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Non-Tech : Deflation
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To: JF Quinnelly who wrote (515)12/11/2009 10:45:31 PM
From: Maurice Winn1 Recommendation   of 621
 
Yes, but there seems to be a lemming-like aspect to human nature which ignores minor details like that: <Because their other choice is to monetize so much debt that they will irrevocably wreck the dollar, in a Weimar fashion.>

Better to destroy the commons and oneself than to forgo a piece of the action.

If everyone goes to the lowest common denominator [meaning total abject poverty] then it's all in together.

It seems to happen around the world, normally.

Mqurice
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