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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (75261)12/11/2006 12:01:32 PM
From: Oblomov  Read Replies (2) of 110194
 
>>>Inflation will reinforce the divide in the US between rich and poor -- but that is another story.

On the contrary, inflation closes the "divide" between rich and poor. This is exactly why it is so pernicious, because it shrinks the relative rewards for saving, investing, and producing.
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