View Single Post
Old 02-06-2013, 13:06   #33
jeanderson
Platinum Membership
Toga!... Toga!
 
jeanderson's Avatar
 
Join Date: Apr 2012
Location: NE Ohio
Posts: 2,634
Quote:
Originally Posted by certifiedfunds View Post
If inflation takes off you're gonna be eating dog food.
If you keep your money in cash throughout a long period of inflation, it is true you will lose money. But inflation will not double the price of everything overnight. However, the stock market can drop like a rock in a day or two and you will lose your money before you know what hit you.
__________________
“At what point then is the approach of danger to be expected? I answer, if it ever reach us, it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.”
- Abraham Lincoln
jeanderson is offline   Reply With Quote