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2013년 11월 28일 목요일

About 'currency exchange rate calculator'|Exchange Rate Calculator Combines Information and Technology Seamlessly







About 'currency exchange rate calculator'|Exchange Rate Calculator Combines Information and Technology Seamlessly








Military               elites               do               not               wish               a               massive               brain               drain               of               professionals               fleeing               this               country               to               avoid               21st               century               indentured               servitude               of               debt               repayment               (since               ability               of               the               military               to               exercise               power               abroad               then               slackens).

In               the               coming               years,               there               will               be               increased               intra-elite               infighting               concerning               massive               debt               forgiveness               for               20%               of               population               who               fancy               themselves               as               middle               class.

There               will               also               be               a               silver               lining               for               those               Americans               who               use               their               remaining               currency               to               buy               mass               amounts               of               precious               metals               rather               than               pay               off               their               debts.

Lets               do               a               cost-benefit               analysis               of               a               student               loan               repayment               scenario               and               see               if               any               life               gains               can               be               made               from               devaluation               of               the               dollar.

Lets               say               you               have               a               couple               thousand               dollars.

Lets               say               you               happen               to               have               acquired               10,000               dollars               in               student               loan               debt               through               financial               aid/Stafford.

Whether               you               have               the               subsidized               or               need               based               unsubsidized               fixed               interest               rate               is               immaterial               for               this               scenario.

The               point               is               that               you               have               a               fixed               rate               for               a               loan               to               repay               over               a               decade               or               so.

Lets               use               the               locked               rate               of               5%.

What               should               one               do               in               a               country               where:               1)               the               national               debt               burden               is               2.5               as               heavy               as               before               Great               Depression               2)               3               of               the               5               oldest               financial               pillars               (like               Merrill               Lynch)               have               collapsed               within               months               and               3)               the               government               decided               to               sharply               increase               the               debt               to               start               gradually               escalating               restructuring               efforts?
               There's               2               big               options:
               Option               A:
               Pay               a               minimum               every               month               ($106               for               standard               repayment               or               $70               graduated)               for               a               few               years               and               then               repay               the               whole               thing               rapidly               in               chunks.

Since               doing               minimum               payment               for               10               years               would               be               $2,730               in               interest               for               standard               or               $3,250               in               graduated,               one               thus               saves               a               few               thousand               dollars.

However               rapid               repayment               involves               losing               thousands               of               dollars               early               on               in               one's               life               that               can               be               invested               elsewhere.
               Option               B:
               Put               the               loan               repayment               on               automatic               billing               and               treat               it               like               a               utility               for               10               years               and               in               the               end               pay               $12,730               for               standard               repayment               or               $13,250               for               graduated.
               Which               is               better?
               For               answer               lets               take               "normal"               American               inflation               rates               into               account.

If               you               had               $10,000               in               1999               and               kept               them               under               the               mattress               for               10               years               you'd               lose               25%               of               their               value               by               the               end               of               2007.

You               can               play               around               with               various               online               inflation               calculators               and               see.

In               other               words,               same               product               that               cost               $10,000               dollars               in               1999               would               cost               $12,500               dollars               in               2007.

Of               course               that's               assuming               the               product               is               not               afflicted               by               deflationary               effects               of               technological               breakthroughs               in               production               as               occurs               with               computer               hardware.

American               college               education               definitely               doesn't               fit               into               that               product               category               after               the               1970s-1990s               transition               from               industrial               state               capitalism               to               financial               state               capitalism.

Demand               for               better               quality               of               life               through               increase               in               both               quality               and               quantity               of               education,               medical               care,               transport,               safety               nets               is               prevented               from               being               met               by               the               architectural               design               of               the               current               political-economic               system.

In               2006               to               2007               for               example,               the               average               cost               of               tuition               for               public               college               has               risen               5.6%,               whereas               10               dollars               today               buys               exponentially               more               computing               power               than               10               dollars               a               decade               ago.
               The               full               cost               of               the               Stafford               loan               over               a               10               year               monthly               minimum               repayment               is               historically               the               same               as               paying               it               out               all               at               once.

There               is               a               strong               possibility               that               the               dollar               will               lose               15%               of               its               value               or               more               by               the               end               of               2009.

Potential               of               even               greater               inflationary               trends               in               the               future               are               great               for               anybody               who               owns               debt               as               long               as               they               can               restructure               their               interests.

There               is               no               logical               reason               whatsoever               to               give               more               money               than               you               have               to               to               banks               working               with               financial               aid               organs.

