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Lapel, In | I don't think we necessarily need the CCC loan prices adjusted. If would be nice, but not necessary. We should have taken a lesson from Brazil when they experienced hyper inflation a while back. Those farmers didn't sell a thing until they really needed the cash. We need to learn to do the same and immediately turn the cash into something with similar value at that time,. like a tank of fuel or a bag of seed. It is not a time to leave cash laying around in a bank account. And believe it or not, it is not a good time to retire debt when inflation is higher than the interest rate. Pay off your debts with cheaper dollars later on. | |
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