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View Diary: Here's What Happens if The Debt Ceiling Isn't Raised And We Default (47 comments)

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  •  I said they were hoarding now (4+ / 0-)

    We're already seeing the effects of it. We don't need more deflation we need wage driven inflation.

    At some level we are seeing inflation, food/energy prices, for example but that is inflation driven by scarcity -- mostly energy scarcity. But as a whole inflation is virtually non-existent which allows the wealthy to hoard like they haven't been able to in a century or more.

    Spite is the ranch dressing Republicans slather on their salad of racism

    by ontheleftcoast on Fri Oct 04, 2013 at 11:24:58 AM PDT

    [ Parent ]

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