- ... You don t have to stop the good kind of deflation. ... As long as we propose freedom, justice, efficiency, why not? ... Please forget what I mind andMessage 1 of 192 , Nov 2, 2007View SourceOn Nov 2, 2007, at 12:50 PM, Mark Porthouse wrote:
>You don't have to stop the good kind of deflation.
> Whatever the system of money supply, money has to be added to stop
> So you are proposing a decentralised money creation system?As long as we propose freedom, justice, efficiency, why not?
> So you don't mind whether it is wage inflation or price deflation?Please forget what I mind and don't. Let's talk about something else,
> I would love to borrow money off you! :) Sounds like I will getTo repeat, come try the local currency.
> richer and you will get poorer.
SMITH, Jeffery J.
President, Forum on Geonomics
Share Earth's worth to prosper and conserve.
- Quoting Dan Sullivan on Fri, 02 Nov 2007 18:28:56 -0400: ___DS___ Everyone on this list knows that deflation is not the fall in prices of some things, such asMessage 192 of 192 , Nov 2, 2007View SourceQuoting Dan Sullivan on Fri, 02 Nov 2007 18:28:56 -0400:
Everyone on this list knows that deflation is not
the fall in prices of some things, such as computers,
relative to other things, such as oil. It is the
fall in value of all things, or of things generally,
in relation to money.
Got it. Despite what the Constitution for the
United States of America in Article I Section
10 says, money is not a "Thing". (Apologies
to any list subscribers in nations defining
"money" as immaterial.)
Please continue your regularly scheduled bickering.