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In the event of hyperinflation, are we frozen for years until a new contract?
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<blockquote data-quote="FrigidFTSup" data-source="post: 1785734" data-attributes="member: 58894"><p>Even if a lot of those conservatives are anti union?</p><p></p><p>I think Pearl Harbor, Cuban Missile Crisis, and 9/11 were a little more serious.</p><p></p><p>No it's because the same thing has been said for decades. 30 years ago they were saying we'd be broke as a nation by 2000. Now they're saying 2030. Fact of the matter is it is the same story all the time. </p><p></p><p>Forget that. He can be a bean counter for UPS. He'd make a fortune telling my center manager I cost the company money every time I walk through the door.</p><p></p><p>This isn't Zimbabwe. 1 buck isn't going to equal 3 quadrillion dollars tomorrow. We have debt because it gives our politicians cover. They can say we can't afford it. Then they make connections with other nations who hold our debt. Yeah, it's a massive number. But it isn't crippling. Hyper inflation also isn't going to happen overnight. Look at the dollar right now. It's sky high. China devaluing their currency is a bigger threat than hyperinflation.</p></blockquote><p></p>
[QUOTE="FrigidFTSup, post: 1785734, member: 58894"] Even if a lot of those conservatives are anti union? I think Pearl Harbor, Cuban Missile Crisis, and 9/11 were a little more serious. No it's because the same thing has been said for decades. 30 years ago they were saying we'd be broke as a nation by 2000. Now they're saying 2030. Fact of the matter is it is the same story all the time. Forget that. He can be a bean counter for UPS. He'd make a fortune telling my center manager I cost the company money every time I walk through the door. This isn't Zimbabwe. 1 buck isn't going to equal 3 quadrillion dollars tomorrow. We have debt because it gives our politicians cover. They can say we can't afford it. Then they make connections with other nations who hold our debt. Yeah, it's a massive number. But it isn't crippling. Hyper inflation also isn't going to happen overnight. Look at the dollar right now. It's sky high. China devaluing their currency is a bigger threat than hyperinflation. [/QUOTE]
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In the event of hyperinflation, are we frozen for years until a new contract?
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