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"By a continuous process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method, they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some....The process engages all of the hidden forces of economic law on the side of destruction, and does it in a manner that not one man in a million can diagnose." - John Maynard Keynes Economic Consequences of the Peace, 1920

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well what happens with deflation then?

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Yeah, I think I read where Obama and several of his Capos...(oops, I meant, his close friends and Czars), are Keynesians.  Totally anti-capitalists, redistributi of wealth, etc.

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Originally Posted by Kieran Colfer:
well what happens with deflation then?

well, long term, "deflation" would only be a theory. it sure hasn't existed any time in recent history. all inflation. speaking of which, has anyone else been noticing inflation lately? i sure as **** have. you can't get a frozen pizza for less than $6 now, or a gallon of milk for under $4.

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Yup.  Bread prices, gas prices, everything is going up (except salaries).

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Originally Posted by Dennis Young:
Yup.  Bread prices, gas prices, everything is going up (except salaries).

but that's because officially, "there is no inflation."