Replies to post #291058 on Bioelectronics Corp (BIEL)

[JustGoDeep]

Nonsense. Loss Was Only $17K With Large

New Companies Ordering This Quarter.

I Expect Decent Profit Q2.

90 Days.

[srinsocal]

How is Cash King when inflation runs wild???

Inflation reduces the purchasing power of Cash.

3 months ago I could fill my gas tank for $45. Today it takes $65 for that same fill up.

That cash in my wallet lost 44% of its purchasing power for gas.

Debt is also affected when 'inflation runs wild'. In terms of repaying debt, inflation is typically considered to favor the debtor since you’re paying the creditor back with devalued dollars.