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That is a great question! Can you supply some detai of the different inflation rates among EMU members? What is the metric for the rates, national CPI or some such index? I suppose the issue is one of degree. I need to see how divergent the rates are. In the U.S. there are different...

Common Kass, it certainly is more interesting than his long winded economic opinion..and more factual. I'm wondering if the dog is like a baby substitute.

Real dogs eat dry food. It comes in a big bag.

Your friend is lucky, at least she will be able to eat the dog.

Your ID reminds me of a Flat Screen model number...Best Buy is offering 0 interest for a 3 yr term on 55" high resolution LED flatsceen systems with wireless internet interface...prices are half of what they were last year...likely more than they will be next month...but hay, gotta like the...

Lot of words JSSPMK. I tried to lay it out for you really simply...watch the flow of capital...that is what is really happening....no matter what the whys are or the intents may be. These opposing processes, deflation and inflation, are long term processes, that persist alongside of the...

Deflation is when capital is flowing out of tangible assets and into money and money substitutes. This capital flow is characterised by deleveraging and a drop in the value of collateral assets. In contrast, Inflation is the flow of capital out of financial assets and cash into tangible assets...

Have you priced a 'flat screen' lately? Shopped in an antique store? Looked at house deals? Do you know anyone who renegoatiated his landscape fee? Negotiated with painters for a price? Got a quote on cabinets or a new counter top? Shopped sales on Men's cloths? A lot of appreciation in...

Deadbloke, thankyou for quoting me. I am flattered that you remembered becuase it has been such a long time in thread years. I havn't changed my opinion. Good luck with your continued thread, I hope it brings you much pleasure.

The debt credits are the money...the issue is what they are worth. In the hotel story they are worth 100% to cancel a counterbalancing obligation. Of course in a real economy they might be worth much less than 100% to a third party. That is the primary problem with NAMA acquistion remedy in...

Bearice, in your little tale did you notice that quite apart from the 100 note all the debts were counter balanced and could have been settled by offset the whole time...without the illusion of the 100 note. Not much like how an econmy really works, more like how counter party risk is actually...

Illum, 'Savings' is investment. It is the investment of past production surplus...usually we think of it as investment in financial assets, but it could be invested real estate or other types of assets. "Inflation" is a form of sovereign default...it is the default of the Government on its...

In all your research where did you see a study that demonstrated the existence of a money multiplier? It's a convenient notion so long as you don' think too much, but I have never seen any study that can demonstrate that there is such a thing. If you think about it, you must realize that...

No. I am not going to play a game with you. I read all your posts on this thread and I realize that it would be a waste of my time, you would just be a 'Pain'. Your writing and treatment of the data is highly biased, ideologically driven. Nothing I would say to you would change your mind...

Only ignorance or deception can explain comparing top income tax rates (or any other income tax rates for that matter) that are applied to nominal income on a decade by decade basis without making an adjustment for inflation, without disclosing the change in the number of people who pay these...

A small non distortive excise tax on all imports (something like 3% to 5%) would be an efficient tax that would not hurt long term growth so long as the tax was non discriminitive and all mercantile tariffs were repealed and reduced to the non discriminating low blanket number. Such a tax would...

Ach,...in the quote above I meant to say increased revenue and reduced spending...so, I edited it and you will see it is now changed from what you properly quoted...I don't for a minute thing we can afford to increase spending...or even maintain the current level of spending. With regard to...

Ach...all you heard was 'growth'...which appears to be a perjorative for you...you could have read my comment as dramatically increasing revenue while dramatically reducing spending at the same time.

Random.C , agree with your comment...I would be very happy to have a better metric that GDP which is as you likely realize a metric of consumption and so not really measuring 'growth' that can be used to pay debt...but hey I don't have time to invent the right metric for this discourse...I'm...

The most amazing thing about all these silly discussions of the overwhelming deficit, the runaway spending, and insane schemes to raise more tax funds from the 'wealthy' is the general confusion about what is important when you have a insolvent situation. Popular pundit blogger 'faux'...