Rising incomes and inflation

[drummer55]

want to know how much you have to earn now to make as much as you did in 1990?

example I earned 30,000 in 1990 how much would I have to earn today to equal that same buying power in 2005? 44620.15


http://www.westegg.com/inflation/


I could go on and on and on and on but I'll just end with this.

did you know the Federal Reserve is actually not part of the government but is instead a private company?

someday you should go down the rabbit hole.
http://www.worldnewsstand.net/today/articles/fedprivatelyowned.htm

[whistle]

1. Go hand-in-hand???? Wrong! Clinton proved that incomes could

...rise while inflation remained low. Now fighting a fucking $360billion war and running record deficits for tax cuts for the wealthiest in society and jacking up interest rates, now that's inflationary!!!

[Tux]

2. No shit

But if those tax cuts are made permanent while the $'s value drops, we're screwed especially if Shrub can't get us out of Iraq and finish the war on terrorism he forgot about.

[Selatius]

3. With our current monetary system, we'll never stop inflation

We can only keep it as low as possible, but it will always be there. This is a side-effect of fractional-reserve banking.