Inflation/Thoughts
Kervoskia
02-04-2005, 03:13
I decided to make a double thread. The poll deals with inflation, what is the best way to deal with it? the second deals with thoughts. Post your thoughts and insanity/drunkeness here.
Best way to deal with inflation is get insaley drunk and think about it.
:D
Benokraitis
02-04-2005, 03:16
Well seeing as how I am currently taking Macroeconomics and we just learned the ways the government deals with inflation I could give a really in depth explanation. But I won't put everybody through that :)
Kervoskia
02-04-2005, 03:17
If you voted for the gold standard, I suggest you read Milton Friedman.
SidIsMyRabbit
02-04-2005, 03:38
i like that money is evil i totaly agree :sniper:
Pantylvania
02-04-2005, 05:33
The number of fiat dollars has increased too much since the end of the gold standard for us to go back quickly. The Fed can only increase the overnight interest rate so much before people stop investing. The market alone would give the dollars infinite inflation since they're not really worth anything. The way to fight inflation is to eliminate the deficit, mostly by decreasing federal government spending