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Inflation Is Legalized Robbery »

Posted by: populist 2 years, 5 months ago

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A dangerous specter once again haunts our economy, our pocketbooks, and the value of almost every asset. It is called inflation.

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populist

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Comments: 12

Avg rating: (+5/-0 5)
CatholicRedneck
June 8, 2007, 4:57 a.m.
Good find, populist. Two minor corrections: It was Nixon who said, "We're all keynesians now," not Milton Friedman. And Keynes himself advocated that government stop inflating the money supply once the recession was over. Obviously, the man was on drugs if he thought governments would actually do that, but anyway...
Avg rating: (+8/-1 7)
earthlingerer
June 8, 2007, 1:24 p.m.
If it weren't for inflation, do you think that the stock markets would be doing so good?
Avg rating: (+1/-0 1)
Truzseeker
June 8, 2007, 4:21 p.m.
"Examining the organization and function of the Federal Reserve Banks, and applying the relevant factors, we conclude that the Reserve Banks are not federal instrumentalities for purposes of the FTCA, but are independent, privately owned and locally controlled corporations."
Lewis v. United States, 680 F.2d 1239 (9th Cir. 1982)
url ... http://home.hiwaay.net/~becraft/Lewis_v_US.htm
Avg rating: (+5/-5 0)
getreal1
June 8, 2007, 8:54 p.m.
Our Congress is supposed to keep enterprise honest and has done the opposite. The economy is already hurt and the minorities are the ones suffering due to other ill practices of dirty business owners who use the illegal alien. They say that children across the U.S. don't get the proper nutrition. That is the fault of Congress. No no can really afford the the good food. A bag of potato chips if some are lucky. Getting down on the food industries is the way to go, not the parent. The parent is not going to buy a dried up rotten squash for the price that grocery stores want. Outlaw inflation Now!
Avg rating: (+5/-3 2)
epiwah
June 8, 2007, 10:17 p.m.
You're just mad because your wages aren't inflating as fast as fuel prices. If it were the other way around I bet you'd be singing a different tune.