Quote:
Originally Posted by Dean2
The advice I am giving the people I consult for, make sure your money is in assets that will increase with inflation and that you get as much debt paid down as possible, even debt where the interest is tax deductible. Assets that earn income are a far better choice than straight cash in a savings account. Best of luck all.
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While I've always been of the opinion that paying down debt is a great thing to do - if we get into a real hyperinflationary period, isn't long term debt not necessarily a bad thing?