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|    alt.fan.cecil-adams    |    Fans of legendary knowitall Cecil Adams    |    144,831 messages    |
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|    Message 144,268 of 144,831    |
|    hymie! to who    |
|    Re: A question about U.S.A. money and th    |
|    04 Apr 22 14:32:34    |
      From: hymie@nasalinux.net              In our last episode, the evil Dr. Lacto had captured our hero,        Roger House <61rroger@gmail.com>, who said:       >If the government       >ever DOES print more money and the value of the U.S. dollar does drop,       >can I still take the money that I get and pay my rent and bills, buy       >groceries, keep good repair clothes and shoes on hand, and have some       >cable t.v. and internet entertainment? If yes, then WHY should and/or       >do I care if/that the value of the U.S. dollar drops. Thank you.              If the value of the dollar drops, then your dollar has less purchasing       power. You can still buy gasoline, but you will pay $4 per gallon instead       of $3 per gallon. You can still buy clothes, but your shirt will cost       $15 instead of $12. You can still buy food, but your milk will cost $5       per gallon instead of $4 per gallon.              Is your job going to pay you more dollars, to compensate for the loss in       purchasing power of the dollars you get?              --hymie! http://nasalinux.net/~hymie hymie@nasalinux.net              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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