There               is               a               solid               chance               that               the               near               future               US               government               will               not               only               help               restructure               interest               payments               on               many               house               mortgages/college               loans               but               that               it               will               make               financial               sector               forgive               all               the               loans               completely.
               Government               assisted               debt               forgiveness               makes               strategic               sense               to               preserve               social               stability.

The               Americans               who               fall               into               the               20%               of               population               that               are               sufficiently               educated               and               wealthy               to               call               themselves               "middle               class"               (but               not               wealthy               enough               to               be               in               the               2%               politically               connected               oligarch               class               )               pose               the               highest               risk               of               emigration,               mass               capital               outflow,               and               brain               drain               to               Europe.

Politically               unconnected               homeowners               who               lose               not               just               their               life               savings               but               their               shelter               and               neighborhoods               are               a               huge               threat               to               federal               control.

It'd               make               post-default               recovery               efforts               towards               German               style               industrial               capitalism               much               more               difficult.

Obama               administration               must               gradually               nationalize               the               finance               sector               through               making               some               finance               oligarchs               believe               he               is               just               collaborating               with               them.

That               will               allow               mass               national               debt               forgiveness               when               the               time               comes               for               dollar               default.

The               looting               and               capital               outflows               done               by               top               1%               cannot               be               avoided               but               social               stability               and               political               support               from               homeowners               can               be               preserved               to               allow               greater               restructuring               in               the               future.

Whatever               micro               and               macro               level               political-economic               architecture               US               will               have               by               2020,               thousands               of               gated               communities,               suburbs,               towns,               and               small               cities               must               not               be               allowed               to               disappear               over               night.

Proper               handling               of               debt               forgiveness               will               allow               their               disappearance               to               be               gradual               as               brain               drain               to               Europe               will               be               reduced               and               redirected               a               bit               towards               major               US               cities.
               Best               way               of               investing               one's               cash               right               now               is               buying               as               much               physical               precious               metal               as               possible.

Under               inflation               of               the               last               decade               10               thousand               dollars               now               buys               25%               less               while               an               ounce               of               gold               buys               a               bit               more.

As               a               hypothetical               example               lets               use               the               unusually               high               annual               inflation               rate               (since               it               occurs               during               a               major               economic               crisis)               range               of               20-40%               over               3               years.

If               the               price               of               acquiring               the               same               model               bicycle               for               urban               transport,goes               from               200               dollars               in               2009               to               $345-$548               dollars               in               2011,               then               an               ounce               of               gold               will               allow               one               buy               the               bike               for               a               profit.

Of               course               we               see               how               an               ounce               of               gold               also               allows               to               buy               2-3               bikes               simultaneously               so               extra               bikes               can               be               exchanged               for               bulk               food               and               other               objects.

Financial               organizations               like               TD               bank               are               already               encouraging               people               to               exchange               their               coins               for               cash               without               fees.

If               large               players               are               already               undertaking               copper               hoarding               (to               exchange               for               Euros               in               the               future               and               maintain               status               as               a               "bank"),               then               small               players               should               get               on               the               act               while               sucker's               rallies               keep               gold/metals               price               within               reach.
               The               uncharacteristically               political               and               obvious               recent               suppression               of               gold               advocates               like               Ron               Paul               (               as               well               as               federal               raiding               of               liberty               dollar               makers               and               similar               precious               metal               organizations               )               demonstrates               a               couple               of               things.

The               decades               long               mass               oligarchic               looting               and               exploitation               of               bottlenecks               created               by               post-industrial               capitalist               structure               was               meant               to               accelerate               in               2008.

It               also               shows               that               oligarchs               are               split               into               the               rooted               domestic               faction               and               cosmopolitan               mobile               one.

The               domestic               ones               (with               their               company               infrastructure               rooted/reliant               on               being               within               national               borders)               hope               to               collaborate               with               and               use               the               might               of               the               federal               government               for               further               enrichment               as               before.

The               international               ones,               the               ones               that               will               emigrate               to               Western               Europe,               plan               on               making               money               on               the               collapse               of               US               itself               by               properly               timing               mass               transfer               of               resources.

It's               in               international               faction's               interest               to               properly               time               bulk               metal               buys               while               they               join               forces               with               the               feds               in               draining               national               faction's               wealth               in               a               few               bursts.
               US               industrial               peak               has               been               passed               long               ago               but               financial               capitalism               kept               the               appearance               of               GDP               growth               and               psychological               associations               of               that               with               material               and               quality               of               life               improvements.

