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Old 02-19-2010, 11:06 AM   #93 (permalink)
ASU2003
immoral minority
 
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Location: Back in Ohio
Certain people will benefit from higher interest rates, higher taxes, less money, stronger dollar, lower stock prices, and deflation. It might not be you, but there are winners. I like higher interest rates, a strong dollar, and deflation (lower commodity prices). I have quite a bit of money in a savings account, but I am also locked in at a low rate on my mortgage.

If I had to buy a house, I would want really low rates, and easy credit available with a large monetary supply.

If I was getting ready to retire, it might be different. I wouldn't want the stock market to crash before I was able to get out. I would be worried about inflation or the dollar getting really weak. I would also be worried about taxes.

If I was a high school kid, I want my $7/hour to actually buy something.

If I was a 40-something business owner, I would want lower rates. Easy loans, and low taxes.

If I were a foreigner, I would want a weak dollar to be able to buy more and get more on vacation here.

If I was paying back the national debt, I would want our money to be worth less than it is now with an increasing monetary supply.
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