Given the complex nature of the question. http://mises.org/daily/3366vincecate wrote:Thanks!gerald wrote: Your section on "Inflation & Taxes" is right on,[...]
It is really the Inflation vs Deflation part where the debate and confusion seems to be. Trying to get it all sorted out. Anyone else have any comments?
http://pair.offshore.ai/38yearcycle/#deflation
-- Vince
The relationship is all around you. A $160,000.00 house went for $40,000
Another was $110,000 went for 10,000 as the monetized process continues.
They feel thsy can kick the can far enough they can make to filter out
regional weakness zones to keep the ship floating. I guess your question conveys as to
what are you willing pay. This Utility "what puts you at ease" is as far as the left is from the right.
What we have found true:
http://mises.org/books/mises_money.pdf
What is necessary is to prevent government from destroying
the monetary system by inflating. therefore the quantity of money
shouldn’t be manipulated by the government, according to the wishes of
those people who want to enjoy a few minutes, a few hours, a few days, or
a few weeks of good life from increased government spending, for a very
long disastrous state of affairs.
We must say that what creates the inflation is the famous “remedy”
for the government’s problems, the “remedy” which people believed was
discovered some few years ago, but which was really discovered by the
Roman emperors—deficit spending. Deficit spending made it possible
for the government to spend more money than it had and that it collected
from the people. As everybody knows, deficit spending, that is spending
more than one’s income, is very bad for the individual. The great error is
that people believe that what is bad for the individual is not necessarily
also bad for all the individuals together. This is the great mistake.
It is when, not how.
Irony: Frustrated local and state officials were also waiting for the Army Corps of Engineers to issue permits so they can build sand berms in front of islands and wetlands to act as buffers between the advancing oil and the wetlands. I watched Black Blizzard on PBS on the struggle to survive in that region then as they do now in that current reality from practises. All politic's are local people so act as such. With those with a eye to see you can check to see what seal has been broken.
The states are moving to survive and may they do well.