[ARC5] Re: ARC5 Digest, Vol 37, Issue 10 OT Drift

[David Stinson]

----- Original Message ----- 
From: "D C *Mac* Macdonald" <k2gkk at hotmail.com>
>    And you are dead on with your analysis of why
>    the politicians love inflation.  With the graduated
>    income tax, people who gain no real buying power
>    are taxed increasingly heavily to feed the gross
>    appetites for someone else's money by pols and
>    their hangers-on.

Another reason pols love inflation:  they get to pay on 
the debts they've made with ever cheaper dollars,
allowing them to continue to pyramid debt into the future.