Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RWR8189
The low long term interest rates could be explained by the expected decline in the actual value of the Dollar.

A penny candy of 30 years ago is now selling for a quarter.

This tends to make saving money silly when its value is eroding, the trick is to save something that will hold value.

12 posted on 06/27/2005 2:34:23 AM PDT by Mark was here (My tag line was about to be censored.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Mrs Mark

A tv that cost $1000 ten years ago costs about $300 now. A computer which costs $3000 ten years ago costs about $300 now. Your example is not that definitive.


32 posted on 06/27/2005 2:00:39 PM PDT by justshutupandtakeit (Public Enemy #1, the RATmedia.)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson