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<blockquote data-quote="Brownslave688" data-source="post: 930411" data-attributes="member: 34439"><p>It's not a fear of inflation it's a historical fact. Over the last 100 years it averages about 3.5%. That means the prices for everything doubles every 20 years. That means when I retire I need to be making about $150,000 a year. That sounds pretty absurd right now but it won't in 25 years. This is what cracks me up when they talk about taxing people more that make over $200,000(couples) because they use to be taxed more back in the day. Well guess what $200,000 now does not equal $200,000 from 1980.</p></blockquote><p></p>
[QUOTE="Brownslave688, post: 930411, member: 34439"] It's not a fear of inflation it's a historical fact. Over the last 100 years it averages about 3.5%. That means the prices for everything doubles every 20 years. That means when I retire I need to be making about $150,000 a year. That sounds pretty absurd right now but it won't in 25 years. This is what cracks me up when they talk about taxing people more that make over $200,000(couples) because they use to be taxed more back in the day. Well guess what $200,000 now does not equal $200,000 from 1980. [/QUOTE]
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