Thats not really deflation... you have to consider purchasing power overseas, etc. which is a function of money supply, interest rates, and other factors. That's just reducing size of government, which I'm in favor of. Real deflation is simply not possible. I think we bought a one way ticket to financial disaster I'm sad to say.
-jmz On Mon, May 17, 2010 at 4:18 PM, keith smith <klsmith2...@yahoo.com> wrote: > We are definitely in a pickle. Maybe it is not as pure as just this simple > one item however if my tax burden was reduced by 25% then I would be able to > live on 25% less. Isn't that a deflation? > > The national debt is a real problem. We need to get control of our country > and where it is going! > > > ------------------------ > Keith Smith > > --- On *Mon, 5/17/10, Joshua Zeidner <jjzeid...@gmail.com>* wrote: > > > From: Joshua Zeidner <jjzeid...@gmail.com> > Subject: Re: ditching Apple products due to boycotts? > To: "Main PLUG discussion list" <plug-discuss@lists.plug.phoenix.az.us> > Date: Monday, May 17, 2010, 4:13 PM > > > > > you might see some kind of short term deflation, but any substantial > deflation would break us. Any time you have debt, then deflation makes that > debt harder to pay. Not only would it be tragic for Americans on a personal > level, but on a state and federal level it would be equally disastrous. eg. > What would happen if everyone's salary were halved next week? Massive > default on mortgages, housing inventory increases, values go down, etc. I > would think that deflation might be beneficial, I just don't think its an > option (either financially or politically). Most likely they will just > print their way out of this, and destroy the dollar in the process. > > -jmz > > On Mon, May 17, 2010 at 4:06 PM, keith smith > <klsmith2...@yahoo.com<http://mc/compose?to=klsmith2...@yahoo.com> > > wrote: > >> >> I think if taxes were reduced by 25% or even 50% we would see deflation. >> We need to deflate. >> >> ------------------------ >> Keith Smith >> >> --- On *Mon, 5/17/10, Joshua Zeidner >> <jjzeid...@gmail.com<http://mc/compose?to=jjzeid...@gmail.com> >> >* wrote: >> >> >> From: Joshua Zeidner >> <jjzeid...@gmail.com<http://mc/compose?to=jjzeid...@gmail.com> >> > >> >> Subject: Re: ditching Apple products due to boycotts? >> To: "Main PLUG discussion list" >> <plug-discuss@lists.plug.phoenix.az.us<http://mc/compose?to=plug-disc...@lists.plug.phoenix.az.us> >> > >> Date: Monday, May 17, 2010, 3:58 PM >> >> >> >> >> In a deflation scenario, the dollar would buy a lot of code, but it >> would also bankrupt just about anyone with a mortgage or any other kind of >> debt. Remember deflated dollars are harder to come by. >> >> -jmz >> >> >> >> - >> >> On Mon, May 17, 2010 at 3:44 PM, keith smith >> <klsmith2...@yahoo.com<http://mc/compose?to=klsmith2...@yahoo.com> >> > wrote: >> >>> >>> Maybe..... What if we were to go into deflation? Wouldn't that help? >>> >>> ------------------------ >>> Keith Smith >>> >>> --- On *Mon, 5/17/10, R P Herrold >>> <herr...@owlriver.com<http://mc/compose?to=herr...@owlriver.com> >>> >* wrote: >>> >>> >>> From: R P Herrold >>> <herr...@owlriver.com<http://mc/compose?to=herr...@owlriver.com> >>> > >>> >>> Subject: Re: ditching Apple products due to boycotts? >>> To: "Main PLUG discussion list" >>> <plug-discuss@lists.plug.phoenix.az.us<http://mc/compose?to=plug-disc...@lists.plug.phoenix.az.us> >>> > >>> Date: Monday, May 17, 2010, 3:01 PM >>> >>> >>> On Mon, 17 May 2010, keith smith wrote: >>> >>> > I sure hope outsourcing becomes null and void. What do you base this >>> > on? >>> >>> >> earlier, Joshua Zeidner: >>> >> Clearly they are doing it for symbolic purposes... which is why we >>> should do it right back to them. Apple products are overpriced and >>> overpromoted anyway. They are a California based company but they certainly >>> do most of their work overseas. The way things are currently going the >>> outsourcing equation will change, and possibly become invalid. >>> >>> This looks like wishful thinking. The outsourcing/offshoring >>> genie is out of the bottle, and nothing is going to put it back >>> >>> -- Russ herrold >>> --------------------------------------------------- >>> >>> >>
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