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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Peter O'Brien who wrote (430230)	7/21/2003 12:38:12 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

>Inflation is a tax Not if you invest in "real" assets. >>> If you consume, then it is a tax. Inflation can actually work in your favor. >>> Yes, investments can be tailored for any sort of economic environment. (But stocks and bonds under perform while inflation is fast rising.) >And, why do you assume that the size and spending of >government can't be cut... or the corrupt tax code >loopholes and direct subsidies eliminated? Zero evidence over the past 70+ years. Why do you assume that it _can_ be cut? >>> Because hope springs eternal.