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Posts posted by Ferret
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8 minutes ago, pappysmarket said:
Home mortgage rates in 1983 in the US were 18%. I don't remember what car loans were.
In the U.S., I believe that mortgage rate interest is deductible on your income taxes. That is not the case in Canada.
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48 minutes ago, Jreboll said:
Raising interest rates raises the price of everything. When prices go up demand goes down. When demand is down prices go down so inflation lessens.
No kidding. I wonder how many people demand to have food on the table or a roof over their heads or clothes on their back. The rich get richer and the poor get poorer and the banks make out like bandits.
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4 hours ago, Mostlylost said:
The priority of Banixco, like the majority of the "central banks" in the world has been to use interest rates to try to control inflation, not to control financial markets. Banixco and the US Federal Reserve rate changes have been similar for the last years. In both cases the rate of inflation as been lowered as rates were raised. Also in both cases the value of the Dollar and the Peso surged, although the Peso surged more. Both countries could use lower value to help with exports.
If you follow the analysts. the consensus is that Mexico will lower rates sooner than th US because of lingering fears in the US of a recession.
I have never understood the raising of interest rates to slow down inflation. Please explain. It seems to me that the only ones who benefit are those that have cash on hand and that isn't the people who are just getting by. Businesses can't expand and employ more people. Nobody buys houses so there are no furniture or appliance sales. Everything you want to buy, like a house or a car costs more. I still vividly remember the 70's in Canada when a house mortgage was 10% and a car loan was 19%.
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Love 'em all. Out of reactions.
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Yes, I have the main feed in one window and just Mazatlan in another window. The main feed will be showing all of the locations where there will be totality all the way up to Canada...if you want to keep seeing it over and over. Very cool and very safe.
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Totality is finished in Mazatlan and the sun is starting to appear on the right hand side. If you missed it, I believe that the next city that they will show Torreon, Mexico
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It's just about 3/4 way through in Mazatlan where it will be a total eclipse. Here it won't be total but the link that Ibarra posted is showing Mazatlan as it is happening NOW in the occasional pop up insert... along with lots of other places where it is going to happen as it happens.
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Strom White is closest to you. Also iShop
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Then the cental bank should get their priorities in order. Yes, I know how much the remittances are in U.S. dollars... and
that translated to a whole lot less pesos than they were previously getting.
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Considering the huge quantity of U.S. dollars sent to Mexico in Remittances, the people who need that money are receiving far less... not good for them in addition to the inflation here. Also not good for tourism or exports. Amlo should realize this and take action. Opinions?
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40 minutes ago, ficklepie said:
So sad and pathetic all the people buying from WalMart.
So sad and pathetic that you have to comment on people buying from Walmart without knowing why or where else they shop.
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E-pura water states on their garafones and smaller bottles that the water does not contain sodium. That's important for anyone with hypertension. Reverse osmosis does the same thing but that probably wouldn't translate as effectively to the every day person. I also get E-pura garafones delivered by Walmart...part of my weekly order. I drink a lot of water.
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Gualberto Real and Son 331-026-5450 call or whatsapp. They are the ONLY repair service for large appliances that I recommend.
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No kidding. I don't need to be depressed on a daily basis.
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Out of reactions but that is SO funny!
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Agree. And I also like Walmart delivery. You pick the one hour time frame and day when you want delivery and they are prompt and efficient. Cash paid at the door. Even medicines and frozen goods. The frozen things arrive at my house more frozen than if I had stood in line at the cashier. LOL. I still want to pick out my fresh veg and meats but delivery sure saves wear and tear on my back. These delivery services are the only good thing that came out of the pandemic. Love 'em all.
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Gourmet Garage no longer exists. What is left of that store has moved to the Laguna Mall opposite Christine's Hair Salon. Sorry, I can't remember the new name.
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Natasha, I would expect communication (like local government Facebook pages) to be in Spanish. The Guadalajara Reporter would be for those who are not fluent or comforable communicating in Spanish. Yes, sunshineydays, that is the idea.
Went through the intersection yesterday... the no straight through sign to Walmart from the Libramiento is gone. As is the no left turn without arrow sign when turning onto the Libramiento coming from the west.
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I think it might be prudent for "the person who implemented these rules" to announce changes in the Guadalajara Reporter and/or other means of communication. He/she is leaving it up to us to figure it out or even notice. An announcement would also be something to put in the glove box of your car to show to policemen who haven't been notified and/or try to pull a fast one. It happens.
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To avoid any problems, it is a simple fix to carry a letter from the Doctor. My hubby did because he had his first hip replacement in 1990.
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She and her daughters are wonderful drivers. Never been late either.
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Between the delay for a search and the limitations of that search (no three letter words or acronyms) and the fact that the search function on here truly does suck, I just started using google to search. Invariably it is faster, better and I find exactly what I'm looking for ON Chapala.com's web board.
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Peso to U.S. dollar this morning
in Mexico General
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Watch the video that Jreboll posted at the bottom of page 9. I found it most enlightening. Appearances deceive.