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To: Vermont Lt
Of course, if you have gold or some other store of value, you can wait for the inflation, convert your gold and pay your house off with three or four ounces.

And pay capital "gains" tax on the value (in dollars) that said gold "appreciated".

14 posted on 09/08/2014 7:37:22 PM PDT by Darth Reardon (Is it any wonder I'm not the president?)
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To: Darth Reardon

Yeah, that’s true.

You really think the government is going to be running smoothly in that situation. You could probably make a deal to simply keep paying your mortgage at a reduced rate. The banks will be sinking. The IRS would be so short staffed it would never be able to keep up.

If we get to the point I described, the game is over.


16 posted on 09/08/2014 8:10:57 PM PDT by Vermont Lt (Ebola: Death is a lagging indicator.)
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