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Politics : PRESIDENT GEORGE W. BUSH
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To: DOUG H who wrote (206844)12/4/2001 12:07:43 AM
From: DuckTapeSunroof  Read Replies (1) of 769667
 
Inflation is the FRIEND of the politician because it causes tax bracket creep (they never have to vote for taxes) and thus increases revenues; also it is the friend of the monied classes (excepting bond holders :) because it disproportionately disadvantages the less rich (who spend more percentage-wise on consumption than on investing).
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