Ron Paul, Schiff, Milton Friedman, et. al., were right: inflation shrinks the middle-class.
That's basically what I told my liberal step-father when he shared the above with me and a long list of his acquaintances, yesterday.
It's shocking to them because they remember when it was better and can't believe how bad it's gotten (tax bracket creep and inflation are just the karma one can expect to experience from "tax the wealthy" simplistic economic thinking and envy).
What do you think? http://consequeries.com/
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