2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 380.20

+1.6%

Nov 24 4:00 PM EST

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To: THE ANT who wrote (136735)	11/20/2017 6:31:23 PM
From: Maurice Winn	1 Recommendation of 218008

I like disinflation and deflation. Deflation means things get cheaper. That's great. Suggesting that central bankers or governments dilute money to "save" the country from deflation is a bad idea. It's just a tax by another name. Economists who think deflation is ipso facto bad do not understand how things work. Inventions make things work better with less effort aka money. If things work better with less effort that is a great thing and what people have worked at forever. It's not a bad thing requiring governments to dilute money to stop the price falling. People who used to work at doing something that's no longer necessary can get a job doing something actually useful. The deflation that's bad is when there's a government-forced economic collapse in which market clearing can't transfer assets and other property to new owners fast enough and prices are not allowed to change fast enough such as minimum wages to allow markets to clear quickly. Even if vehicles aren't totally self-driving but can do it 95% of the time, that will be a tremendous enhancement. Mqurice

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