DontBeStupid
Look it up!
You still don't understand how inflation works with regard to debt. One more time: inflation in no way adds to existing debt.
I. Never. Said. It. Did.
I have made several posts now talking about deficits and deficit spending. You do know that deficits add to debt, right?
Oh my god. You really are thick. You really believe deficits are due to inflation and not the monumental increases we've seen in government entitlement programs, military spending, and regulator bureaucracies? It's not the growth of government that is causing this deficit spending but the fact that the price of paper and other materials is up? That what you're saying?
Wow.
/sigh
Again, I said it was part of the reason, and it is. As I've shown! Reagan had a deficit that was 6% of GDP. What would that be today? Almost $900B. Yet Conservatives consider Reagan the greatest President ever. Well guess what, the projection for next year is that we will have a deficit that is 7% of GDP. That's practically Reagan numbers! Does that make Obama the greatest president ever?
You guys are whining over how deficits and debt have grown over the past decades and you're blaming it on "progressive policies", yet part of the reason those deficit numbers are bigger is due to inflation. And some 60% of the debt we have is due to Bush and Reagan! Are they progressive now?
Seriously, stop bitching and whining about numbers you don't understand. If you want to blame "progressive policies" then suck it up and actually list some!
Stop being a coward.