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Non-Tech : The Woodshed
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To: TheSlowLane who wrote (43948)9/9/2007 1:36:50 AM
From: Wade   of 60919
 
Paul,
Thanks. It is one of the best of Don Coxe's.

<And so this is the equivalent of what’s happened in banana republics in the past, where what they do is inflate the currency so that the people who’d saved get wiped out and the people who had debts, get redeemed. But to do this as a national policy would of course be a disgrace.>

I'll add:
..and those who lend money out go broke.

These could be the final outcome.
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