August 24th, 2019: Alcohol

Griff · 08-24-2019, 07:40 AM

Am I mistaken or are rich folks are getting a little desperate looking for a safe place to store dollars? Fortunately, I don't have such problems.

xoxoxoBruce · 08-24-2019, 09:25 AM

I don't think there is a safe place to store money, if it's not making money it's slip sliding away. I was looking at an inflation calculator and plunked in the $5125 I paid for a car in 1969 and it said that would be close to $37,000 today. So if I'd had stashed that cash in my garter belt I'd have lost $32,000 in buying power.

Imagine spending a million bucks for a bottle of booze and finding the butler and upstairs maid drank it and broke the bottle.

08-24-2019, 07:40 AM	#1
Griff still says videotape Join Date: Feb 2001 Posts: 26,813	Am I mistaken or are rich folks are getting a little desperate looking for a safe place to store dollars? Fortunately, I don't have such problems. __________________ If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis

08-24-2019, 09:25 AM	#2
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I don't think there is a safe place to store money, if it's not making money it's slip sliding away. I was looking at an inflation calculator and plunked in the $5125 I paid for a car in 1969 and it said that would be close to $37,000 today. So if I'd had stashed that cash in my garter belt I'd have lost $32,000 in buying power. Imagine spending a million bucks for a bottle of booze and finding the butler and upstairs maid drank it and broke the bottle. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

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