To: carranza2 who wrote (109499 ) 1/5/2015 3:35:37 AM From: Maurice Winn Respond to The fundamental mistake they make is to think econodog is an object on a leash which is supposed to benefit the holder of the leash. They treat the dog like a Skinnerist mindless being subject to operant conditioning. Psychologists studying rat behaviour become aware that it's questionable whether the rats are training them or them the rats. Consciousness is a two way street, or more accurately, a hall of fun mirrors where each creates the presence of the other in mutual self-construction by reflecting back on each other. And unfortunately, we can’t use the leash like we could when Econodog was being INflationary. When Econodog is deflationary, he is being unruly in the opposite direction . He isn’t moving too fast and pulling too hard, he's just sitting there. Sluggish. Like a furry lump. Very frustrating: if we want Econodog to pull us along, he needs to move. But pulling on the leash won’t help. Neither shaking the leash nor throwing it will work. The dog won’t move. >It happens when money is moving too fast and the economy is becoming hyperactive and flush with cash. People borrow, buy, and push up prices.pull back on the leash . For the economy in real life, the Federal Reserve does the same thing. It has a leash for money. That leash is called interest rates . The Federal Reserve will raise those rates if the economy pulls too hard. If borrowing becomes more expensive, people will think twice about throwing their money around, and they stop driving up prices. >en.wikipedia.org
