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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (59712)	1/5/2010 2:07:34 AM
From: RJA_	Respond to of 218043

>>You're right. Deflation worked just fine in the 19th century: continuously falling prices for useful items. And good for savers too, as the real value of their savings was enhanced, rather than taxed away by lies and in secret. Hence there was a pool of real capital available for investment, no need to print up a batch. Unlimited no holds barred war however, is the enemy of the gold standard... And unlimited social engineering is not possible... as budgets must be inherently limited to productivity and borrowing that realistically must be repaid in an appreciating medium of exchange. Takes away the punch bowl real quick like.