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To: Ghost of SVR4
“””””””””And do you also remember how most of those same people also said that the only way you’d be able to protect yourself from this hyperinflation was by owning hard assets like gold or silver? Well, the inflation never came.””””””

Just because gold and silver were in a bubble does not mean that there was no inflation.

Not just foods and gas have gone up. I purchased lumber last year and this year both and the price is up as well for these items.

I believe the statement above about the velocity of money being to low for very high inflation.

20 posted on 06/21/2013 6:52:01 AM PDT by jimpick
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To: jimpick

have noticed that too ... lumber is way up as is the cost of auto and homeowner insurance.


24 posted on 06/21/2013 6:59:48 AM PDT by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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