[Milsurplus] OT: Re: Inflation Memories

[J Forster]

It's FAR worse than that. If you buy something and it just holds its
value in constant dollers, they tax you (capital gain) on their
inflation.

Pardon the French, but it really sucks.

-John



David Stinson wrote:

> I was once told that pols let inflation run because it
> meant they could keep spending money;
> they get to borrow and pay back with cheaper dollars.
> Trouble is- they, like all drunks, actually believe:
> "A little won't  hurt.  I can control it. I can stop any time...."
>
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