RE: RE: Attention pro inflation portess:Please provide a series of events that could possibly lead to inflation.As Sniglet, Scotsman, myself and others here have stated before, we are witnessing the destruction of trillions of dollars of debt. This destruction has only started and will continue for years. Wages are currently declining through pay cuts and layoffs. Both of these are highly deflationary.What is the argument for inflation? I would love to see a solid, logical argument for inflation, but have yet to see it.Some hints for forming your argument:1) If it doesn't get money into the hands of people who can spend it, it won't work.2) If it involves printing large amounts of new money, it won't work since that will destroy our ability to borrow for deficit spending and plunge us into a hell much worse than GD 2.0. Ben is toying with this right now, but is losing control. Rate this comment: 0 0
by Agustin 01:54:03 AM 2013.03.14 |