[quote=jpinpb]PR – if we go w/your theory of dragging it out for years and letting inflation take over to bring the prices back up, then do you anticipate incomes to increase? Wouldn’t we still need people to have the money to be able to afford the high prices and be able to buy them?[/quote]
Yes. Nominal incomes will increase. Whether real incomes increase or not is another matter. As you know, there are large segments of our population whose real wages have not increased for 35 years.
