Msg. 07026 of 65535 (This msg. is a reply to
06928 by
Zimbler0)
Jump:
If there is a complete idiot here, Zimbler, it is you. You completely discount the fact that gasoline is down by almost half. That is deflation. The biggest problem that we have in this nation right now is the continuing probability of going into a deflationary period. Only people like you do not realize that.
To say that "God exists" is the greatest understatement ever made across space and time.
Clo,
If you was capable of remembering past last week . ..
You might realize that many of the things you need
to buy cost much more than they used to cost.
That is what inflation tends to do to folks.
Worse, many of our senior citizens are getting
hammered by these 'zero interest rates'.
My Mom has a bank IRA . . . with the banks paying,
essentially, nothing, on the money she has saved and
the fact that she must make mandatory withdrawals . .
Well, she's hurting financially.
Interest rates need to go up, and inflation needs to
be brought down to a slightly negative number.
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