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To: patron_anejo_por_favor who wrote (222843)2/21/2003 12:27:44 AM
From: Spekulatius  Read Replies (2) | Respond to of 436258
 
<< A little inflation is good...if the PPI and the CPI go to 6% plus, it'll crush bonds and mortgage activity, kill the housing bubble and smash the dollar. Gold will do well, though....<G> >>
If CPI is indeed at 6% the real loosers will be the owner of mortgage debt, not the owner of houses. I'd love to see 6% inflation, my <6% interest mortgage would be basically for free...