To: MeneMeneTekelUpharsin
With the excessive printing of money, almost everyone in this country who has a job will make 200,000 thousand dollars or more.
I sort of agree. From personal experience, many wages have gone down as inflation has obviously gone up over the past few years (admittedly mild inflation compared to the hyperinflation predicted). I'm guessing it's more than likely that hyperinflation will simply wipe out companies, and with them, jobs.
So, rather than significantly more people making 200k+, we'll have significantly more people making 0.
To: mmichaels1970
I agree with you. They just replaced a contract providing facility maintenance where I work. The new contractor offered existing workers half the pay they’d been making. Several retired or left.
27 posted on
12/03/2012 9:24:17 PM PST by
FrogMom
(Chicken Little is coming, and he's right!)
To: mmichaels1970
Printing of money. I know a bank teller personally who said they no longer get used bills from the Fed. It’s all newly printed money now.
51 posted on
12/04/2012 4:33:33 AM PST by
MeneMeneTekelUpharsin
(Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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