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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: zonder who wrote (50075)	1/16/2004 1:51:23 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 57110

Don't you think the expected inflation would be a bit higher than 30% if there was a chance it could possibly be 160%? Yeah- -if it were generally known that that would happen. So what's the plan if I'm right? Hope you can jump before the train gets going too fast? So the interest is 5%. How do you know inflation will not be 10%? What will happen to your profits then? Buy I-bills then. publicdebt.treas.gov Now that does require faith in the US gov'ts CPI numbers- -which I don't have. But in theory it solves that problem. Or gold. The oldest money of all. Pays no interest, but gov'ts can't make more just by running the presses either. Of course, they CAN confiscate it, as was done in this country in the '30s.