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One thing that is missed by many people, especially leftists, is that losses which occur in an economy are much harder to earn back, if ever at all.

When inflation tops 15%, you pay a LOT more out of your own resources which could have been saved or invested in more productive endeavors. But even if inflation stops or even subsides, you're still out on those resources that horrific inflation ate up. It destroys wealth.

It's like you're instantly transported back 3 miles on your financial journey to wealth independence.

6 posted on 02/27/2024 6:09:20 AM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)

Bronco Bama (and friends) is (are) still destroying the United States of America through Potato Where-Am-I Joe

9 posted on 02/27/2024 6:46:50 AM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)