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Friday, December 27, 2013 11:09:19 AM
Inflation of our currency has been happening steadily since 1913, and over the course of those 100 yrs, our dollar has lost about 96% of its purchasing power.
Oh no! Consistent predictable low inflation averaging 3.3% a year! The horror!
Yes, let's go back to the gold standard and inflation and deflation that can go from -20% to +20% in the same decade. Makes predicting the affordability of buying houses and running businesses so easy.
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