[quote=The-Shoveler]1970-80 U.S.A. Cities looked more like Asia cities as far as smog an most people smoked (it was the cool thing to do) and people were expect to (and generally did) only live 1 or 2 maybe 5 years past retirement.
That would not be kind to the current crop of retirees so there is a lot of resistance right now to ANY!!! inflation.
But yea that is really the only way out baring a major flush down the toilet of the economy.
5-7% inflation is really fairly normal IMO.[/quote]I’m not talk about a way for the US economy. I’m just saying that I’m set up to reap the most return if we see a repeat of 70-80. If we don’t, I’ll do fine but not as well.