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Old 03-21-2009, 12:15 AM
 
20,346 posts, read 19,937,992 times
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The only thing out there is all negative.

What's the positive for us?

Last edited by doc1; 03-21-2009 at 12:29 AM..
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Old 03-21-2009, 12:20 AM
 
Location: OB
2,404 posts, read 3,949,776 times
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trillion dollar priniting of money?
Quote:
Originally Posted by doc1 View Post
The only thing out there is all negative. What's the positive for us?
Look at Zimbabwe son. You tell me.
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Old 03-21-2009, 12:20 AM
 
Location: Hometown of Jason Witten
5,985 posts, read 4,380,644 times
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Quote:
Originally Posted by doc1 View Post
The only thing out there is all negative.

What's the positive for us?
There is a temporary "cash flow" benefit, but that will be outweighed a year or two from now when we have an inflation rate that will far exceed Jimmy Carter's 13%.
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Old 03-21-2009, 12:21 AM
 
Location: OB
2,404 posts, read 3,949,776 times
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Originally Posted by Ridgerunner View Post
There is a temporary "cash flow" benefit, but that will be outweighed a year or two from now when we have an inflation rate that will far exceed Jimmy Carter's 13%.
So true
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Old 03-21-2009, 12:22 AM
 
Location: Del Rio, TN
39,875 posts, read 26,521,399 times
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Jobs for loggers? Other than that, nothing but downside...much higher debt that we will have to repay and/or inflation.
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Old 03-21-2009, 12:31 AM
 
20,346 posts, read 19,937,992 times
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Where would you put your extra cash outside of CDs, money markets etc?
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Old 03-21-2009, 12:35 AM
 
Location: Rural Northern California
1,020 posts, read 2,755,586 times
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Quote:
Originally Posted by doc1 View Post
Where would you put your extra cash outside of CDs, money markets etc?
You won't have extra cash once the inflation catches up with us...things will just be more expensive.
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Old 03-21-2009, 12:47 AM
 
20,346 posts, read 19,937,992 times
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Originally Posted by Widowmaker2k View Post
You won't have extra cash once the inflation catches up with us...things will just be more expensive.
I've got it now.
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Old 03-21-2009, 12:49 AM
 
20,346 posts, read 19,937,992 times
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Quote:
Originally Posted by Widowmaker2k View Post
You won't have extra cash once the inflation catches up with us...things will just be more expensive.
I've got the cash now, that's why I asked. I'm just curious as to people's opinions, not looking for hard core investment advice.

Some of my co-workers are buying gold. Both hard bullion and in certificate form.

I'm studyng up on that since I know nothing about it.
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Old 03-21-2009, 01:13 AM
 
Location: Rural Northern California
1,020 posts, read 2,755,586 times
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Quote:
Originally Posted by doc1 View Post
I've got the cash now, that's why I asked. I'm just curious as to people's opinions, not looking for hard core investment advice.

Some of my co-workers are buying gold. Both hard bullion and in certificate form.

I'm studyng up on that since I know nothing about it.
Well, in that case, gold or other commodities aren't a bad idea. I just did a google search, and it came up with this MSN Money article. Take it for what it's worth, I guess.

Inflation-proof your portfolio - MSN Money (http://articles.moneycentral.msn.com/Investing/SimpleStrategies/InflationProofYourPortfolio.aspx - broken link)
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