[clue-talk] The stimulus bill

[Dennis J Perkins]

Probably 18-24 months.  That's usually how long it takes for govt action
to really affect the economy.

On Mon, 2009-02-02 at 21:06 -0700, Nate Duehr wrote:
> 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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