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To: Victor Lazlo who wrote (123749)	4/17/2001 11:39:43 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

>>What if people are using credit so they can still contribute to a 401k that is matched 100% by their employer? Would you? That's a 100% tax-deferred gain every pay period.<< i miss those days... ;-) 50% +/- of people don't have a 401ks. some huge % have only a couple thousand. >>Do you believe the govt's inflation numbers? Even though they do not at all reflect how people really live? << no. the govt has an incentive to gloss over the bad - which makes the savings and debt numbers look even worse. i believe their have been 30+ adjustments to inflation over the last 5 years and each one lowered the number... >>So i could show up as consuming less, yet borrowing more. sure.<< others doing the same thing would cancel you out (they'd pay as you borrow). in fact, you'd cancel yourself out eventually. hey, that is a neat trick, though ;-) >>So it's open to interpretation to some degree.<< i agree. i just see this info in the backdrop of the biggest asset bubble and credit bubble in the history of the world. btw, i just heard their is $6.7 trillion in credit card debt (the avg person isn't paying introductory rates, either ;-).