the good old IKE

Originally Posted by Copper Head

What a whacked world we will have. Don't worry Joe will know just as we do - his life will depend on it , as will ours.
One thing we all can agree on is , what good will the paper money be if the s**t hits the fan.

Paper money will be great to pay off your fixed low interest house loan since inflation means your payments will be low in real buying power. I mean realy if the s*&t did hit the fan what would you rather be paying off something useful like a house with depreciated monopoly money or living in a honda with jars full of pennies because you cannot afford rent anymore?

Originally Posted by unknownk

Paper money will be great to pay off your fixed low interest house loan since inflation means your payments will be low in real buying power. I mean realy if the s*&t did hit the fan what would you rather be paying off something useful like a house with depreciated monopoly money or living in a honda with jars full of pennies because you cannot afford rent anymore?

the money will be worth the same reguardless so id rather have the copper pennies over paper, they are still backed by copper value reguardless of what happens to the dollar =)