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Jeff Chivers
I agree that our posts should remain "non-political". My post (as a follow-up to Char's article on the cost of of goods and services in 1957 ) was not meant to be in any way political, but a sad statement of the root cause of inflation - the government borrowing and printing more and more $ to fund their deficit spending (spending more money than revenue received through taxes, etc). The more dollars there are in circulation, the less each of those dollars is worth (a loss of purchasing power). Unfortnately, both political parties (Republican and Democrat) have been guilty of the practice of deficit spending since World War II. Govenrments and individuals reap sad consequences by borrowing then "spending more than they earn." Individuals go bankrupt, governments just print more money to pay their bills, causing inflation!!
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