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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (36393)	8/18/2009 7:19:58 PM
From: TimF	Respond to of 71588

1 - I didn't say there was anything inevitable about inflation (at least not yet, continuing with more and more stimulus and easy money will eventually make it nearly inevitable, but we aren't there yet). I said we where set up for it. Sometimes when your set up for something it doesn't happen anyway. There are countless other factors in operation. 2 - Even if I had implied it was inevitable, that isn't an argument for predestination, unless perhaps you use inevitable in the narrowest possible sense (metaphysical certitude, the sun rising tomorrow, would not be inevitable), while using predestination in the widest sense (to include anything about the future at any point being absolutely certain). A more normal use of inevitable (something like "in July 1945 it was inevitable that Japan would lose WWII") doesn't imply predestination, and esp not some form of metaphysical predestination (which is usually what that term is used to describe). The Velocity of money is way down* in this crisis, not up.* That's a normal, and non-permanent reaction. Eventually the velocity will increase. And which also means that there is clearly time yet to make adjustments Usually when one talks about "making adjustments" it means some small or at most moderate tweak, not massive wholesale change, but technically your right, for a sufficiently large size of adjustment, there is still time to make adjustments.