Who wouldn't like prices to start falling? Careful what you wish for, economists say - Breitbart
Many Americans are in a sour mood about the economy for one main reason: Prices feel too high Who wouldn't like prices to start falling? Careful what you
This is b.s. Deflation doesn't cause people to quit their spending practices. Inflation does that. What this article suggests, by using the Bank of England as a main source, is that with deflation comes lower "profits" for investors, which on the surface would seem accurate, but it's not. The reason why the Japanese weren't spending as much in the early 2000's was from their currency valuation being upside down in relation to Western currencies like the USD, British Pound, and Deutsch Mark. They had a period of inflation for almost 50 yrs after WWII, due to them having to pay reparations to every so ereign nation they harmed during that war. Once they got their economy under control, the [el'ites] in charge of their financial system wuit seeing the profits [they] were used to. There wasn't a spending crisis in Japan, there was a "profits crisis" that was affecting [their] financial dominance over The People.
It's a simple fact of economics that once a currency starts experiencing inflation, it's hard to keep it under control to prevent the type of inflation we saw with the Webinar Republic, and to a lesser extent, the rest of the world during the Great Depression. Letting theses ass hats manipulate the speculation market along with currency valuations is what led to the Great Depression. And we haven't learned our lessons from that era or the so-called Great Recession under [Dubya]/[Hussein], or the Recession of the late 70's-very early 90's, because if the worldwide inflationary trend continues, we will inflate ourselves out of the Central Bank scams weve been under since 1913.
The only way to get prices across the board under control is to put our currencies back intto a previous metals backed hard currency that will hokd it's wealth over long periods of time (meaning forever).
Thanks, I didn't think this was accurate, we can't trust the Fed or CONgress to be any real help since the system is dying. I'm trying to invest in physical useful items that will be available when the currency loses value.