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<p>[QUOTE="rickmp, post: 1913601, member: 28047"]And then when your pay check and bank balance would be adjusted downward by 90% to compensate, there would be no benefit to anyone but coin and currency hoarders.</p><p><br /></p><p><br /></p><p>Before anyone jumps on these calculations, I'll explain:</p><p>If $50 is now worth $500, you'd only get paid $50 instead of $500. Exactly the same spending power.</p><p>Your bank balance is reduced from $5K to $500. Exactly the same spending power.</p><p>But then, people don't want to acknowledge that side of the coin, they only see free money that isn't really there.[/QUOTE]</p><p><br /></p>
[QUOTE="rickmp, post: 1913601, member: 28047"]And then when your pay check and bank balance would be adjusted downward by 90% to compensate, there would be no benefit to anyone but coin and currency hoarders. Before anyone jumps on these calculations, I'll explain: If $50 is now worth $500, you'd only get paid $50 instead of $500. Exactly the same spending power. Your bank balance is reduced from $5K to $500. Exactly the same spending power. But then, people don't want to acknowledge that side of the coin, they only see free money that isn't really there.[/QUOTE]
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