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June 3, 2012

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Letter: Thinking about inflation, debt

Monday, March 27, 2006 | 7:23 a.m.

Regarding Pierre Llamas' March 17 letter, "Growing debt unfair to America's children":

Mr. Llamas apparently is a relatively young individual.

Those of us who are old enough to remember 5-cent hamburgers, $700 automobiles, $2,000 houses and $21-per-month military pay know full well how the national debt will be paid.

It is known as "government-induced inflation."

John Isaacs, Las Vegas

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