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To: DeaconBenjamin
we are so freaking doomed. what the economy needs is deflation and yet none of our leaders understand this. The free market is trying to realign with the outflow of wealth of this country over the last 20 years. We were able to hide the outflow through the use of credit for the last 5-10 years but it has become impossible to keep afloat. The only way out of this mess is to increase wages or decrease prices. the avg person no longer can be a part of the economy. there is no extra at the end of the month.

free trade and open borders has destroyed us and not one leader understands this. the economy must stabilize itself with the rest of the world. therefore our standard of living must decrease or theirs must increase. since there are many billions more of them then us. The logical step is for ours to fall. that is the end result of free trade and now that the companies have destroyed the golden goose with their pursuit of the biggest profit margins the USA economy is in freefall and can no longer support the expensive products prices of the cheap products made in China and mexico. and the leaders answer is INFLATION? increasing prices will drive what little demand out of the market altogether. Inflation will cause everyone to become a rancher and farmer. inflation will cause hunting to spike. Inflation will cause more unemployment as demand nosedives. Do these idiots not understand the basic economic law of supply and demand. there is no demand so they want to drive up price? increasing prices drives down demand and causes supply to shrink as the lack of demand inflates inventories companies will cut back production.

19 posted on 09/06/2010 10:36:24 PM PDT by unseen1
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To: unseen1

Deflation hasn’t done Japan any good. And they’ve had a major 20 year dose.


25 posted on 09/07/2010 2:08:07 AM PDT by DB
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To: unseen1

I have had similar thoughts. The problem is that our “leaders” just care about the next election. The long term good loses in the shuffle.


31 posted on 09/07/2010 4:12:07 AM PDT by rbg81 (When you see Obama, shout: "DO YOUR JOB!!")
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