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To: RobFromGa

You might as well get it through your head right now that I am going to hound you forever on this "instant inflation" thing. You have posted it incessantly at the beginning of FT threads and I have proven it miscreant simply because of the way you present it. If you would like to provide some sort of evidence that it is true we would all entertain such. But, unfortunately, after months and many posts, you have been unable to do so. If you don't wish to be challenged by me I suggest that you hide under your bed and quit posting.


964 posted on 10/25/2006 7:10:34 PM PDT by groanup (Limited government is the answer. What's the question?)
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To: groanup

I could care less what you think, and I don't find anything you say to be a challenge. You admit that the value of a unit of currency we call the "dollar" is going to buy considerably less than at present. You agree that some wage earners are going to have considerably more dollars in their bank accounts, and that these extra dollars will be used to buy about the same amount of stuff but at higher prices. Yet you can't make the obvious leap that everyone who holds dollars as an after-tax asset will see the value of those dollars drop.

If I owe a $25,000 debt today, and then the FairTax passes-- I am suddenly in a better position and the person who loaned me the money is in a worse position, because a dollar is not worth as much in exchange as it once was. This seems obvious to me, so you are either playing word games or some other stupid game. But whatever game that you think you are going to hound me with is just silly.


968 posted on 10/25/2006 7:20:39 PM PDT by RobFromGa (The GOP will retain the Senate and House in 2006- Let's Do Something With It!)
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