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To: MMusson
The CPI is NOT Dropping. The amount of increase is slowing.

Point taken. My point is that inflation always has a 2% target - because dropping below 0% into "disinflation" (recession) is a much worse outcome for the American consumer.

Existing loans become very difficult to service, along with massive job loss.

Multitudes of bankruptcies occur - with the underlying assets (wealth) confiscated by the banks.

Gee - it's "almost" like they plan the cycle to play out the way it is...

If people truly understood debt-based money and the labor servitude they have put themselves into then it would be quite the awakening...

28 posted on 07/12/2023 9:58:49 AM PDT by politicket
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To: politicket
Point taken. My point is that inflation always has a 2% target - because dropping below 0% into "disinflation" (recession) is a much worse outcome for the American consumer.

Since most of what we consume is imported I don't see that happening.

33 posted on 07/12/2023 10:01:02 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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