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Reply #12: I have some i-bonds that I bought a couple of years ago [View All]

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Home » Discuss » Topic Forums » Economy

Boom_cha

(431 posts) Send PM | Profile | Ignore

Mon Jul-21-03 01:37 AM
Response to Reply #10

12. I have some i-bonds that I bought a couple of years ago

I think mine have a base rate of 3% not 1.1%.
Gold will not lose value in a deflationary environment. The reason is that at the first whiff of deflation, the Fed will ramp the money supply with reckless abandon. Gold is a win-win situation. You win with inflation and you win with deflation because the Fed's response to deflation will be tremendously inflationary.

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