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Politics : PRESIDENT GEORGE W. BUSH
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To: CYBERKEN who wrote (409406)5/26/2003 9:46:32 PM
From: DuckTapeSunroof   of 769670
 
What's this McCain monomania of yours, Cyber-Stalin?

I speak my own thoughts:

Actually, there is no monetary deflation in the country now (what we have is properly called 'disinflation', i.e., a small and falling rate of inflation)... but you'd better HOPE we never reach a true state of deflation because - although it can be a good thing for consumers - it's a VERY BAD THING for deficit-spending politicians... because it takes away their ability to inflate away the rising national debt - and forces them to actually face the consequences of their actions in a hard-money environment.

Without the promise of inflation, lying politicians have no way to run-up evermore debt.
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