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To: yard_man who wrote (210794)	12/19/2002 6:47:08 PM
From: Tommaso	Respond to of 436258

If you don't spend money, you still have it. But maybe I got that wrong. What in the world is going to happen when interest rates go up? And it won't necessarily be Fed action. As soon as inflation becomes apparent people who hold money will require a higher payment for lending it out because it will be worth less. Geez--over the centuries 6% has been a normal standard to charge a borrower. And that has been with gold as a currency.