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What's the big deal with the debt celling?
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IN555
Posted 5/8/2023 16:07 (#10221133 - in reply to #10221078)
Subject: RE: What's the big deal with the debt celling?


NW Indiana
Without complaints? Did you forget about the inflation?
The federal deficit is nothing more than a measure of allowed inflation by the government. The consequence is the middle class and poor lose ground as the own the least assets. As the government devalues the dollar the rich take more from the poor and middle class. It’s unfortunate most poor/middle class don’t understand this and want the government to help them more so the cycle continues. We are working are way towards free and any intelligent person knows what you get for free.
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