The Euro's Heading Down

Is it that simple? If the value of the Euro goes down, then fuel prices goe
up in Europe and inflation might occur, causing the price of the goods to
increase - offsetting the gain due to excahnge rate.

I had a friend who was a U boat commander in WW II. At wars end, he was in
Japan and came to the US after the war as a student and remained here. Long
after he retired, we were having lunch and he remarked how good he had it.
He got both social security and special compensation form the German
government. Whenever the mark or the dollar was devalued, he got more
money. He had the perfect hedge against inflation.

If you want a nice sailplane, the answer is simple. Do not have kids. You
can buy a very nice sailplane for the cost of one college education or maybe
two or three.

Colin