I see form the cartoon, which is not funny but is accurate, that some people are catching on. I repeat again: inflation only benefits the federal government. Inflation is unnecessary. FDR made inflation possible by creating fiat currency, but it was only supposed to be a temporary measure to get us out of the Great Depression. History demonstrates that we can have inflation proof money any time the Fed decides to implement it.
Comment by grimgold — November 28, 2007 @ 11:05 am
I see form the cartoon, which is not funny but is accurate, that some people are catching on. I repeat again: inflation only benefits the federal government. Inflation is unnecessary. FDR made inflation possible by creating fiat currency, but it was only supposed to be a temporary measure to get us out of the Great Depression. History demonstrates that we can have inflation proof money any time the Fed decides to implement it.
Comment by grimgold — November 28, 2007 @ 11:05 am