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To: Obadiah
if we get hyperinflation, will our stocks rise too?.......rates on savings?.....

just want to know....looking for a positive....

31 posted on 03/19/2009 1:29:10 AM PDT by cherry
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To: cherry
if we get hyperinflation, will our stocks rise too?.......rates on savings?.....

Short answer..., probably yes. However, the bad news is that the rise in the market value of your assets WILL NOT keep up with the rate of inflation and you will lose true net worth daily (along with your purchasing power).

Inflation is inevitable under our current monetary system where currency is created from thin air and merely backed by the "full faith and credit" of the issuing governmental body. It is just a matter of the rate of inflation at any given time.

Since the creation of the Federal Reserve nearly 100 years ago, a dollar's purchasing power at that time is worth less than 5 cents today (and that is by using "Official Inflation" data which has been politically manipulated for decades now!)

A website calculating such data may be found at:

http://www.westegg.com/inflation/

32 posted on 03/19/2009 1:45:59 AM PDT by ExSES (the "bottom-line")
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