1 posted on
07/12/2010 2:55:25 PM PDT by
jazusamo
To: abigail2; Amalie; American Quilter; arthurus; awelliott; Bahbah; bamahead; Battle Axe; ...
2 posted on
07/12/2010 2:58:39 PM PDT by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
To: jazusamo
I will never think it’s wrong for individuals or institutions to save. If everyone had been able to survive for a year on their savings, we wouldn’t be in the current mess.
Seems the only objective is to make our economic engine run faster and faster through increased borrowing and complicated deals and this is done at the expense of stability.
7 posted on
07/12/2010 3:33:25 PM PDT by
frposty
(I'm a simpleton)
To: jazusamo
They say, for example, that the pharmaceutical company Pfizer is holding on to $26 billion... Don't blame 'em, I'm holding on to $14.27 my dam self.
8 posted on
07/12/2010 4:04:04 PM PDT by
Graybeard58
(We couldn't keep the commandments when there was only ONE!)
To: jazusamo
Interesting — I hadn’t thought of low velocity as the reason for the low inflation, but it seems to make sense.
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