On Sun, 09 May 2010 09:09:09 -0600, Canuck57
wrote:



For example, you take a 10 year t-bill at 0.5% and say inlfation runs an
average of 10%, then loaning the government cost you 50% in value even
though the $$$ amount in 10 years is slightly up.

It is also why US/Canadian government can no longer borrow money and
create it off their own banks...inflationary ponzi money

really?

by the way...what's the rate of inflation nowadays?

oh. there isn't any.


That is, a second crash is inevitable at this point. As Obama and
democrats are jack asses if they think they can debt-spend their way out
of a debt depression.

worked in 39, didn't it? our debt burden was higher then than it is
now.

but you're right wing...not too bright....you think black guys will
destroy the US