X-Message-Number: 10929
Date: Mon, 14 Dec 1998 21:16:34 -0600 (CST)
Subject: Re: Trying to take it with you

Let me very clear about the issue of TRYING to set aside money for your 
post-frozen future.

I am FOR it.

I have suggested that foreign Grantor trusts as defined by the IRS for US 
Citizens are 

worthwhile if you have a minimum of $50,000 initially.  (U.S. trusts are 
singularly unimpressive 
for enduring beyond the life of the initial trustee).

I have also suggested that preservation of capital by means of an asset-type 
balanced portfolio 

(such as that suggested by Harry Browne and Terry Coxon of the Permanent 
Portfolio Mutual Fund) 

is a wise alternative so as to weather the various economic climates which we 
cycle through.


I would rather be DEAD BROKE than JUST DEAD, whether the future retains a 
meaningful monetary 
system or not.

DON'T delay setting up your cryonics contract because of ANY concerns about the 
nature of the 

(If you wake up in a future you don't like, you can always "get dead" again.  If
not, you can 
learn to cope).

All I have been suggesting here is that as money is a medium of exchange of 
value, and value is 

determined universally by the law of supply and demand, it therefore sems 
inevitable that there 

is a day coming to us due to automation when money will become unecessary as 
supply overwhelms 

And I AM "listening" (actually reading) your arguments to the contrary.

I just have not read anything to dispute my simple projections.

I am still waiting.

For immortals, patience is a virtue.

I'm practising.

-George Smith

"Attacks on my character are not negotiable and are therefore boring to me."
-E. Scrooge

"Blah, blah, blah!"  
-Jack Palance as Scrooge.

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