Comment: As we will show below, Dr. Bawumia chooses whether to use constant USD dollars or
historical dollar rates depending on which point he is canvassing.
Not exact matches
These high and low projections, based on 2006 — 07
dollar spending, are the result of calculating
historical rates of least and greatest growth and applying those
rates to create low and high projections until 2020.
I might then like to know how much that corresponds to in U.S.
dollars today, taking both
historical exchange
rates and inflation into account.
As I noted this past January in Sixteen Cents: Pushing the Unstable Limits of Monetary Policy, a collapse in short - term yields to nearly zero is a predictable outcome of QE2, based on the very robust
historical relationship between short - term interest
rates and the amount of cash and bank reserves (monetary base) that people are willing to hold per
dollar of nominal GDP:
We also compile monthly
historical values for the average of the London Interbank Offered
Rates (LIBOR) for 1 - month, 3 - month, 6 - month and 1 - year U.S.
dollar denominated deposits, as posted by Fannie Mae (FNMA).
Apparently, the spread of
dollar values at year 30, which is what the new procedure uses, does not translate well into the spread of
Historical Surviving Withdrawal
Rates about the Calculated
Rate.
Assuming that you could earn the average
historical pre-tax return of 4 % annual interest
rate on these $ 36,000
dollars, your taxable savings account would yield $ 1,440 in additional taxable income.
Higher
rates in the US would be expected to decrease the value of gold, ceteris paribus, due to the
historical relationship of the convertibility of gold into US
dollars based on the Bretton Woods system (in place from 1945 - 1971).
This interactive chart compares 1 Month, 3 Month, 6 Month and 12 Month
historical dollar LIBOR
rates back to 1986.
As the galavanting guru Arthur Frommer points out in a recent blog post, the exchange
rate of the Indian Rupee is at a
historical low as compared to the U.S.
dollar, with each greenback returning about 53 rupees.