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1973 or 2008
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<blockquote data-quote="backhoeboogie" data-source="post: 555447" data-attributes="member: 3162"><p>The difference for me is that this time I will be on the other end of it. </p><p></p><p>If you get double digit inflation, kids should buy all they can get the banks to loan them the money to acquire. </p><p></p><p>Old folks on fixed incomes are going to be hurting extremely bad. There are ways to hedge against inflation but it is like playing poker. </p><p></p><p>I agree with everything CB said about this subject. Jimmy worked his tail off and probably worked more hours that any other president in history. Bless his heart, he just couldn't do the right things and nothing went the way he anticipated it to go. All of his actions resulted in opposite reactions.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 555447, member: 3162"] The difference for me is that this time I will be on the other end of it. If you get double digit inflation, kids should buy all they can get the banks to loan them the money to acquire. Old folks on fixed incomes are going to be hurting extremely bad. There are ways to hedge against inflation but it is like playing poker. I agree with everything CB said about this subject. Jimmy worked his tail off and probably worked more hours that any other president in history. Bless his heart, he just couldn't do the right things and nothing went the way he anticipated it to go. All of his actions resulted in opposite reactions. [/QUOTE]
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