Message:

<p>[QUOTE=&quot;mikem2000, post: 2264121, member: 30574&quot;]You are incorrect,&nbsp; I will just give you one example, but I could give you hundreds.&nbsp; Remember cash for clunkers. Perfect example of wasteful spending. For those who took advantage of that, they received an increase of government services,&nbsp; for the rest of us, well we just got the bill. The cost went up for us because of a wasteful NEW service,&nbsp; NOT because of inflation.&nbsp; The fact that you didn&#039;t receive the increase of service does not mean it didn&#039;t exist. When you can prove to me the SAME bridge cost more to build and that is why Gov costs are going up, then we can talk inflation.&nbsp; Until then, Wasteful spending does not equal inflation. </p><p><br /></p><p>It is also very important to understand this difference if you want to tackle the problem. If you incorrectly assumed that you were dealing with an inflation problem, the fix you apply would most likely be wrong.&nbsp; Standard &quot;inflation fixing &quot; methods like raising interest rates would do little good, in fact it would be harmful, when the correct fix is simply to stop running up the master card on thing you don&#039;t need and can&#039;t afford.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in