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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (75278)12/11/2006 1:31:01 PM
From: John Vosilla  Read Replies (1) of 110194
 
'That is why wealth inequality is largest in countries that experience frequent inflation episodes'

But wealth inequality really took off in this country during the Reagan years in the post inflationary period. With little let up other than a brief period in the 90's.

Since this country has been 'fiscally irresponsible' for 35+ years running perhaps that is the hidden reason for such wealth inequality today..
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