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| petitionspot create a free online petition online petitions official, fuckwikipedia encyclopedia reference, david steinberg, picture of tupac, tupac pics, john castellano, islamic extremist, research, by francesca lia block, black, urban, mp3 2 pac, bitterntwisted, fancruft, | What you said was true, at the same time you doublecross didn't tell the whole story. For instance, although many Americans have debt, many also have savings doublecross — particularly those that save for retirement (hopefully everyone). As I mentioned above, just because prices go up doesn't mean your salary will. If it does (and everyone else's does), our (as a country) global competitiveness will fall. That makes our exports drop and imports rise causing a trade doublecross imbalance. High growth rates can't be sustained. Then the cycle turns around. Worse is how it affects the lower class. |
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| [ ...reply just to this | comment on the story... | next new ] 139. david steinberg Re: Ivory towers by 0tim0 at Fri 2 Sep 10:31pmscore of 1 in david steinberg reply to comment 138 Hmmm. Well, it seems that you are saying that david steinberg the effect of inflation is the same in both cases. It's just that the cause in the one case, rising wages, is good. So that cancels out the bad effects. Working backwards, that is the third issue. The second issue here is whether inflation is good or bad. As you said, anticipated inflation is not so bad (but only if it's small). And in fact, negative or no inflation has a dampening affect on the economy (why buy now if it'll be cheaper tomorrow?) Ideally, a small amount of consistant inflation is preferable. Upthread you presented a fairly rosey view of unanticipated inflation. |
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