To: Jason_b
Don't forget to factor in inflation. At average 7% yearly, and remember that the destruction of purchasing power compounds yearly, it might take a multiple of 20 years to get your capital back in real inflation adjusted terms7% inflation? Son, we're in a DEFLATIONARY cycle right now.
52 posted on
01/27/2003 10:36:33 AM PST by
Poohbah
(Four thousand throats may be cut in a single night by a running man -- Kahless the Unforgettable)
To: Poohbah
Right now.
Come back in 20 years and tell me what a paper dollar will buy, if it has not been replaced by an entirely new scrip by then.
62 posted on
01/27/2003 2:16:30 PM PST by
Jason_b
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