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To: blam
I have always been skeptical of the hyperinflation predictions like those made at that thread. Things are about what I expected, deflationary forces mixed with inflationary forces making life miserable.

REFERENCE : How To Keep A Damaged Financial And Economic System Afloat?

20 posted on 05/16/2011 5:29:19 AM PDT by sickoflibs ("It's not the taxes, the redistribution is the federal spending=tax delayed")
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To: sickoflibs

I’ve thought the same.

Sure - you can have inflation, so milk is going up. People will pay the price but they will buy less. Eventually if the price is extreme, they will cut their consumption down to “only as needed” levels - or even switch to powdered milk.

If the price gets to be ridiculous - and people have less and less money because unemployment is still high - you can’t get blood from a stone. How does hyperinflation happen if the monster can’t be continually fed for a long period of time?


21 posted on 05/16/2011 5:34:32 AM PDT by Scotswife
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