``Asset price inflation means that the dollar loses its value when it comes to buying assets. Wage earners, when they're trying to buy assets today -- not just homes but any type of asset, including buying into retirement plans -- are finding out that their labor is buying only a fraction of the assets that their labor could buy eight years ago. This is how these monetary policies have crushed the value of labor.''

Comments: Be the first to add a comment

add a comment | go to forum thread