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Re: Re: A worth of a dollar???
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Posted by sawtooth on December 31, 2004 at 06:03:01 from (220.127.116.11):
In Reply to: Re: A worth of a dollar??? posted by Hayman on December 30, 2004 at 21:33:02:
Yesterday I listened to talk radio, I think it was Rush Limbaugh's substitute that talked about this subject. He said when the baby boomers retire and plan on getting social security it will be an "economic tsunami" and there isn't nearly enough personal savings. When he said that I had to think... what will a dollar be worth in 10 years... 20 years? Seems like a good part of the saving needs to be in hard assets. But if the general population doesn't have money to trade for your assets what will they be worth? I told my wife about this, she said "this kind of talk has been around for years..."
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