XPost: nf.general 
 From: genius@warp.nfld.net 
  
 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)