Actually, the U.S. hasn't had "hundreds of years of inflation," but only about 90. Since the Federal Reserve System was enacted, to be precise. The only other time since the adoption of the Constitution we had infaltion was during the 1861-1865 war, when greenbacks were introduced. But after the war, the currency was deflated back to normal value again. Deflation is the norm when productivity rises. If you have inflation, you know your government is stealing from you.
This comment was edited on Mar 10, 23:51.