So what would you do if you were in charge?

------------------------

Keith Smith

--- On Mon, 5/17/10, R P Herrold <herr...@owlriver.com> wrote:

From: R P Herrold <herr...@owlriver.com>
Subject: ditching Apple products due to boycotts?
To: "Main PLUG discussion list" <plug-discuss@lists.plug.phoenix.az.us>
Date: Monday, May 17, 2010, 4:16 PM

On Mon, 17 May 2010, keith smith wrote:
> Maybe..... What if we were to go into deflation?  Wouldn't that help?

> herrold, earlier:
> This looks like wishful thinking. The outsourcing/offshoring
> genie is out of the bottle, and nothing is going to put it back

Deflation relative to what?  Gold? The CHF? The JPY? The EUR? Why should a loss 
in purchasing power of a unit amount of one currency affect non-lockstep linked 
currencies at all? Bretton Woods ended those days

Prediction of the path financial markets will take appear to be a multi factor, 
non-linear problem, with path dependencies.

Anyone saying they _know_ otherwise should be encouraged to play against you in 
a markets simulation where you run a true random strategy.  If they can 
consistently articulate a durable strategy that produces above market gains, 
follow it

What if AZ were the first mover in a economic game where it restricted 
non-documented guest workers and TX and FL followed suit, but NM and CA did 
not.  Where will budget and employment crises continue longer?

Opinons are cheap; horse races are held regularly to settle differences of 
opinion as to which of a collection of horses can run the fastest.  One problem 
with the study of economics, and behavioural economics, is that there is no 
'experimental lab'; and 'repeatable starting conditions' repetition of history, 
to settle arguments like this.

-- Russ herrold
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