[Grovenet] Gas Lines are not fun

[David Morelli]

On Jan 29, 2008, at 8:39 PM, Jeff Howden wrote:

> In other news, the value of the dollar continues to plummet for the  
> 8th year in a row.  I personally remember when a million dollars  
> meant something, but in 2016 being a millionaire is really being  
> more like a thousandaire...
>
> Sorry, couldn't resist.  ;)
>
> Jeff

There is an intentional choice to inflate the money supply, which has  
the consequence of reducing the value of the dollar.  People get more  
dollars in their paychecks as their income is "adjusted for  
inflation", but it doesn't purchase as much.  This is a hall of  
mirrors, a magic act, or perhaps a shell game.  We really have no  
input into this process.

David