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Dumb question about hyperinflation ... or maybe not
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<p>[QUOTE="Pepperoni, post: 790220, member: 5520"]<b>Remember the late 1960 s &70s</b></p><p><br /></p><p>Interest rates were high . Companies that had low debt survived. Those who had low margins had to borrow money at 20% with net of 2-3% from their business. Even good cash flow could not keep you alive.</p><p>For the first time that we would call peace time a working mans check would not make ordinary debt service.</p><p> The only thing to get productivity, and a household income in line was to put the mothers to work. That was the start of having mom going to work with dad. It was difficult and they were not paid very well. Schools became the custodians of our children. Things changed drastically in America. The costs of taking mom from the home was more then could be calculated in currency. Americans quit doing many things together as family's. </p><p>We did not really know what was going on inS.E. Asia .</p><p>Until the V/Nam Memorial was built we saw that the first American to die on the wall was 1956, an Air Force individual.</p><p>The French were there first. They lost badly in 1954 with 500 million US dollars of support. French Indo China.</p><p>We worked in countries spending a lot of money in the late fifties and early sixties. Only those who did Military Recon knew where we were, and what countries we were looking at for bases and possible help. The money kept flowing out with no end in sight. I was surprised that we did not break the bank then. </p><p>You need the essentials to keep you going a bed, food, water,some type of barter items, and security if things get really bad. </p><p>We have been busy with every thing but taking care of America. We will have to make some choices that will entail," Them or US". Those who have gone to Washington to do our bidding, but did their own need to leave.</p><p>We can rebuild, there is 65 to 70% of Americans that are conservative in their thinking. We must take care of what is here. Nothing is more important then this country.</p><p>The Constitution is as important as when it was written</p><p>Freedom never goes out of favor.</p><p>Sorry for the long thoughts.</p><p><br /></p><p>Pep[/QUOTE]</p><p><br /></p>
[QUOTE="Pepperoni, post: 790220, member: 5520"][b]Remember the late 1960 s &70s[/b] Interest rates were high . Companies that had low debt survived. Those who had low margins had to borrow money at 20% with net of 2-3% from their business. Even good cash flow could not keep you alive. For the first time that we would call peace time a working mans check would not make ordinary debt service. The only thing to get productivity, and a household income in line was to put the mothers to work. That was the start of having mom going to work with dad. It was difficult and they were not paid very well. Schools became the custodians of our children. Things changed drastically in America. The costs of taking mom from the home was more then could be calculated in currency. Americans quit doing many things together as family's. We did not really know what was going on inS.E. Asia . Until the V/Nam Memorial was built we saw that the first American to die on the wall was 1956, an Air Force individual. The French were there first. They lost badly in 1954 with 500 million US dollars of support. French Indo China. We worked in countries spending a lot of money in the late fifties and early sixties. Only those who did Military Recon knew where we were, and what countries we were looking at for bases and possible help. The money kept flowing out with no end in sight. I was surprised that we did not break the bank then. You need the essentials to keep you going a bed, food, water,some type of barter items, and security if things get really bad. We have been busy with every thing but taking care of America. We will have to make some choices that will entail," Them or US". Those who have gone to Washington to do our bidding, but did their own need to leave. We can rebuild, there is 65 to 70% of Americans that are conservative in their thinking. We must take care of what is here. Nothing is more important then this country. The Constitution is as important as when it was written Freedom never goes out of favor. Sorry for the long thoughts. Pep[/QUOTE]
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Dumb question about hyperinflation ... or maybe not
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