Inflation? What inflation? Let's look at facts.

Quote from denner:


I'm more convinced that you are either a bureaucrat in the Canadian government or some clueless academic, hell bent on promoting your Keynesian fantasies of perpetual monetary stimulus and the evils of deflation.

I am a supporter of the Conservative government of Canada, but am hardly a bureaucrat. I work in the private sector and am well educated, but would hardly call myself an "academic"...

I don't promote perpetual monetary stimulus, only enough to avoid deflation. Because yes, deflation is evil.
 
Quote from Kassz007:

I am a supporter of the Conservative government of Canada, but am hardly a bureaucrat. I work in the private sector and am well educated, but would hardly call myself an "academic"...

I don't promote perpetual monetary stimulus, only enough to avoid deflation. Because yes, deflation is evil.

No sir, you are wrong, inflation is evil.
 
Quote from Kassz007:

I am a supporter of the Conservative government of Canada, but am hardly a bureaucrat. I work in the private sector and am well educated, but would hardly call myself an "academic"...

I don't promote perpetual monetary stimulus, only enough to avoid deflation. Because yes, deflation is evil.

"deflation is evil." why don't you present proof?
the fact that the liberal media and liberal economists and most politicians believe it makes it prima facies doubtful.
 
Have you read about the deflationary panics of the 19th century? They were absolutely crippling.

Quote from zdreg:

"deflation is evil." why don't you present proof?
the fact that the liberal media and liberal economists and most politicians believe it makes it prima facies doubtful.
 
Quote from zdreg:

"deflation is evil." why don't you present proof?
the fact that the liberal media and liberal economists and most politicians believe it makes it prima facies doubtful.

Proof? There is an entire decade of proof. It's called the Great Depression and it occured in the 1930's.
 
Quote from Kassz007:

High inflation is evil as well. Low inflation is ideal.

ideal is whatever is necessary to take out the excesses ie bubbles of the business cycle. most bubbles in the 20th century were caused by governments interfering with market forces. goverments ie fiat money and legislation are continuing to creating bubbles which will end in an economic collapse. giving market forces time to work is the solution. politicians looking at the next election will not allow it. you can expect bigger bubbles and then bigger busts as market forces take over.
read the economic history of South America or from Zimbabwae to see what gov't interference creates.
 
Quote from Kassz007:

Proof? There is an entire decade of proof. It's called the Great Depression and it occured in the 1930's.

that is not proof since policies of governments worldwide prolonged the depression.
 
Quote from sjfan:

Have you read about the deflationary panics of the 19th century? They were absolutely crippling.

correct but recovery came after the excesses in the system were washed out. excesses in advanced modern economies are not allowed to be washed out. the bubbles became greater. the inevitable bust will be much worse and will last much longer.
 
Quote from sjfan:

So.... we are going to counter well documented and researched statistics with .... your personal observations? Let's see - did the price of personal computers rise or fall between 03-07; Were you able to buy detergent and paper towels at a higher or lower price at Costco in 2007 compared to at the neighbourhood CVS in 2003? etc....

So far, all the supposedly evidence that CPI is massively manipulated seem to come down to I KNOW BECAUSE I WAS THERE.... so the rest of us apparently weren't

Food costs
Healthcare costs
Tuition costs
Housing costs
Property taxes
Utility costs

to name a few
 
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