Quote:
Originally Posted by KC911
Thank you John and everyone.... interesting thread and perspectives by all! Personal situations vary, but what's the downside to buying long term CDs or Corp. bonds and locking into pretty decent returns over several years... assuming you're not broke, debt free, and have a pretty nice cushion against some long term inflation? The Fed might tighten a bit more, but I don't see it staying that way for years either .... moving back to 3.5-ish territory. I hope we NEVER return to the .25 Fed rates we had for almost two decades either.
Cheap credit - the opiate of the masses 
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I guess the only problem with this is that most Americans are not in the situation that you are...and how they behave will affect those that are.
A period of wild inflation can help people in the right circumstances build wealth. Especially if relatively short and followed by low inflation. It can pretty much destroy those that are not in the proper situation.
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