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To: myrabach

Well.. It depends on your train of though.

You think paying your debts off with today’s dollars is a good idea. It’s an idea that is hard to argue with.

The fed thinks paying yesterdays debts off with highly inflated dollars later is a better idea.

Now.. If I where a betting man, I’d say inflation is coming, it might even be hyper inflation. And I’d lock in a low interest loan on a 100,000 dollar house knowing in 3-4 years I could very well be working for 1500 dollars an hour because of inflation and paying my 850 dollar house note would be no problem at all..

Buying a loaf of bread might be however.


15 posted on 09/10/2012 6:24:19 PM PDT by cableguymn
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To: cableguymn

It will not help those on Social Security.


16 posted on 09/10/2012 6:32:59 PM PDT by Irish Eyes
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