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Post by Tamrin on Jan 24, 2012 22:43:44 GMT 10
"Revert to Socialism"!? I thought your argument was that it hasn't gone away. BTW, historically, raw dollar figures are deceptive: We need to consider real income.
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Post by brandt on Jan 25, 2012 1:00:25 GMT 10
One of the strongest drivers of inflation is the amount of money out there. Print more and each dollar is worth less. Since the M3 is not reported accurately anymore a good place to see (and feel) the impact is at the grocery store.
When I was in the service we would occasionally get a COLA. Unfortunately this was always a few percentage points below inflation resulting in the troops actually making less than they were the previous year. These days, I am just trying to keep my portfolio growing faster than inflation. That is certainly a Red Queen situation.
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Post by maximus on Jan 25, 2012 7:33:31 GMT 10
"Revert to Socialism"!? I thought your argument was that it hasn't gone away. Good ol' Philip, always an opposing chart. ;D I have not made such an argument here on this thread that I recall.
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Post by Tamrin on Jan 25, 2012 10:01:53 GMT 10
"Revert to Socialism"!? I thought your argument was that it hasn't gone away. Good ol' Philip, always an opposing chart. ;DThey do tend to cancel out each other. I have not made such an argument here on this thread that I recall. True: Not on this thread. I assumed your opinions elsewhere expressed applied here. My apologies if not.
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Post by Tamrin on Jan 25, 2012 10:27:34 GMT 10
They do tend to cancel out each other. While one can track some increase in mean income in the US, we need to consider the hours worked.
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Post by brandt on Jan 26, 2012 23:41:25 GMT 10
There was a piece that I read somewhere that talked about how much work, on the average, that it takes to afford a movie now compared to a decade or two ago.
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Post by Tamrin on Jan 8, 2013 12:34:22 GMT 10
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Post by Tamrin on Oct 7, 2013 8:43:11 GMT 10
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