The               focus               on               stock               maximization               rather               than               fine               tuning               industrial               capitalism               to               improve               population's               quality               of               life               has               created               infrastructure               that               cannot               qualitatively               materially               improve               the               needs               of               the               entire               population.

CIA               analysts               have               shown               that               growth               of               a               certain               industry               doesn't               necessarily               mean               efficient               proper               allocation               of               resources               and               social               stability.

Oligarchs               who               pressured               the               federal               government               to               borrow               from               China               and               maintain               the               illusion               of               prosperity               know               full               well               that               one               can               borrow,               not               necessarily               repay,               and               be               well               off.

Chinese               leadership               knew               this               perfectly               as               well               but               didn't               care               since               it               allowed               them               to               rapidly               expand               real               industry.

Chinese               government               has               done               what               Lenin               wanted,               have               the               capitalists               sell               the               rope               with               which               Chinese               can               hang               them.
               Every               dollar               that               can               practically               be               used               to               buy               tangibles               (like               precious               metals)               should               be               used               for               that               purpose               instead               of               further               payments               to               macro               parasites               and               middlemen.

The               realization               that               having               a               perfect               credit               history               is               not               the               most               important               thing               in               the               world               will               be               reached               by               US               government               soon.

Americans               need               to               start               realizing               that               too               considering               the               seriousness               of               the               economic               paradigm               shift.






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      ...foreign exchange rate calculator , which is also called a currency converter or a currency conversion calculator. Foreign exchange rate calculator is by all means a calculator but with a difference. Like regular...
    8. foreignexchangerate.wordpress.com/   06/27/2011
      ...another. The websites on Internet are also supported with currency exchange rate calculator . Forex is the biggest real world finance market and the main purpose...
    9. foreignexchangerate.wordpress.com/   09/19/2011
      ... available to provide you with real time exchange rate calculator. Before choosing any website for currency conversion, ensure that the rates they give are...
    10. philbradley.typepad.com/i_want_to/   11/15/2012
      GoCurrency is a nice little tool - mainly for the fact that you can get an historical overview of one currency against another, back to 1990.
    11. Currency Exchange Rate Calculator - Blog Homepage Results

      ...to dollar, it also important to use a Exchange Rate Calculator for you to be able to get a value closer to the real price value of the currency that you are about to convert. Because...
      India Currency Converter, India Currency Calculator. India Currency Exchange Rate. What is the unit of money in India? Currency in India: Indian rupee, Exchange Rate...



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    2013년 11월 24일 일요일

    About 'currency exchange rates calculator'|Basics of Using a Foreign Exchange Rate Calculator







    About 'currency exchange rates calculator'|Basics of Using a Foreign Exchange Rate Calculator








    You               need               two               things               to               have               an               inexpensive               and               fun               foreign               experience               -               a               sense               of               adventure               and               a               guidebook               like               "Lonely               Planet."               Last               year               Rita               and               I               spent               20               days               exploring               Romania,               Bulgaria,               and               Hungary               on               less               than               $1400               each               (including               medical               travel               insurance;               air               fare               was               frequent               flyer               miles               from               credit               card               purchases).

    We               survived               entirely               on               our               own;               used               local               transportation;               and               ate               with               the               common               people.

    Why               did               we               select               these               countries?

    Because               we               hadn't               been               there.

    Because               they               are               not               yet               on               the               Euro               and               thus               less               expensive               than               other               parts               of               Europe.

    And               because               they               are               less               developed               and,               therefore,               more               interesting.

    I               liked               Bulgaria               best               -               least               developed,               fewest               English               speakers,               and               inexpensive.

    Rita               enjoyed               Romania               -               more               developed,               easier               to               understand               the               people,               great               castles.

    We               traveled               by               airplane,               train,               bus,               minibus,               taxi,               private               vehicle,               trolley,               and               tram.

    But               mostly               we               walked               and               walked               and               walked.
                   We               had               reservations               only               for               the               first               three               nights               in               Bucharest,               Romania.

    After               that,               we               made               decisions               on               where               to               go               and               how               to               get               there               on               the               spur               of               the               moment               after               checking               "Lonely               Planet"               -               two               or               three               nights               in               each               place.

    It               worked               out               well.

    Many               restaurants               have               picture               menus               with               descriptions               in               several               languages               (sometimes               even               English)               so               it               is               not               difficult               to               select               what               you               want.

    Buying               a               ticket               at               a               bus               or               train               station               is               only               a               minor               challenge.

