johnptc;1673420; said:its not recession we are suffering from...........right now its inflation
the dollars is worth less than it used to be and everything thing in the US costs more in US dollars.......... in euros things are pretty cheap here.
the inflation is bought about by the government increasing 'liquidity'....... that is they print more dollars and use them to pay the debt down..........this in turn makes the dollar worth less .....oh well..........
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thats like what the germans did after WWII they made so much money to pay off their debt that their money was worthless and you would have to bring in a wheel barrel full of money for a loaf of bread....
