Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 10-03-2011, 09:55 AM
 
24,835 posts, read 37,322,457 times
Reputation: 11538

Advertisements

Quote:
Originally Posted by Cletus Awreetus-Awrightus View Post
Well, because you have no debt, therefore you have no liabilities that can be inflated away through the devaluation of the dollar.

Conventional wisdom in the 1980's and 1990's was that a company should borrow as much money as it possibly could. This was driven by the assumption that the debt would be paid back in the future by cheaper dollars. This mentality spread to housing and mortgages, as well.

By having no debt, you're at the losing end of the monetary inflation that policymakers forced upon us in the 80s 90s and 00s.

Apologies for drifting further off topic..
OK...thanks....
Reply With Quote Quick reply to this message

 
Old 10-03-2011, 11:38 AM
 
Location: Dallas
31,290 posts, read 20,722,524 times
Reputation: 9325
Quote:
Originally Posted by WalkTheLine View Post
But today if you stole you neighbors Lexus the community at large would be behind the guy that had it stolen but are we reaching a point where sentiment will shift where many will see the act as justified and the thief as a modern day robin hood?
I seriously doubt that anyone would think a car thief is like Robin Hood. Remember, Robin Hood shared his wealth with other poor people. I doubt that any car thieves will do that.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 12:47 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top