Re: [Goanet] Currency Values

2007-11-20 Thread Mario Goveia
Date: Mon, 19 Nov 2007 10:20:03 -0800 (PST) From: Mervyn Lobo [EMAIL PROTECTED] Mario, I have tried to make this as clear as I can, the 5.1% rate used, once again, is the privately calculated US inflation rate. No one trusts US govt numbers anymore. This is not difficult to understand, it is

[Goanet] Currency Values

2007-11-19 Thread Mario Goveia
Mervyn Lobo mervynalobo at yahoo.ca Fri Nov 16 08:53:52 PST 2007 wrote: Mario, The worthiness of official US Govt info took a nose dive after they announced that Iraq had WMD and was ready to attack in 45 minutes. Since then, no one trusts their info. Financial firms are collecting their own US

Re: [Goanet] Currency values

2007-11-19 Thread Mervyn Lobo
Mario Goveia wrote: Even Mervyn Lobo has now confirmed that the 5.1% he had mentioned was a rate used by non-US lenders when making loans to American businesses, which would be a hurdle rate that is always higher than the inflation rate by an amount that reflects the lender's perceived risk

Re: [Goanet] Currency values

2007-11-17 Thread Mervyn Lobo
Mario Goveia wrote: So, let me get back to safer ground by using the official US government statistical information since the entire financial world uses this as their primary reference on information about the US, other than those who confuse US government statistics with US government

Re: [Goanet] Currency values - response to Gabe

2007-11-17 Thread Mario Goveia
Date: Wed, 14 Nov 2007 15:27:43 + From: Gabe Menezes [EMAIL PROTECTED] Mario has claimed to be an MBA. Therefore I am taken aback that he had to resort to Google, to try and fathom out what is really going on w.r.t inflation gauging in the USA. Mario asks: Gabe says he is taken aback that I

[Goanet] currency values

2007-11-17 Thread Bhandare
Dear All: once again bwana mervyn is dancing around the bushes ... to recap: mervyn said the the inflation index doesnt include food and fuel.. mario responded that it does.. the FACt is there are different indices and some exclude certain items..so to be fair to mervyn and mario both are

Re: [Goanet] Currency values

2007-11-15 Thread Mario Goveia
* GOANET C * O * M * M * U * N * I * T * Y E * V * E * N * T * Xavier Center of Historical Research presents HISTORY HOUR

Re: [Goanet] Currency values

2007-11-14 Thread Gabe Menezes
On 12/11/2007, Mario Goveia [EMAIL PROTECTED] wrote: Mario responds: I was surprised to read this as I did not recognize two of the assertions made therein: a) that inflation in the US is running at 5.1%, and b) that the US excludes the cost of food and gasoline (petrol) in calculating US

Re: [Goanet] Currency values

2007-11-13 Thread Mervyn Lobo
Mario Goveia wrote: I was surprised to read this as I did not recognize two of the assertions made therein: a) that inflation in the US is running at 5.1%, and b) that the US excludes the cost of food and gasoline (petrol) in calculating US inflation. Mario, I do believe your absence from

[Goanet] currency values - complete post

2007-11-13 Thread Bhandare
Dear All: If mario Goveia is correct it means that our gaunthi Soros is seriously misinformed and what is worse is that he is freely disseminating his factually incorrect information with impunity on goanet. I am waiting for an clarification. Mervyn is probably talking about the core CPI which

[Goanet] Currency values

2007-11-12 Thread Mario Goveia
Mervyn Lobo mervynalobo at yahoo.ca Sat Nov 10 19:59:47 PST 2007 wrote: Inflation in the US is running at 5.1%. As you know, the US has an unique method of measuring inflation. It does not take into account the cost of food and petrol. Maybe this is because US residents are not concerned about

Re: [Goanet] Currency values

2007-11-10 Thread Mervyn Lobo
Vivian A. DSouza wrote: And what is this constant harping on the under-valued rupee? The rupee has appreciated at least 25 percent against several major currencies in the past year, and is bound to appreciate further as the Indian economy booms. The undervalued rupee is a mixed