be at the mercy of either the bank(s) or the central government in the case of CBDCs. When the government wants to increase the velocity of money, they'll force interest rates to be negative, which will strongly influence you to spend your money rather than save, for if you don't spend your money, it will gradually dwindle to nothingness. I'd rather have cash, or better yet, something with true intrinsic value, be it gold, silver, or some other tangible good with a long shelf life which is suitable for barter. Throughout history, people have used many things as money, such as animal pelts and tobacco, to cite a couple of examples.

I've been reading that the $750 is not a payment, but a loan that musy be repaid!

Just curious ... Do the two words begin with the letters "F" and "O"?

Yeah, right! You ever heard of Sir Mix-A-Lot?

It appears that the French leftists have learned much from the corrupt scum in the Biden/Harris administration about how to use lawfare against their political opponents .

Richard Of York Gave Battle in Vain

This is an example of what Freud would call "projection." The Dems always accuse Trump and the Republicans of what they themselves are doing!

(Sept 26, 2024) USD has not been this weak against the Thai Baht since March of 2022. In the chart below each bar represents one month's price activity.

Popeyes chicken is the best. Their red beans & rice is awesome.

Thank you for your opinion, Mr. Anslinger.

This video is a classic.

You left out "blithering" in your description😄

The media are only agents for the true "powers that be."

You bought gold for the long term to preserve your purchasing power. A similar thing happened in Canada in the early 2000s. Gold was going up in price significantly against the US dollar but not against the Canadian dollar, which frustrated many Canadian gold investors. Eventually the price of gold broke out and rose manyfold over the years against the Canadian dollar as well.

The gold price HAS been going up ... against the U.S. dollar. Since the beginning of the year, the U.S. dollar price of gold has gone from around $2,000 to about $2,600. The problem is that the U.S. dollar has been crashing (down over 10% since April) against the Thai Baht, so the Thai gold price hasn't really been going anywhere since then.

Well actually, it's because the Canadian dollar coin features the image of a common loon, a bird that is as quintessentially Canadian as the Royal Canadian Mounted Police (Mounties).

Apart from the period between 2004 and 2006 when it meandered in the neighborhood of 40, a few brief slight dips below 30 between 2010 and 2020, and a couple of forays up to the area of 38 in the past 2 years, this is essentially correct. This chart goes back far enough to show the "Asian Contagion" which started in Thailand in July of 1997.

Not necessarily. Some will enjoy a fatter profit margin, but you knew that. 😃

Patrick McGoohan was such a great actor. He had a distinguished career and was magnificent as Longshanks (English King Edward I) in the film Braveheart.

The Thai gold price has just been meandering since April, because the $US is falling against the baht as fast as the price of gold is rising against the dollar. As of 9/19/24, the price is ฿40,410 bid ฿40,460 ask (per Baht weight of 0.965 fine gold) at Hua Seng Heng. They have shops in Chinatown and at Seacon Square.

Empty-headed narcissist. Say "like" one more time and my head will explode.