GMC

The Unsustainable Lie of Inflation

Mostly good, especially towards the end of the article when you FINALLY get to the point and deal with what "Seeking Alpha" is supposed to deal with: finance. Just leave out all of your ignorant comments about other subjects of which you really don't know very much and reflect the embodiment of so many lies told to you in your lifetime. However, it really does help to point out that people do believe what they are told over and over again even if they haven't really checked it out.

Inflation vs. Deflation: Pick Your Poison

In the 1960's my father bought a larg-ish three bedroom house in California for $30,000, his salary was roughly $32,000. I can't buy THAT SAME three bedroom house today for anywhere near my salary and I am in a job that is very similar to the job he held then, except that he was a civil servant, (i.e., paid at a lower rate than the private sector), and I'm in the private sector. It would take at least twice my annual salary today to buy the same house. And, with taxes much higher thn they were then it would actually take much more than double my wages to pay for the house - and it's 40 years older to boot! I don't think the representation of house prices in the chart is accurate of their "real" values.

A Million Bucks Ain't What It Used to Be

Don't blame congress folks, its us. We're to blame.

Who's to Blame for the Current Economic Situation?

Agreed. So why don't be just get rid of the Fed entirely?