    First               I               write               down               where               I               want               to               go               and               show               it               to               the               agent;               the               agent               then               writes               the               departure               times               on               my               paper.

    I               circle               the               desired               departure               time;               the               agent               then               puts               the               fare               on               a               calculator               and               shows               it               to               me.

    I               pay,               receive               a               ticket,               and               then               sit               down               and               try               to               figure               out               if               we               have               an               assigned               seat               or               not.

    We               always               ended               up               where               we               wanted               to               go,               often               to               Rita's               surprise.

    We               travel               light.

    I               have               a               small               suitcase               which               turns               into               a               backpack.

    Rita               has               a               small               suitcase               with               wheels.

    She               pulls;               I               sling               it               over               my               shoulder.
                   A               good               guidebook               is               essential               when               you               travel               on               your               own.

    The               guide               instructs               you               how               to               get               from               airport               to               town,               how               to               get               around               when               you               get               to               the               city,               where               to               stay               (high               end,               mid               range,               and               budget),               how               to               find               decent               and               affordable               food,               what               to               see               and               how               much               it               might               cost.

    The               guide               is               full               of               helpful               tips               and               provides               useful               local               language               words               and               phrases.

    "Lonely               Planet"               has               an               individual               book               for               each               of               the               three               countries               (with               Moldova               added               to               the               Romania               book).

    Our               books               gave               us               the               confidence               necessary               to               both               survive               and               thrive.
                   Bucharest               was               our               starting               point.

    After               three               days               in               the               Romanian               capital,               we               took               the               train               to               Bulgaria.

    Bulgarian               overnights               were               Veliko               Tarnova               (medieval               capital),               Balchek               (Black               Sea               resort),               and               Ruse               (border               town).

    Back               through               Romania               and               the               castles               of               the               Transylvanian               Alps.

    Romanian               cities               visited               included               Sinaia               (castle),               Sighisoara               (walled               citadel),               and               Cluj-Napoca               (university               town).

    Hungary               was               one               night               in               Kecskemet               and               four               in               Budapest,               our               city               of               departure.

    In               Budapest               we               stayed               in               a               delightful               hotel               on               Margaret               Island               between               Buda               and               Pest;               freshly               baked               bread               every               morning.
                   It               was               an               adventure               right               from               the               start.

    We               couldn't               believe               how               many               people               were               "stuffed"               on               the               bus               from               the               airport               to               city               center               Bucharest!

    Both               of               us               were               pushed               toward               the               front,               and               I               became               the               "ticket               man"               given               my               proximity               to               the               ticket               validation               machine.

    The               Carpati               Hotel               provided               us               with               a               very               nice               room,               like               a               little               apartment.

    We               had               a               sitting               room               with               TV,               a               bathroom,               and               a               bedroom.

    Breakfast               included               fresh               bread,               cheeses,               meats,               and               good               European               coffee.

    It               was               delicious!
                   We               had               almost               no               Bulgarian               money               upon               arrival               so               our               first               hotel               in               Veliko               Tarnova,               Bulgaria               kept               our               passports               until               we               could               exchange               money               in               the               morning.

    We               were               permitted               one               night               only               in               a               tiny               room               with               a               spectacular               view               of               cliff-hugging               homes.

    Early               next               morning               we               hiked               to               the               tourist               information               center               where               friendly               English-speaking               staff               referred               us               to               wonderful               apartment               hidden               behind               the               main               part               of               town.

    The               Hostel               Pashov,               at               $37,               became               the               trip's               favorite               hotel.

    It               was               quiet,               air-conditioned,               and               had               a               small               kitchen               and               patio.

    The               landlady               was               so               sweet               -               she               gave               us               ripe               tomatoes.

    The               very               quaint               town               was               crisscrossed               with               old,               narrow               cobblestone               streets.

    People               were               exceptionally               friendly,               but               few               spoke               English.

    Cats               were               everywhere               in               Bulgaria               (stray               dogs               frequented               Bucharest).

    On               the               Black               Sea               in               Bulgaria,               a               taxi               driver               upon               discovering               we               were               from               the               United               States               said,               "We've               been               waiting               for               you               since               the               1940's,               where               have               you               been?"
                   Our               biggest               travel               surprise               was               the               difficulty               in               moving               from               one               country               to               another.

    Trains               and               buses               seem               to               leave               only               in               the               very               early               morning               hours.

    We               opted               for               minibuses               which               left               at               more               reasonable               times,               but               presented               their               own               unique               challenges.

