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Australia doesn't even HAVE a one cent coin any more; smallest coin is 5 cents. This is inflation at work, my friends. This is not a good thing.
by atsaloli 16y ago
Australia doesn't even HAVE a one cent coin any more; smallest coin is 5 cents. This is inflation at work, my friends. This is not a good thing.
- brianobush 16y ago(from the wikipedia entry on inflation) most mainstream economists favor a low steady rate of inflation. Hummel, Jeffrey Rogers. "Death and Taxes, Including Inflation: the Public versus Economists" (January 2007).[1] p.56
- atsaloli 16y agoThank you for that reference, brianobush. Unfortunately the consumer price index in the US demonstrates another kind of inflation altogether: http://goldnews.bullionvault.com/inflation_truth_federal_reserve_government_fed_gold_080120083 http://goldnews.bullionvault.com/inflation_truth_federal_res...