We're becoming more like Germany after end of world war II
COLA is a 33 cent adjustment to top scale
- Thread starter DaFatBunny
- Start date
Jkloc420
Do you need an air compressor or tire gauge
You want some inflation, you don't want 0
No I don't. I want my dollar to buy more than it did yesterday, not less.
Jkloc420
Do you need an air compressor or tire gauge
0 percent means the economy is stagnant
No it doesn't.
Would you be willing to take a zero or a negative pay raise? Same goes with your bank account would you like to make it zero interest or a negative interest yield on it?
None of that is necessary.
When Is Inflation Good for the Economy?
Find out why some economists and public policy makers believe that inflation is good, or even necessary, for economic growth.
Mainstream drivel that was brainwashed into thinking inflation is good by Keynes and others.When Is Inflation Good for the Economy?
Find out why some economists and public policy makers believe that inflation is good, or even necessary, for economic growth.www.investopedia.com
We need to stop printing money and fix the value of the dollar to some weight of gold as required by the constitution. Everybody will be wealthier as a result.
They're probably isn't enough gold on the planet to put the dollar back on a gold standard
The amount of gold is completely irrelevant.
You aren't understanding
No, you aren't. We don't need to keep printing money the way we have been. We should have shut the printing press off and pushed it into a river a long time ago.
Stop printing money.
Fix the value of the dollar to some weight of gold.
Let everybody benefit, instead of a few rich fatcats who hate you, me, and everybody we know.
Ask @Jkloc420 to explain it to you m
Jkloc420
Do you need an air compressor or tire gauge
The only way to get out of all the trillions that we owe everyone is to have some inflation, but not too high but enough to raise a GDP so we can pay off some other debts
Or we could just, you know, repudiate the debt.
And cause the greatest depression ever
That's inevitable at this point anyway.
