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<p>Your evidence for that? </p>
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<p>I’m hoping you were/are not an econ major. Incomes rose because of unprecedented inflation. In hindsight, you could argue that taking out loans in the 70s and paying them back largely in inflated dollars of the 80s was a good idea. That is not likely to be the case now, and anyone who borrows money on the assumption that it will be might as well spend his/her whole paycheck at the lottery window.</p>
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<p>Why am I hearing the strains of “Candide” going through my head?</p>