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Is Inflation Really That BAD?

Is Inflation Really That BAD?

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Answered (Not Verified) This post has 0 verified answers | 7 Replies | 4 Followers

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pairunoyd posted on Tue, Apr 21 2009 8:10 PM

Vintage 1933 Film on Why Inflation is Good

"The best way to bail out the economy is with liberty, not with federal reserve notes." - pairunoyd

"The vision of the Austrian must be greater than the blindness of the sheeple." - pairunoyd

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Fox McCloud replied on Tue, Apr 21 2009 9:09 PM

if inflation is so great, take it to its logical conclusion; under their thesis, the more inflation, the better...why not then have as much inflation as Zimbabwe? After all, their stock-market has grown by leaps and bounds! Surely they must be the most productive country in the world! *sarcasm switch off*.

Resident Christian Minarchist.

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CorporateGhost replied on Tue, Apr 21 2009 9:15 PM

Inflation is great, if you get the money first.

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Daniel replied on Tue, Apr 21 2009 10:50 PM

Inflation is great because it drives the "value" of my house up. Yay me! ... Commence shutdown of sarcasm engine!

My favorite online shop: www.cafepress.com/libertyphile Big Smile

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banned replied on Wed, Apr 22 2009 1:32 AM

MUST HAVE MOAR MPC TO FIX EVERYTHING!

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Answered (Not Verified) sergebeauchamp replied on Wed, Apr 22 2009 6:54 AM
Suggested by sergebeauchamp

I recommend the following article:

The Cultural and Spiritual Legacy of Fiat Inflation

 

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scineram replied on Wed, Apr 22 2009 12:00 PM

Depends on your definition of inflation.

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banned replied on Wed, Apr 22 2009 12:50 PM

Yes that is true. If, by inflation, you mean increase in the money supply, you could call that "bad". But if, by inflation, you mean delicious Ice Cream Cake, no, that is definately good.

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