Posted by JRSutton on February 27, 2014 at 08:14:52 from (100.0.77.120):
In Reply to: Bitcoin posted by RodInNS on February 27, 2014 at 07:46:03:
When you're in debt - you want money to lose as much value as possible.
And we're certainly in debt!
It's in our government's interest to keep printing more and more money.
But it can work in our favor too.
Say you buy a house now, and it costs you 3000 a month for 30 years.
It might be a pain every month now, but 20 years from now money will be worth so much less. You'll wonder why you ever thought a little 3000 dollar payment ever worried you. Everybody else will be paying twice as much for their homes.
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Today's Featured Article - Old Abe is Still Making Hay - by Jeremy Sweeten. Things have changed a bit since my last article. I am now almost finished graduate school at Purdue University. I am still in Agronomy, but specializing in hay and forages. My wife has survived two years of marriage to a part-time farmer. The equipment line up has changed a bit too. The DC has retired to
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