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Why is a Strike Quite Possible?
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<blockquote data-quote="Cowboy Mac" data-source="post: 5400831" data-attributes="member: 59074"><p>You realize that when the inflation rate goes back down to a lower rate, the currency is still inflated. It’s not losing value, it’s inflating at a lower rate at that point. </p><p></p><p>The only way to “come out ahead” would be if there was a negative rate of inflation, like there was during the Great Depression. An event like this would be very painful for the economy in the short term before it got better.</p></blockquote><p></p>
[QUOTE="Cowboy Mac, post: 5400831, member: 59074"] You realize that when the inflation rate goes back down to a lower rate, the currency is still inflated. It’s not losing value, it’s inflating at a lower rate at that point. The only way to “come out ahead” would be if there was a negative rate of inflation, like there was during the Great Depression. An event like this would be very painful for the economy in the short term before it got better. [/QUOTE]
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Why is a Strike Quite Possible?
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