Here's a quick mathematical equation to understand inflation & why creating credit ruins our economy.Lets say there are 100 dollar bills printed, and you have one, so you have a value of 1/100 worth of purchasing power in that single dollar.If someone turns on the press and printed another 1 trillion, now your value is 1/1,000,000,000,100.Not Good.
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In this Blog I will discuss Life the Universe and Everything, and maybe even Prairie Home Companion.
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4-25-2024
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