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To: GlockThe Vote
Inflation is killing us.
C'mon, stop whining. It may be a little painful, but it's a long way from killing you.
It was so bad in the 70s, Nixon enacted price controls.
Mortgage rates under Carter were up around 16% - 18%.
In contrast, during the last two years, inflation has been so low seniors on SS got no COLA raises.

7 posted on 12/29/2011 7:51:12 AM PST by oh8eleven (RVN '67-'68)
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To: oh8eleven

I would say that “core” inflation is a bogus number. The Fed is using the decline in housing prices to obscure the actual rise in food and energy. Food costs have risen significantly. Check how much coffee is in your “two-pound” can at the store and how much more it costs than it did a year ago.


10 posted on 12/29/2011 8:12:43 AM PST by old3030 (I lost some time once. It's always in the last place you look.)
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