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One Big Happy by Rick Detorie for October 14, 2009
October 13, 2009
October 15, 2009
A million dollars WAS a lot of money when $6,000 a year was a middle-class salary, a new brick house cost $11,000, and a new car cost $2,000.
I’d explain how inflation is a form of tax that takes your purchasing power rather than your cash, but we’ll have to wait for the dollar to turn into a penny before the public gets interested.