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To: Les H who wrote (108457)6/13/2001 11:28:08 AM
From: GraceZ  Read Replies (2) | Respond to of 436258
 
And that's news? -g-

What inflation doesn't take the tax man does. I think you can go out and get a fairly decent restaurant meal from the real return (after tax after inflation) from putting 10k in a CD for a year.

At least you get return of your money.



To: Les H who wrote (108457)6/13/2001 10:07:56 PM
From: B.REVERE  Respond to of 436258
 
Conference board sees inflation rising? Where the hell have they been the last decade? Let's see, cd's and money markets are losing money to inflation, the markets are going nowhere the next few years, bond yields are probably gonna rise, nowhere to hide. Except GOLD, SILVER, ya know, the currency that doesn't get hammered by inflation. See
1980 for references.

Later,