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  • March 29, 2009 at 12:44 PM #374914
    peterb
    Participant

    What a joke. Every govt wants to devalue it’s currency..that’s how they make it in the future. If you’ve got huge debt and you want to accumulate more debt, then you absolutely want a cheaper currency to pay it off in the future. Unless you somehow think you’ve got gigantic economic growth in your future…hahahaha

    March 29, 2009 at 1:59 PM #374331
    paramount
    Participant

    [quote=peterb]What a joke. Every govt wants to devalue it’s currency..that’s how they make it in the future. If you’ve got huge debt and you want to accumulate more debt, then you absolutely want a cheaper currency to pay it off in the future. Unless you somehow think you’ve got gigantic economic growth in your future…hahahaha[/quote]

    I’m not sure I understand this: Yes your debt may be cheaper in the future, but your still paying it off with the same cheap money…

    March 29, 2009 at 1:59 PM #374610
    paramount
    Participant

    [quote=peterb]What a joke. Every govt wants to devalue it’s currency..that’s how they make it in the future. If you’ve got huge debt and you want to accumulate more debt, then you absolutely want a cheaper currency to pay it off in the future. Unless you somehow think you’ve got gigantic economic growth in your future…hahahaha[/quote]

    I’m not sure I understand this: Yes your debt may be cheaper in the future, but your still paying it off with the same cheap money…

    March 29, 2009 at 1:59 PM #374786
    paramount
    Participant

    [quote=peterb]What a joke. Every govt wants to devalue it’s currency..that’s how they make it in the future. If you’ve got huge debt and you want to accumulate more debt, then you absolutely want a cheaper currency to pay it off in the future. Unless you somehow think you’ve got gigantic economic growth in your future…hahahaha[/quote]

    I’m not sure I understand this: Yes your debt may be cheaper in the future, but your still paying it off with the same cheap money…

    March 29, 2009 at 1:59 PM #374829
    paramount
    Participant

    [quote=peterb]What a joke. Every govt wants to devalue it’s currency..that’s how they make it in the future. If you’ve got huge debt and you want to accumulate more debt, then you absolutely want a cheaper currency to pay it off in the future. Unless you somehow think you’ve got gigantic economic growth in your future…hahahaha[/quote]

    I’m not sure I understand this: Yes your debt may be cheaper in the future, but your still paying it off with the same cheap money…

    March 29, 2009 at 1:59 PM #374949
    paramount
    Participant

    [quote=peterb]What a joke. Every govt wants to devalue it’s currency..that’s how they make it in the future. If you’ve got huge debt and you want to accumulate more debt, then you absolutely want a cheaper currency to pay it off in the future. Unless you somehow think you’ve got gigantic economic growth in your future…hahahaha[/quote]

    I’m not sure I understand this: Yes your debt may be cheaper in the future, but your still paying it off with the same cheap money…

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