[extropy-chat] Extropian Scorecard

Kevin Freels cmcmortgage at sbcglobal.net
Fri Nov 12 03:44:46 UTC 2004


> thespike at satx.rr.com wrote:
> > People get over lots of changes. When inflation
> > robs us of our savings, we sit there quietly or
> > muttering; there's hardly ever a bloody
> > revolution with bankers' heads on poles.

Perhaps that is because so few people have savings and so many have debt.
One of the side benefits of inflation is that it destroys debt just as well
as it destroys savings...provided it is installment debt with a fixed
interest rate.

Kevin Freels






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