Yup.
And while everybody is thinking about Wall Street and their own wallet, here’s the bottom line.
WORLDWIDE HYPERINFLATION.
Read between the lines. Get out of debt as soon as practically possible. Buy Macaroni and cheese.
I’m series here folks.
This is hugh.
(I’m just jokin. Tomorrow, gas gonna be $1.17 a gallon. And bread will be .89 a loaf)
Paying back debt with devalued dollars isn’t such a bad thing as long as you can come up with them. The losers are the ones who lent the money when it was worth more.
Actually, people who are IN debt win in hyperinflation. They can pay pack with worthless paper, while those who have saved assets will have to go to work as Wal-Mart greeters.