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View Diary: Why what Ben Bernanke said yesterday should make you angry (102 comments)

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  •  the problem is income isn't rising with inflation (0+ / 0-)

    so in your scenario, you still have 1000 to work with but all your expenses have gone up because of inflation.

    in some cases, many actually, their 1000 has gone down while inflation went up.  not good.

    -You want to change the system, run for office.

    by Deep Texan on Fri Jun 08, 2012 at 12:19:08 PM PDT

    [ Parent ]

    •  the example only refers to debt service. (3+ / 0-)
      Recommended by:
      greengemini, randomfacts, OkieLawyer

      In a properly functioning economy, inflation would cause result in pay increases. However, many people don't think that the current paradigm is properly functioning.

      -We need Healthcare Reform... but i'm selfish, I Need Healthcare reform-

      by JPax on Fri Jun 08, 2012 at 01:18:53 PM PDT

      [ Parent ]

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