No more dreams about dung
J.I. Packer once asked, ‘What normal person spends his time nostalgically
dreaming of dung?’ One who doesn’t understand Philippians 3.7–10: But
2 years ago
Thursday, February 16, 2006
Speaking of assets and inflation...
word has it that M3, said to be the best indication of the money supply, has been increasing far faster than the value of goods and services produced and consumed in this country. This is historically a harbinger of coming inflation, so there is one asset you might want to have around in case it turns out to be true. It doesn't need to be a big item in your portfolio, but if bad turns to worse, it's nice to have some real money in your hands.