[Foundation-l] Relocation announcement

Thomas Dalton thomas.dalton at gmail.com
Sat Sep 22 20:44:36 UTC 2007


> Exactly.
>
> Except for the part about the value of a dollar dropping by 10%
> combined with the price of everything denominated in dollars
> increasing by 10% not mattering to anyone that isn't a currency
> speculator.  It'd matter greatly to everyone who has any asset or
> liability denominated in dollars (bank accounts, loans, CDs, accounts
> receivable, pensions, unemployment benefits, etc.).  And it'd also
> matter greatly to anyone who has to pay taxes, due to the [[tax on the
> inflation tax]].  And, it'd also matter to anyone who imports or
> exports anything.

Good point, you have to factor in interest rates as well.



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