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To: mogambo
"A HUGE RUNUP IN THE PRICE OF ALL COMMODITIES IS COMING, BECAUSE WE ARE KILLING THE DOLLAR, AND IT IS GOING TO GE MUCH WORSE!"

Yes, it is, and it is a no-brainer. The Federal debt for Social Seurity is enormous, there is no trust fund, and the only way to meet the (numerical) financial obligation is to inflate the crap out of the currency.

Anything else and the Federal Government would have to either default on SSI (which has been a cash cow), change/"fix" it (same result, loss of a 15+% tax), or tax the gen 'x' and 'y' folks into serfdom.

So, they may pay people what they said they will, but it will be worth far less. In the meantime, those six figure salaries will keep the masses distracted as long as they are paying for (relatively) cheap imported geegaws, and technological whizbangs,energy efficiency, "safety", or "environmental friendliness" will justify the prices going up...imho, of course. The first 'boomers' retire this year.

184 posted on 11/16/2007 8:59:01 PM PST by Smokin' Joe (How often God must weep at humans' folly.)
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To: Smokin' Joe
The Federal debt for Social Seurity is enormous, there is no trust fund, and the only way to meet the (numerical) financial obligation is to inflate the crap out of the currency.

I hate to break it to you, but Social Security payments are adjusted every year for inflation.

193 posted on 11/16/2007 9:10:52 PM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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