The Justa and Lars Honors Bob Brinker Investment Club Thread Message Board

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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread

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Oct 31 5:00 PM EST

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To: Wally Mastroly who wrote (2643)	7/1/2003 9:14:43 AM
From: Boca_PETE	Read Replies (2) of 10065

Wally M: RE:("scary idea: tax you into spending ") Sound like the measure Japan is considering that I was discussing in this recent post: Message 19015827 Seems to me that any taxation, no matter how computed, would amount to NEGATIVE STIMULOUS and would result in an exaggeration of the opposite effect (ie. DEFLATION) than the desired intention (ie. SLOW INFLATION). It would be total madness! This would be the ultimate form of capital confiscation. This would be the slippery slope expressway to financial ruin, tyranny, oblivion and all the ugliness that implies for the USA. Heaven help us if they try to do this here! So you'd get a quick unsustainable burst in panic spending followed by an inevitable pricking of the debt bomb. Then they'll change the bankrupcy laws when nobody has savings left to pay off their fixed debts. Then comes the government building and filling up of the Gulags. JMHO, P

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