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To: Toddsterpatriot
That would be terrible for us.

Well, if you have the time, I'd be fascinated to know why a dollar with increasing purchasing power would be terrible for us. Now, if you're a dyed-in-the-wool inflationist, I probably won't change your mind. I think inflation is ruinous.

27 posted on 02/29/2012 2:11:15 PM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: BfloGuy

Say the dollar increases in value 3% each year.
Would you buy a house?
Would you delay major purchases as mush as possible?
Would you borrow money to build a factory to manufacture goods?


28 posted on 02/29/2012 2:18:16 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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