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To: Tolerance Sucks Rocks

That’s not important, unless you want to hide cash in your mattress for 100 years.

What’s important is year to year stability because that dramatically affects business decisions.

The fed has intentionally targeted a small amount of inflation each year. That’s to avoid deflation which causes depressions. But compounded inflation does have the side effect of creating a scary but meaningless chart over the course of 100 years.


22 posted on 03/09/2017 8:43:46 PM PST by DannyTN
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To: DannyTN; Tolerance Sucks Rocks
That’s not important, unless you want to hide cash in your mattress for 100 years.

Idiot. Inflated wages push you into a higher tax bracket with zero increase in purchasing power. Savings even though they grow through interest compounded, the purchasing power is less than it was when you deposited them. How is that good?

All that is good of course for people like George Soros. Working people which make up 98% of the population get shafted and you know it.

47 posted on 03/10/2017 6:26:15 AM PST by itsahoot (They have to keep the illegals covered because they vote.)
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