XPost: nf.general 
 From: butlerandreww@nospam.hotmail.com 
  
 Exactly.  You are right.....and none of this that you've said about 
 inflation has anything to do with your personal bank account. You 
 seemingly suggested originally that you lose more money through 
 inflation than you do by keeping your money at home.  Thats just absurd. 
 You are losing money to inflation regardless, it has nothing to do with 
 interest accrued at your bank. 
  
  
 A 
  
  
  
 Genius wrote: 
 > You lose money because of inflation. If you put it in a bank or under a bed 
 > you lose money both ways. 
 > Inflation last year was 2.6% so if you put your $800.00 in a bank and 
 gained 
 > 1% interest which is about all you will get, then you would have $808.00 at 
 > the end of the year, BUT inflation decreases the Value of your money. The 
 > eight hundred you had last year is worth less because on average anything 
 > you buy this year is 2.6 percent more expensive. So your eight hundred 
 > actually loses 2.6% which is $20.80. 
 > Now the most you make on the eight hundred is $8.00 if your account pays 
 you 
 > 1%. 
 > 
 > Inflation simply means the percentage that prices have gone up in a year. 
 > Obviously your eight hundred will not buy as much this year as last year. 
 > Because the interest from the bank is so low you are losing money to 
 > inflation. 
 > So now your money has lost about $12.00 because it just can't buy as much 
 as 
 > last year. That is the difference between your interest and inflation. 
 > 
 > 
  
 --- SoupGate-Win32 v1.05 
  * Origin: you cannot sedate... all the things you hate (1:229/2)