IM has become shit because of USD



Wicked, you also forgot that our SG government is letting SGD run like a horse without any intervention from MAS. USD weakening and SGD strengthening day by day = $1.15 soon.

It seems it corrected after today's market fall, looks like $1.22. still remember the good old days back in 2006, when i used to cash checks @ 1.6. fuck yeah
 
I appreciated the sheryl crow...I think that was perhaps the most genuinely useful thing in the thread? (At least she's hot)
 
Sittin pretty over here with my UK payday loan sites, $40 wire fee kinda sucks.
 
Just buy real estate with loans with super low interest rates.

Then when the dollar inflates huge, which it will, pay off the loans with worthless paper.

Then after a while things will correct and you'll be sitting on top.

Also, if you have properties with low interest rates most likely, because little will sell at that time, you'll be able to sell the properties with a wrap at a premium.
 
I like it. But what kind of properties? And where? Drive around Las Vegas and you see what must be 50 years worth of excess inventory all sitting vacant - houses, condos, strip malls. Saw some video of a guy driving around south Florida - mile after mile of big houses on big lots with for sale signs out front.
 
smaxor said:
Just buy real estate with loans with super low interest rates.

Then when the dollar inflates huge, which it will, pay off the loans with worthless paper.

Then after a while things will correct and you'll be sitting on top.

Also, if you have properties with low interest rates most likely, because little will sell at that time, you'll be able to sell the properties with a wrap at a premium.
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Assuming that your salary or the money you make from IM is constant, isn't there really not much benefit here? You're still making the same amount of money and paying a certain amount of money anyway. If the money you made from IM went up due to inflation, then there would be a benefit, but I just don't see email submit CPAs or rebills prices going up tbh.

Then again, I really don't know much about this subject and macro economics.
 
pbakos92 said:
Assuming that your salary or the money you make from IM is constant, isn't there really not much benefit here? You're still making the same amount of money and paying a certain amount of money anyway. If the money you made from IM went up due to inflation, then there would be a benefit, but I just don't see email submit CPAs or rebills prices going up tbh.

Then again, I really don't know much about this subject and macro economics.
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The way inflation works, everything goes up in price because the dollar becomes worth less. If prices go up on on products then you'll get paid more commissions. Just overall the dollar becomes worth less so it takes more to do everything including pay employees, buy products, etc.
 
I can feel the pinch with the USD dropping every single day. In the past, it was a 1.5 sgd to 1 usd and now it drops to 1.2sgd to 1 usd. Even thought my sites generated more revenue in the past 1 year, due to this exchange rate, it renders my growth worthless. I can't imagine what will happen if the Global debt bubble burst!
 
If the commissions are percentage based then that's automatic, provided the merchant keeps the commission rate steady.
 
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