What is the most expensive part you have bought?
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Re: What is the most expensive part you have bought?
It's all relative isn't it?Originally posted by TheEn|gmaCorrection, every other currency is getting weaker faster.Comment
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Re: What is the most expensive part you have bought?
the Euro is way overvalued, people from europe keep winning my auctions on ebay because the pound is so weak
And now i read they are printing yet more money
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Re: What is the most expensive part you have bought?
Dont worry, the US will learn the hard way why printing so much money isn't good.
My most expensive part...I think it was my motherboard. The Asus P5E at $235. Its a very nice board and I can do a lot of things with it.
CrunchTwitter: @CptainCrunch
Battlelog/Origin: CptainCrunchComment
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Re: What is the most expensive part you have bought?
You guys should have been around in the 90s....
Built a LAN for Doom I. I believe we paid ~$500 (or more) for a first generation PC CD-ROM. I remember too getting 32 MB RAM modules when 8 MB were the norm. IIRC, they ran ~$600 each.Comment
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Re: What is the most expensive part you have bought?
Though this is off topic and I hate to derail it, but I can recall reading about the US doing this three different times in its history and all three times was bad! What makes us think that this time it will be different? I mean, COME ON!Originally posted by Alex98ukSee Zimbabwe lol :laugh:
I was around in the 90s when I built my first PC. I didnt think that counted that far back
$300 for 32MB RAM.
CrunchTwitter: @CptainCrunch
Battlelog/Origin: CptainCrunchComment
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Re: What is the most expensive part you have bought?
Light quantitative easing can stimulate markets into spending and lending, but i agree, in the vast majority of times, it doesn't work well.Originally posted by CptainCrunchThough this is off topic and I hate to derail it, but I can recall reading about the US doing this three different times in its history and all three times was bad! What makes us think that this time it will be different? I mean, COME ON!
In extremes, such as countries with poor financial planning or Governments, it can lead to hyper-inflation such as Zimbabwe or Germany circa 1930+Comment
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Re: What is the most expensive part you have bought?
Common misconception; the German great inflation occurred in 1923, and was unrelated to the Great Depression.Originally posted by Alex98ukLight quantitative easing can stimulate markets into spending and lending, but i agree, in the vast majority of times, it doesn't work well.
In extremes, such as countries with poor financial planning or Governments, it can lead to hyper-inflation such as Zimbabwe or Germany circa 1930+Comment
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Re: What is the most expensive part you have bought?
However, bear in mind that inflation is arguably preferable to deflation. Much of the poverty caused by the Great Depression was because deflation meant that those in debt were effectively having to pay off more, since their wages decreased while the value of the debt remained constant or rose due to interest; this is known as a deflation trap.
The converse is also true of inflation; this actually benefits debtors, since the value of their debt decreases in relation to their income and assets.Comment
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