Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (8520)	2/28/2002 11:31:37 AM
From: TheBusDriver	Read Replies (2) of 36161

Hi VT. Thanks for trying to help. I guess you could say that with cheaper dollars debt would be easier to pay off that was created with more expensive dollars. However, it is not that simple I think. With inflation you also have rising cost. The time I lived through an inflationary period in the late 70's and early 80's it was my experience that salary did not keep up with inflation. So my buying power was erroded even though my salary went up 3% - 5% a year. Inflation was twice that. In short, we have a system in equilibrium. If money gets cheaper, costs go up to off set it. Maybe I am just taking a too simplistic view. I don't want to beat a dead horse so don't feel bad if you don't what to continue....I'll understand. Wayne

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