chem1st Posted August 15, 2011 Share Posted August 15, 2011 Well...I was wrong about inflation:roll: Without inflation the system will collapse. People are doubting the currency. They cannot afford to allow deflation, the Americans are now having to direct QE to benefits, as it is the only thing which can produce economic growth, they reduced the economic value of labour to such a degree that people stopped working. Money fast becomes irrelevant when it measures, labour and trade, and it goes on to deny both labour and trade. Working an hour or two for an apple pie and a beer, when the old lady down the road will sort you out an apple pie and a beer for tidying her garden. (Homemade beer and apple pie) They seek to tax any work. They will price you out of helping your neighbours! They will deny you the ability to work for a living, and force you into a form of corvee, serfdom or debt bondage. a.k.a. slavery. Link to comment Share on other sites More sharing options...
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