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  • October 17, 2010 at 10:49 AM #18084
    admin
    Keymaster

    Interesting story in NY Times.

    It’s starting to feel like were are going the way of Japan despite all the fiscal and monetary stimulus.

    The Great Deflation
    Japan Goes From Dynamic to Disheartened
    By MARTIN FACKLER

    Economists are pointing to Japan, which has been trapped in low growth and deflation, as a dark vision of the future for the West.

    http://www.nytimes.com/2010/10/17/world/asia/17japan.html?_r=1&hp

    October 17, 2010 at 11:09 AM #619022
    BigGovernmentIsGood
    Participant

    The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.

    October 17, 2010 at 11:09 AM #619103
    BigGovernmentIsGood
    Participant

    The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.

    October 17, 2010 at 11:09 AM #619653
    BigGovernmentIsGood
    Participant

    The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.

    October 17, 2010 at 11:09 AM #619772
    BigGovernmentIsGood
    Participant

    The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.

    October 17, 2010 at 11:09 AM #620091
    BigGovernmentIsGood
    Participant

    The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.

    October 17, 2010 at 12:35 PM #619072
    Aecetia
    Participant

    Good article, Brian.

    October 17, 2010 at 12:35 PM #619152
    Aecetia
    Participant

    Good article, Brian.

    October 17, 2010 at 12:35 PM #619702
    Aecetia
    Participant

    Good article, Brian.

    October 17, 2010 at 12:35 PM #619822
    Aecetia
    Participant

    Good article, Brian.

    October 17, 2010 at 12:35 PM #620141
    Aecetia
    Participant

    Good article, Brian.

    October 17, 2010 at 12:39 PM #619077
    mike92104
    Participant

    [quote=BigGovernmentIsGood]The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.[/quote]

    There’s an idea! Communism will fix it!

    October 17, 2010 at 12:39 PM #619157
    mike92104
    Participant

    [quote=BigGovernmentIsGood]The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.[/quote]

    There’s an idea! Communism will fix it!

    October 17, 2010 at 12:39 PM #619707
    mike92104
    Participant

    [quote=BigGovernmentIsGood]The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.[/quote]

    There’s an idea! Communism will fix it!

    October 17, 2010 at 12:39 PM #619827
    mike92104
    Participant

    [quote=BigGovernmentIsGood]The only true remedy to deflation is to tax wealth and to have a very high estate tax. This will allow for redistribution of wealth from the upper classes who are hoarding it to the lower, more productive classes who will spend and invest it.[/quote]

    There’s an idea! Communism will fix it!

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