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<p>[QUOTE="mikem2000, post: 1864931, member: 30574"]We have been down this road before. The savers will only be punished if they are stupid enough to save Greenbacks. As far as costs rising faster than wages, that is a completely different problem, one that may or may not happen. A problem that can happen with both inflation or deflation. The problem is actually worse in deflation as wages get trampled faster than the cost of goods are falling. </p><p><br /></p><p>Right now, folks ARE having trouble keeping even, yet the inflation is very low.</p><p>The reason is really simple, the economy is just not real strong and there are still more workers than jobs. If that turns around, companies will be forced to compete for workers and wages will rise, if the job market is really robust, wages will easily rise faster than inflation. </p><p><br /></p><p>The problem of "keeping up" is really much more a supply and demand thing, than an inflation problem.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 1864931, member: 30574"]We have been down this road before. The savers will only be punished if they are stupid enough to save Greenbacks. As far as costs rising faster than wages, that is a completely different problem, one that may or may not happen. A problem that can happen with both inflation or deflation. The problem is actually worse in deflation as wages get trampled faster than the cost of goods are falling. Right now, folks ARE having trouble keeping even, yet the inflation is very low. The reason is really simple, the economy is just not real strong and there are still more workers than jobs. If that turns around, companies will be forced to compete for workers and wages will rise, if the job market is really robust, wages will easily rise faster than inflation. The problem of "keeping up" is really much more a supply and demand thing, than an inflation problem.[/QUOTE]
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