[r9etb]

I'm not so sure that Sobran isn't suffering some sort of mental collapse -- this one is just plain crazy.

Sure, it sounds really nasty when you see that Time Magazine's cover price is so much higher than it used to be. But then you realize that, as a percentage of income, the cover price ain't all that different now than it was then.

Poor Joe -- next thing you know, he'll be blamin' it all on the neocon Jooz.

[RipSawyer]

"Sure, it sounds really nasty when you see that Time Magazine's cover price is so much higher than it used to be. But then you realize that, as a percentage of income, the cover price ain't all that different now than it was then."

Assuming that you are correct about the price as a percentage of income, even though I doubt that you are, you are still left with the fact that any money placed in a savings account forty years ago to draw interest has less purchasing power now than it did when it was deposited. This constitutes a theft from the person who earned the money forty years ago. It also leaves people feeling they are doing well because the value of their real estate has risen, even though in terms of current dollars there may have been no real appreciation. The amount deducted from my paycheck each week to cover my part of my medical insurance "benefit" is equal to the gross income needed to
marry and support a family in this same area forty years ago.
Inflation benefits some, but only at the expense of others.

[Tauzero]

" Sure, it sounds really nasty when you see that Time Magazine's cover price is so much higher than it used to be. "

And it is nasty.

But like Joe said, it's hard to get angry about, because it has been gradual.

That's the great thing about inflation, from the ruler's standpoint, in comparison to a direct tax.