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[bob ford <bobford79 AT yahoo.com>]

Actually, if you were really certain of high or hyper-inflation, the smart 
move, now, would be to acquiore as musc debt as possible, now, and lock in 
the present interest rates.  If inflations only reacheas 25% (got there 
during Carter), in less than 3 years , your monthly payments would be half , 
in inflation-adjusted real money, what they would be at present.  

For example; If your home is worth $1000.  You borrow the enite equity of 
$1000 and lock in rates of 7%.  Next year under Carter like inflation, you 
take that $1000 and put it in a CD drawing 25%, or mutual fund maybe making 
40%;.  You can pay the house payments just with the interest and soon have 
money left over.  

The problem is that nobody really knows how long we will have inflation vs. 
deflation or stagflation, etc.......bobford


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--- On Sun, 11/9/08, DSanner106 AT aol.com <DSanner106 AT aol.com> wrote:

> From: DSanner106 AT aol.com <DSanner106 AT aol.com>
> Subject: Re: [Homestead] Reinventing Collapse by Dmitry Orlov
> To: homestead AT lists.ibiblio.org
> Date: Sunday, November 9, 2008, 8:30 AM
> I had the same thoughts, I suppose if we expect a currency
> collapse, the  
> smart thing would be to pay off your land/home, and have
> your durable goods  
> stocked up. Buying them later with de-valued cash won't
> be good.
>  
> Drew
>  
>  
> In a message dated 11/9/2008 10:17:58 A.M. Eastern Standard
> Time,  
> bobford79 AT yahoo.com writes:
> 
> Don,  I've read this man's commentary before, maybe
> on nationalreview.com or  
> backwoodshome.com, I don't remember.  But, one thing in
> that blurb that  you 
> quoted he mentioned 'squirreling you money away". 
> That is good,  except most 
> people's money today is digital.
> 
> And, even if a  person withdrew actually physical cash,
> where would the 
> person put it, and if  the digital currency suffered great
> inflation, would thast 
> not devalue the  physical 'cash'.  Maybe something
> else you read in the book 
> could  answer......bobford
> 
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