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To: rabscuttle385

If by “recover” they mean “return to the same numeric value”, well, maybe. (Maybe not, too.)

But what will a loaf of bread cost then?

And while your ability to claim losses against your taxes is limited, their ability to tax you all the way back up isn’t.


18 posted on 03/05/2009 12:12:39 PM PST by Pessimist
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To: Pessimist
If by “recover” they mean “return to the same numeric value”, well, maybe. (Maybe not, too.) But what will a loaf of bread cost then?

You just nailed down the difference between the nominal and real values of an asset.

22 posted on 03/05/2009 12:14:48 PM PST by rabscuttle385 ("If this be treason, then make the most of it!" —Patrick Henry)
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