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On Thu, 8 Jul 2010 17:47:10 -0700, "nom=de=plume"
wrote: I listened to David Frum on NPR. He had an interesting take on inflation, basically saying that mild inflation would take a big bite out of the debt situation. It will also take a bite out of your life savings and fixed income if you have any. Inflation is a hidden tax on the thrifty. |
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