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To: Toddsterpatriot

Hyper-inflation is probably the worst because it destroys all currency denominated savings and kills any incentive to work for the currency undergoing the inflation. I don’t want to go through either one if I can help it, but a mild inflation can be survived if necessary. We’ve been doing it for 70+ years.


629 posted on 10/28/2007 10:46:22 AM PDT by Oklahoma
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To: Oklahoma
I don’t want to go through either one if I can help it, but a mild inflation can be survived if necessary.

Exactly. But mild deflation caused Japan to lose a decade of economic growth.

640 posted on 10/29/2007 6:07:36 AM PDT by Toddsterpatriot (And of course, one man's benefit is another man's loss.)
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