Bio: Hyperinflation tango
Thursday, October 08
If you're going to fill a suitcase with US $100 bills, it is handy to know that one million dollars weighs about 22 pounds. When our family moved to the dictatorship of Argentina in 1978, it took a suitcase of these bills to buy a house. There was no point in buying a house in a crate of pesos, a...
Bio: Home ownership in the early years
Thursday, October 01
As a baby my parents may have held much wealth, but they owned my baby crib, the house holding the crib, and the small nursery business on 40 acres of Ozark land which paid all the expenses. The business was started in the early '60s with $200 cash and a lot of credit. The business provided for f...