Quote:
Originally Posted by EarnedStripes44
Only asking because some are arguing that a dose of inflation may be what this country needs considering the accrued private and public debt of late.
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The some who are arguing for a dose of inflation never worked or lived during the 70's inflation years, or they would have a different perspective.
Salaries didn't keep up with inflation, loans were as high as 20%.
Never got to the point of Argentina where people moved there money daily to
pick up an extra 1/4%, but with all the spending we have going on now, it could very well happen to us.