Originally Posted by acl65pilot

Johnso,
Many need to beleive in the human spirit, but people also need to understand the state of the worlds overall financial health.
If you want to point fingers on spending and getting us to 14 plus trillion in debt you need to look back over the history of your life and the administration that was more than likely in office the day you were born. Everyone has played a part in getting here. It is fun to run the credit card bill up knowing that you will have moved or died by the time it comes arrives. America and many other countries need to realize that the debt needs to be paid, or allow the currency to devalue to the point that our debt is worth pennies on the dollar.

Inflation allows for the latter.
To tie that in to us, that is why I prefer a COLA bump each year versus a standard percentage. That or min % or COLA whichever is greater. If you want to go crazy, you could also write in the PWA a secondary currency.