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Paul Drake's avatar

It is easy to tell scary stories about how this all might play out. But it only takes inflation far below disaster levels to keep kicking the fiscal can down the road for many decades. All developed countries have some form of welfare for old people. The US does it in a typically convoluted American way. But anybody who thinks the pending collapse of social security payments under current law will not be changed needs to think more clearly about what matters to congressmen.

I'm with Low Risk, below. Invest in productive assets and you will end up OK.

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Paul Ollinger's avatar

So you're saying that inflation is caused by corporate greed?

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