[quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.