[itsahoot]

Government and bankers believe “proper” inflation to be about 3%, enough to give the bankers, etc. a continually increasing share of total wealth without having to produce more while maintaining stability of markets and societies.

I remember six years of school where I had to buy lunch(1950-56). Twenty Five cents a day purchased one hamburger a bowl of stew and a soda at one of the local restaurants, that was true for all those six years.

[arthurus]

I am from the same era and I don’t think I ever bought lunch. I always had a lunchbox or a brown bag.