Money is a commodity now like everything else. There is no gold or silver baking it and it has no mystical or other intrinsic worth. So when the price of things go down, and that's a bad thing, money becomes more valuable but only in comparison to the things you might have bought with it.
If you hold on to the money and the price of things goes down your money is worth more even though you have the same amount of money. If you hold on to money while the price of things goes up, it's worth less.
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Today's Featured Article - New Life for an Old Allis - by Tyler Woods. My friend Jon, has an old '39 Allis Chalmers B. He thought it a marginal tractor that had long since served its time. She smoked terribly and never had much power but he couldn't afford another so he was limping along with what he had. Jon's Allis has a small front loader and though it doesn't carry much, it serves his needs. It was the hard starting and low power that made him think it was time to replace the old girl. Jon called me to help him discover why his tractor wouldn't start
... [Read Article]
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