Comments on: Inflation-Adjusted Cost of Gas is the Same as Before https://phantasmix.com/inflation-adjust-cost-of-gas-is-the-same-as-before/ Stock Market and Personal Finance Thu, 24 Jul 2008 13:28:20 +0000 hourly 1 https://wordpress.org/?v=6.8.1 By: Phantasmix https://phantasmix.com/inflation-adjust-cost-of-gas-is-the-same-as-before/comment-page-1/#comment-1744 Thu, 24 Jul 2008 13:28:20 +0000 http://www.phantasmix.com/index.php/2008/07/18/inflation-adjust-cost-of-gas-is-the-same-as-before/#comment-1744 Canadians’ saving rate is low, though I don’t think it’s negative.

And apparently Americans who borrowed too much were the smart ones. 1) They’ll be rescued (I’m talking about mortgages) 2) Thanks to the weaker dollar because of it, the whole world will pay via inflation.

Would’ve been smart to borrow a ton of money, live large and then maybe pay back later using cheaper dollars, or even have the government later pay off the debt. Hey, anything is possible.

I’m oversimplifying but can you argue that? Makes my blood boil. My parents are back home and inflation there is 29% in 2007-2008, again, thanks to the dollar.

]]> By: The Sarcasticynic https://phantasmix.com/inflation-adjust-cost-of-gas-is-the-same-as-before/comment-page-1/#comment-1741 Thu, 24 Jul 2008 10:08:54 +0000 http://www.phantasmix.com/index.php/2008/07/18/inflation-adjust-cost-of-gas-is-the-same-as-before/#comment-1741 Hey, at least you saved. As you’ve probably read, Americans’ savings rates have gone upside down. Don’t know what the situation is in Canada.

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