re: #169 Mike Lamb

The line about workers losing 1/5th of their buying power was also bullshit, no?

But leaving that aside, the US did significantly better on the inflation front that the rest of the first world economies (and he, of course, glosses over the profiteering/gouging companies were doing under the guise of inflation).

People on fixed incomes lost some of their buying power.

Workers, on the other hand, have seen their wages increase by more than inflation.