re: Any length to prevent deflation

babble — Wed, 11 Feb 2009 05:50:25 GMT

It seems to me many economists like to argue about the "color of the water" rather then the "intensity of the rainfall" with the later resulting in the strength of the river's destructive potential.

Our system of governmnet is not a true democracy its a plutocracy, otherwise we would not have elite politicians subsidizing elite ceo's to the point of widespread economic collapse. If we were in a true democracy, then capitalism could flurish, winners would be rewarded, people's livelyhoods protected and the losers would either be those ceo's respondsible for mismanaging thier companies finances, or the politicians who failed to prop up the workers who's boss (failed ceo) led them to joblessness.

when politicians "bailout" families first, reward successful, competant cutting edge companies second, capitalism and democracy will flourish. without one, the other doesn't stand a chance.

re: Any length to prevent deflation

DD — Thu, 04 Dec 2008 23:10:35 GMT

Good article. though digging holes is not as bad as some of the ideas I hear obama is preparing for us. He's talking about investing in alternative energy programs and all kind of "pulbic works" schemes. Can you imagine the line at his lobby by special interest to try to get a share of his unlimited source of counterfeit money? I'd rather they actually just dig holes.