prepared for inflation?

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  • tyler34

    Grandmaster
    Rating - 100%
    2   0   0
    Dec 2, 2008
    8,914
    38
    bloomington
    bring it on!:D

    2011-04-07_14-05-03_216.jpg


    2011-04-07_14-05-17_593.jpg
     

    Mr.JAG

    Expert
    Rating - 100%
    16   0   0
    Aug 26, 2010
    1,258
    38
    Indianapolis, IN
    I've got a buddy from Zimbabwe getting me a couple of his countries million and billion dollar bills.

    This stuff actual happens to countries not paying attention.
     

    dross

    Grandmaster
    Rating - 0%
    0   0   0
    Jan 27, 2009
    8,699
    48
    Monument, CO
    Yes, I intend to do some borrowin' here real soon. Buy goods now with borrowed dollars at a low interest rate, pay them back with dollars worth much less.
     

    Plinker

    Sharpshooter
    Rating - 0%
    0   0   0
    Dec 26, 2010
    622
    16
    Fort Wayne
    Yes, I intend to do some borrowin' here real soon. Buy goods now with borrowed dollars at a low interest rate, pay them back with dollars worth much less.

    That was exactly my thought. A positive side of inflation is my $1000 house payment isn't as much money as it was when we bought the house.
     

    Lex Concord

    Not so well-known member
    Site Supporter
    Rating - 100%
    26   0   0
    Dec 4, 2008
    4,492
    83
    Morgan County
    That was exactly my thought. A positive side of inflation is my $1000 house payment isn't as much money as it was when we bought the house.

    While technically true, that's only beneficial if your income is keeping up with inflation.

    For most, that's not the case, at least not yet.

    In the meantime, we'll just have less left for the house payment after buying other necessities.

    Thanks, Greenspan/Bernanke :noway:
     
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