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Politics : Libertarian Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (6311)	9/17/2007 7:06:40 PM
From: TimF	Respond to of 13056

Adding to my last answer. Inflation is what you get when the money supply increases faster than the supply of goods and services. Expanding production is unlikely to increase prices even though you have additional wages. True in this case the product is largely exported, but as long as imports are allowed (either for goods for the workers, or perhaps for machinery that will be used to make the goods) you will probably be fine.

To: TimF who wrote (6311)	9/17/2007 8:24:26 PM
From: Sidney Reilly	Read Replies (1) \| Respond to of 13056

Or maybe before the corporate "creative" destruction of the old economy there were no garbage pickers. Maybe everyone was getting by just fine. Then came corporation jobs looking for really cheap labor and not caring who they hurt. You're version of what "could have" happened from corporate invasion of 3rd world economies is not valid just because you say it is. You're painting a pretty picture. A "new world" run by corporations is not my idea of utopia.