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To: UnbelievingScumOnTheOtherSide
I bought this years ago as an illustration of the dangers of hyperinflation...

15 posted on 01/08/2021 11:05:37 AM PST by zeugma (Stop deluding yourself that America is still a free country.)
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To: zeugma

Hyperinflation is a possibility, but a remote one. Governments that allow it to happen are on their way out. The creators of our current system know that.

Now, that doesn’t mean that abuse still won’t happen, but our economics understand that production lies at the heart of curing inflation (not just reducing or curtailing the money supply). That’s why we’ve been adding money to our Money Supply for generations and have had only slow growths in inflation for most of our history. Yes, prices have risen over the history of our country, but incomes have generally risen at a higher rate.

When incomes don’t broadly rise faster than inflation....well...people start to get pissed. ;)


16 posted on 01/08/2021 11:34:38 AM PST by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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