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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (1494364)	10/19/2024 4:13:22 AM
From: i-node	3 Recommendations Recommended By longz maceng2 miraje Read Replies (2) of 1570834

>> So you think the solution is deflation. Brilliant Bill. EOM Inflation is the worst thing that can happen to an economy. Because no one ever gives you a refund on what it costs you. That money is gone forever. If you're on SS, perhaps you get a COLA out of the deal, but that doesn't make up the difference, no matter what you're told. If people get raises, great. But reality is that raises without increased productivity simply drag out the problem. The inflation rate today is still high. Many people on fixed income continue to suffer because their costs of living have gone up but their income less or maybe even regressed. Deflation is a problem now because we are in so fucking much debt -- they've added 1/3 of a trillion in debt since the beginning of this month. Which bears interest from now on. Forever. You can't just blow inflation. It is an economic calamity that is unmatched for the damage it does to the economy and those at the bottom of the economic spectrum.

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