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To: Toddsterpatriot
"If the asset I exchange for gas is a share of stock that was worth $40 but next year will be worth $40.40, I can still buy the tank of gas with no loss.'

I never claimed you couldn't buy the same tank of gas using MORE money. In fact that was my point exactly. And thusly you have proved my point once again.

However you did incur a loss as in Each and every dollar you own has had it purchaing power reduced by 1%.

And to prove thusly beyond a shadow of a doubt a simple question requiring a simple yes or no as an answer:

Since you has used an "if" allow me the same courtesy:

If in your ABOVE EXAMPLE 1% inflation did not occur and instead the Inflation rate was 0% then would you be able to purchase more or less gas?

And that would be:

QED

124 posted on 12/10/2010 8:04:54 PM PST by Mad Dawgg (If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
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To: Mad Dawgg
I never claimed you couldn't buy the same tank of gas using MORE money.

You claimed "that any asset that is valued in Dollars suffers the same loss"

My share is valued in dollars and still buys the same tank of gas therefore, by your own example, suffered no loss.

If in your ABOVE EXAMPLE 1% inflation did not occur and instead the Inflation rate was 0% then would you be able to purchase more or less gas?

My share purchases exactly a tank of gas, no matter what the rate of inflation.

125 posted on 12/10/2010 8:10:25 PM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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