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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?


To: Lazarus_Long who wrote (6160)8/22/2001 3:32:38 PM
From: Neocon  Respond to of 93284
 
The problem, as usual, is speed. Hyper- deflation helps those with substantial cash assets or steady wages, but otherwise causes massive unemployment, spiraling business and bank failures, and, in general, the inability to make compensatory changes rapidly enough to stem the ill effects. Of course, monetary contraction will lead to some business contraction in any case.....