    Returning               to               Romania               from               Bulgaria,               our               minibus               driver               (who               we               called               Vlad,               the               real               name               of               Count               Dracula)               got               tired               of               the               traffic               in               Bucharest               and               just               told               us               to               get               off               in               the               middle               of               town.

    We               were               familiar               with               the               city               so               we               walked               to               the               nearby               metro               stop               and               took               the               underground               to               the               train               station.

    One               of               our               bus               mates               was               Turkish,               traveling               to               Germany.

    We               can               only               hope               he               eventually               found               his               way.
                   As               we               departed               the               train               upon               arrival               in               Sighisoara,               Romania,               a               polite               middle-aged               lady               asked               if               we               would               like               to               stay               at               her               "nice               apartment               with               bathroom,"               plus               she               had               a               car               to               take               us               to               the               hill               top               old               city.

    I               generally               do               not               respond               to               those               who               meet               trains,               but               she               had               pictures               and               testimonials               so               we               said               we'd               take               a               look.

    We               liked               what               we               saw               and               spent               two               pleasant               nights               at               Christina's               Guesthouse.

    A               highlight               was               watching               Christina's               family               cook               eggplant               over               a               makeshift               backyard               grill;               the               recipe:               cook               whole               eggplants               for               2               hours,               mash,               add               paprika,               onion               and               tomatoes,               and               a               little               oil.

    Can               the               mixture;               spread               it               on               your               bread               in               the               wintertime.

    "It's               delicious!"               We               hired               Paul,               Christina's               husband,               to               take               us               for               a               tour               in               his               private               auto               to               neighboring               villages               to               photograph               "men               working."               These               old               villages               were               built               in               medieval               times,               12th               century,               by               Saxon               Germans,               most               of               whom               left               when               the               communists               took               over.

    We               stopped               in               an               ancient               town               with               a               church-like               monastery               where               the               people               were               working               the               land               by               hand               tools.

    They               still               take               their               vegetables               and               hay               by               donkey               or               horse               cart               to               sell               in               local               markets               on               Saturdays.
                   Best               travel               decision:               buying               a               three-day               pass               on               the               Budapest               transportation               system;               it               was               good               for               buses,               trains,               trams               and               trolleys.

    Best               restaurant:               "Poco               Loco"               in               Budapest;               I               had               the               goulash.

    Best               language               to               try:               Cyrillic               in               Bulgaria,               so               we               could               identify               the               right               bus               to               board.

    Best               walled               city:               Sighisoara,               Romania.

    Best               European               spa:               Szechenyi               baths               in               Budapest,               indoor               and               outdoor               pools.

    Best               night               scene:               Danube               River               in               Budapest               with               Parliament               and               Castle               Hill               bathed               in               soft               light.

    Best               thing               to               remember:               When               you               travel               abroad,               you               are               the               foreigner.

    People               were               friendly               and               helpful,               especially               in               Bulgaria               and               Romania.

    Rita               asked               several               about               the               U.S.

    election,               McCain               or               Obama?

    The               replies               were               interesting               -               Obama               came               out               ahead               six               votes               to               two.
                   Here               is               my               money               report:               21               days               at               $132               per               day               total               for               the               two               of               us               (Romania               $150               per               day;               Bulgaria               $79;               Hungary               $168;               several               days               on               airplanes               at               minimal               cost).

    I               purchased               $500               worth               of               Romanian               and               Hungarian               currency               prior               to               departure;               we               used               Rita's               1%               transaction               fee               credit               card               on               occasion;               and               we               exchanged               dollars               for               local               currency               when               we               ran               short.

    We               did               not               need               the               traveler's               checks               held               in               reserve.

    Lesson               learned               is               to               take               a               smaller               amount               of               local               currency               purchased               in               the               U.S               (bad               rate),               use               the               credit               card               more               (good               rate),               and               take               additional               US               dollars               to               exchange               (also               good               rate).

    Exchange               rates               in               the               summer               of               2009               are               much               more               favorable               to               Americans               than               they               were               last               year.

    For               $1               last               year,               we               purchased               150               forint               (Hungarian               money).

    Today               that               dollar               buys               207               forint.
                   All               in               all,               it               was               a               great               adventure.

    We               returned               with               wonderful               memories               and               great               pictures               which               we               made               into               a               coffee               table               book.

    And               this               once-in-a-lifetime               experience               did               not               cost               us               that               much.

    MoneyCoachBill@aol.com






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