Well, what’s your best guess. This period of low interest/inflation can’t last much longer. Not with the Governments current level of spending. My biggest fear is that when it does we the working class will be unable to maintain the assets we now enjoy. Your real estate loans won’t be to effected. A mortgage payment will remain the same which is good but the rest will soon overtake your ability to survive.
Am I being too paranoid or does anyone else see this as a problem.
Replies:
Posted by: fscobe on March 18, 2012, 8:00 am
Posted by: Stickman on March 18, 2012, 11:55 am
I am not very hopeful about the coming months and years. As the dollar loses value against other currencies prices for gas and imports will also rise. As gas prices continue to rise, they will affect prices of most goods as they have to be transported to the consumer. I am truly surprised inflation has been kept in abeyance as long as it has.
Only time will tell, however but the future does not look very bright from where I look at it.
Jerry
Posted by: NofieldFive on March 19, 2012, 3:43 pm
Audie
Posted by: Skinny on March 19, 2012, 10:31 pm
"NofieldFive" wrote: Can you spell SCREWED?
Audie
Yeah, it is a five letter word that begins with O and ends with a. When you figure it out it will hit you "bam".
