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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Kenneth E. Phillipps who wrote (92120)10/2/2010 9:51:47 AM
From: TideGlider1 Recommendation   of 224749
 
Inflation isn't nonexistent today. The value of the money is being deflated daily. Assuming inflation will remain at todays levels is a novel idea. How did you develop that idea? The dollar has fallen about 12% since the Spring of this year. In a world market eventually this catches up and purchases require more dollars.

You seem to have some faith that inflation cannot return. If the economy returns inflation will return with it.

I suppose the lame duck session can make a law stating there will be no more inflation. Obama will sign it and all will be well...right?

Actually they could try that but federal price controls have proved ineffective in the past.
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