[clue-talk] The stimulus bill
Nate Duehr
nate at natetech.com
Mon Feb 2 21:06:15 MST 2009
I think so too, but it'll take a while. Good to watch for if you have
money to invest to stay "ahead" of it as the dollar deflates. That is,
if you have a job.
--
Nate Duehr
Sent from my iPhone
On Feb 2, 2009, at 20:54, Dennis J Perkins
<dennisjperkins at comcast.net> wrote:
> I expect that all of this bailout money and economic stimulus will
> result in record inflation.
>
> I remember the inflation rate of the late 70's and early 80's. If I
> recall correctly, I paid 14% interest on my home in 1985, and the
> interest rate was variable because you couldn't get fixed rate.
> Luckily,
> I bought about the time the rates started to decline.
>
> I would not be surprised to see rates exceed that period.
>
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