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To: ahhaha who wrote (12705)6/8/1998 3:34:00 AM
From: Alex  Respond to of 116791
 
Enjoy your posts - Swiss Gold..................

cbs.marketwatch.com



To: ahhaha who wrote (12705)6/8/1998 6:06:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116791
 
>>>Government infrastructure expenditures are not inflationary.

>>>Inflation occurs when people demand more than the worth of their output. >>>

Any gvn expenditures (especially massive such as undoubtedly China at some point would embark on would increase price of base metals for the private sector (artificially reduced at present by Asia crisis and duming practices of Poor commodities producing Countries strapped for cash (Russia, Africa)

Worse, GVN expenditures are largely waistfull, thus
leading to >>>Inflation occurs when people demand more than the worth of their output>>>




To: ahhaha who wrote (12705)6/8/1998 10:19:00 PM
From: robnhood  Read Replies (1) | Respond to of 116791
 
ahahaha

<<? The answer
is the need to do good and the problem is the pretense to knowledge: the belief that
anyone has the power to make anything good. You never know the outcome of all your
do-gooding and no one ever even looks. They are mentally satisfied by their
beneficence.>>

I'm not quite sure I follow your thinking here, but surely one would know ,at least the short term effects, of doing evil would they not..

I am thinking here about the people in say Chiapas or Colombia or Nicaragua or Nigeria, where right wing mercenaries intentionally crush any demands for some share in the wealth lying under the ground they have lived on for centuries, up to the point of hacking defenceless civilians to pieces to implant the fear...

Sorry if I don't get your drift, but I think unions have done a great deal to help the average joe ( I consider myself one).

BTW, I'm not a union man, but I still believe that without them we would get busted back into the stone age.

russell



To: ahhaha who wrote (12705)6/9/1998 12:12:00 AM
From: Investor-ex!  Read Replies (1) | Respond to of 116791
 
ahhaha,

Yes, throughout this particular U.S. expansion and its many restructurings, I've often thought to myself, "Look at all those monopolists lowering their salaries and benefits, yes, even denying themselves employment with companies with whom they've worked half their lives!" How can the hapless concentrations of global capital hope to compete with such insidious leverage? :o)

Labor's domain is price inflation from overcompensation and underproduction. This cycle is ready to start anew.

Capital's domain is asset inflation from overproduction and undercompensation. This cycle has almost peaked.