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<p>[QUOTE=&quot;InfleXion, post: 1249604, member: 29012&quot;]I believe the reason you wouldn&#039;t want to measure in nominal dollars is because of inflation. For example $50 silver in 1980 is $128 in 2011 dollars, so to say that we were near the all time high this year is not a very accurate statement.</p><p><br /></p><p>Without inflation we wouldn&#039;t be able to manage the debt since that&#039;s the only recourse when unwilling or unable to actually pay it back. By inflating the currency and devaluing it the outstanding debt owed remains the same (not counting for interest), but the actual value owed has decreased. Of course deflation (at healthy manageable levels) is better for the population because then the savers are rewarded with increased buying power, and the only reason we &#039;have to have&#039; inflation is because TPTB want it that way.[/QUOTE]</p><p><br /></p>

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