tag:blogger.com,1999:blog-3758330678390419129.post6207125391655492302..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Krugman Sees the Global Inflation that is ComingRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3758330678390419129.post-78633801673529045312011-10-20T06:48:11.473-04:002011-10-20T06:48:11.473-04:00I don't know why anyone works for a living whe...I don't know why anyone works for a living when everything (their bogus money) you work for is stolen from you in taxes and inflation. The Greeks are not the fools.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43958931288906106572011-10-19T17:21:43.807-04:002011-10-19T17:21:43.807-04:00@anon 12:33pm
"With falling currencies, comm...@anon 12:33pm<br /><br />"With falling currencies, commodity prices will turn lower and the current nascient price inflation and PPI price inflation abate."<br /><br />The exact opposite will happen, in nominal terms. With a greater supply of dollars - there are more dollars to bid up asset pricesDanger Pioneerhttps://www.blogger.com/profile/15978715863845118886noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-77308019445152377902011-10-19T15:58:32.249-04:002011-10-19T15:58:32.249-04:00"Price inflation if it does come will from ma..."Price inflation if it does come will from manufactuers and retailers creating it to stay in business to offset falling demand.In this sense demand destruction creates inflation."<br /><br />Market competition won't allow for it for long. Besides, assume the money supply is fixed; increasing costs on a given set of goods will force cuts in spending somewhere along the line. This Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-17493883522310922102011-10-19T12:33:21.590-04:002011-10-19T12:33:21.590-04:00Thanks for your blog.
I do have to disagree with ...Thanks for your blog.<br /><br />I do have to disagree with your perspective on impending price inflation. <br /><br />Price inflation if it does come will from manufactuers and retailers creating it to stay in business to offset falling demand.In this sense demand destruction creates inflation.<br /> <br />The Milton Friedman Free To Choose floating currency regime died in September as the US Anonymousnoreply@blogger.com