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To: Johnny Canuck who wrote (32757)1/10/1998 7:30:00 PM
From: j g cordes  Respond to of 58727
 
Harry, lets say we have real deflation, what do you do? With rising inflation you go into debt for leveraged deductable assets and let inflated, less valuable dollars pay them off in the future.. this game made millionaires out of heavy real estate borrowers in the 70s-80s. What is leveragable and deductable now that could be paid off by deflation?

Jim