[extropy-chat] Extropian Scorecard - radical financial restructuring?
Extropian Agroforestry Ventures Inc.
megao at sasktel.net
Mon Nov 8 18:08:23 UTC 2004
Kevin Freels wrote:
>>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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>
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