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Old 07-03-2009, 04:24 PM
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NoDrama
Mr.Ganja
Mr. Ganja
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Join Date: Jul 2007
Location: I come from the land of the ice and snow, From the midnight sun where the hot springs blow.
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The biggest problem with Inflation is when it gets so out of hand people stop accepting the currency as payment. Instead they will only take a barter trade or gold/ silver. What happens when you have nothing but cash and no one will take that cash? You will starve.

Inflation does make the house payments easier for the general public and any loan with set payments also will be easier for the consumer to pay off. that is IF he has any money left over after buying food. When you get paid 10,000 per week, but just a loaf of bread costs $10,000, which are you going to do first? Eat or lose your house, you can live without a house so it makes that question a no brainer.
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