[quote=MountainBound]I’m a simple guy and economics discussed here by much smarter people is sometimes hard to follow.
Here is my simple explanation of inflation as it relates to printing money.
Since we are talking about monopoly money, lets talk abouthe the game of Monopoly.
-snip-
This is in essence what happens in our economy. The game goes on and on. This is why you could buy a candy bar for $.05 when I grew up, now it’s $1.00. If I would have saved that $.05, 50 years ago, it wouldn’t buy squat today.[/quote]
Lol, MB, not casting aside the “more educated” opinions on here, you and I seem to think pretty much alike along these lines.
Just curious, does your screen name indicate that you are thinking of retiring in the “mountains?” If so, where were you thinking of retiring??
