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To: reaganaut1
Inflation is first good for people who work for an employer that can print money (guess who?). Eventually everyone else's wages will catch up. House prices will also increase to the point where no one will be underwater and almost everyone will have equity--instant "prosperity".

If you are living off cash savings, have no other source(s) of income and don't have assets whose values will increase with inflation, you're screwed.

99 posted on 10/28/2013 4:39:36 AM PDT by mikey_hates_everything
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To: mikey_hates_everything
If you are living off cash savings, have no other source(s) of income and don't have assets whose values will increase with inflation...

--then you need to climb out of bed and get a job that pays better than 'professional victim'.  OK, so we all know that 'professional victim' may seem like a booming career field these days, but that line's never been something with any kind of future even when it becomes national policy.  Especially when it becomes national policy.

102 posted on 10/28/2013 7:01:47 AM PDT by expat_panama
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