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To: Tublecane
Let me put it this way.

When over half of the formerly one wage-earner households had two incomes, the price of housing, vehicles, and dangnear everything else went up. While there was a gap in there when people could afford more stuff, it didn't last. There was more money in the economy, and it became worth less. The wages which would have sustained a household just didn't get the same at the store and it became more difficult to get by on just one paycheck.

That is inflation.

89 posted on 09/26/2012 4:53:35 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: Smokin' Joe

That is a coincidence. More people working does not equal higher prices. Assuming they were actually producing something of value, it would mean lower prices. That is, in a free market. Which we don’t have, especially in money. Hence inflation.


90 posted on 09/26/2012 5:05:11 AM PDT by Tublecane
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To: Smokin' Joe

Let me put it this way. You seem to be saying that because more people were working there was more money in the economy. Which is a fallacy. You might as well say prices went up because sellers felt like it. It would at least make mire sense.


91 posted on 09/26/2012 5:09:29 AM PDT by Tublecane
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