well if i had the scratch, i'd be buying pallets of romex now.
why? well we're going to inflate here, all the major economic commentators for the NYT and WSJ, etc are saying it
the flip side of inflating is devaluation. so part of the silver lining here is any debt one might have is lessened via inflation
wierd, i know, but it's actually a good time to be in debt
the thing is, China (our biggest international debtee) is asking the IMF (international Monetary Fund) to consider SDR's (special drawing rights) to take the place of the US dollar because they know this
i.e.~if the US dollar is no longer the benchmark in a global fiat, we'll not be able to have an inflationary cycle (see the former Argentinian model) altering those outstanding debts
so that gets me back to those rare earths, like romex.....
Notice all the buzz over that lately?
Maybe we should bury some NM-B in my backyard, and offer up some deals in 2010?
just sayin'....
~S~
