To: GeronL
remember that those dollars will be inflated dollars, it doesn’t mean the gold will be worth more. Yes but the debt I have now in dollars is not going to change as long as I don't add to it and I can pay it off with the money from my investment in gold.
11 posted on
09/28/2010 12:42:07 PM PDT by
bkepley
To: bkepley
Or just pay off the fixed debt with the double-digit inflated dollars....
22 posted on
09/28/2010 1:07:33 PM PDT by
rocket002
(99% of Democrats give the rest a bad name.)
To: bkepley
Yes but the debt I have now in dollars is not going to change as long as I don't add to it and I can pay it off with the money from my investment in gold. Actually, with today's interest rates it would be crazy NOT to go deeper into debt if double-digit inflation is coming.
25 posted on
09/28/2010 1:12:42 PM PDT by
wagglebee
("A political party cannot be all things to all people." -- Ronald Reagan, 3/1/75)
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