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truthisbest
1 Comment
A Fed Rate Hike Won't Solve the Current Crisis [view article]
Inflation is good??? This is insanity.Inflation would effectively reduce fixed rate debt in real terms and similarly reduce savings in real terms.
This is tantamount to transfering money from savers to those that have demonstrated fiscal irresponsibility. It's wealth redistribution at its worst...thievery plain and simple. Shame on you for even suggesting the idea. Jul 24 11:10 PM