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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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To: RobFromGa

I'm twiddling my thumbs. You are trying to change the subject. Please acknowlege my request at least, or as I suggested, begone.


969 posted on 10/25/2006 7:31:54 PM PDT by groanup (Limited government is the answer. What's the question?)
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To: RobFromGa
Oh now you are using the "after tax" retirement income drive. Well, thanks to one of your links I have been able to dispel about 90% of that hokum. Once again you are changing the subject. Have you contacted those 75 economists I linked you to so that you may enlighten them? You have discovered a new economic theory and I think it should be named after you. The Rob Theory of Inflation: How inflation consists of merely raising prices.

I have thought about getting into a sideline because of certain hobbies I engage in. Maybe making doghouses because I like to work with wood. (work with wood, heh,heh, somethimes I think that when I debate with you anti's I'm working with wood, ahem, ((I hope that doesn't get me pulled)).) So if I raise my prices by 30% that is inflationary. The 30% increase has to go somewhere so, according to Rob's Theory of Inflation, it could just go right into my pocket. I like that.

974 posted on 10/25/2006 8:12:44 PM PDT by groanup (Limited government is the answer. What's the question?)
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