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To: Cogito Ergo Sum who wrote (377919)11/16/2008 5:29:44 PM
From: stan_hughes  Read Replies (1) | Respond to of 436258
 
"you will see governments fostering deflation more and more because it tends to increase governmental power at a time when governmental power needs to be increased in order to keep the planet together as the planets economies continue to unwind"

Horse shit.

For the author to assert that governments are purposely fostering deflation is to show that they fundamentally misunderstand the role of a central bank in a fractional reserve system.

That being the case, I wouldn't put too much faith in anything else the author has to say -- JMHO -- but thanks for the link