Re: debate thread
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
My question would be, why is artificial inflation necessary for anything other than being able to "afford" excess spending? It seems it would be a whole lot simpler for everyone if the dollar was worth the same amount for a long time.
[/ QUOTE ]
You are introducing a value judgement with the word "artificial". What is "artificial" inflation vs "real" inflation?
I think once we get passed that the ultimate answer to what youre really asking is that moderate wage and price escalation provides a needed buffer against deflation.
[/ QUOTE ]
You consider what my grandfather (1920-) has experienced in his lifetime moderate wage and price escalation? Or do you think future bureaucrats will manage the dollar better?
[/ QUOTE ]
Both
|