Why Its Pointless To Argue With Global Warming Believers 2096

(snip)

Here's an interesting excerpt:

"You don't want inflation to be built into people's planning. Once that happens, then prices increases in one sector get pbutted to another, and then into wages. And that doesn't do any good for workers, because inflation starts to climb even faster."

and

"Back then, we were arguing about the trade-off between unemployment and inflation, and we weren't clear about which one was more important," he explained. "Today, there is no question: you cannot run the economy without the primacy of the goal of price stability."

(full article here): &en=6c440db16432a05e&ei=5088&partner=rssnyt&emc=rss

The problem here is that you don't have a choice but to plan, if it's even possible for you to do, or starve. Somewhere in this thread someone wrote that it's up an running now (the paper money system) and works fairly well. To make such a statement overlooks a bunch of negative data that break all kinds of records.

-- "Heck, OS X is not even partially based on FreeBSD" - Snit "Sandman and Carroll are running around trying to crucify trolls like myself" - Snit