tag:blogger.com,1999:blog-3758330678390419129.post7588479439187508435..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: The Most Rapidly Depreciating Currency in the WorldRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3758330678390419129.post-7179135114360463572013-11-29T09:01:29.275-05:002013-11-29T09:01:29.275-05:00Private companies face the same flawed human condi...Private companies face the same flawed human condition as public monopolies. The difference is with a private company, its customers are the only ones affected by poor decisions, and other options exist for its customers to choose. Freedom does not produce perfection. It minimizes all the warts created by monopoly.Micnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-43363033687030085232013-11-28T21:48:18.601-05:002013-11-28T21:48:18.601-05:00"The Most Rapidly Depreciating Currency in th..."The Most Rapidly Depreciating Currency in the World" <br /><br />in·teg·ri·ty <br />Function: noun<br />1 : firm to a code of especially moral or artistic values : incorruptibility 2 : an unimpaired condition : soundness 3 : the quality or state of being complete or undivided<br /><br />[end of lesson] Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71658502621692473392013-11-28T18:37:59.057-05:002013-11-28T18:37:59.057-05:00What happened to the whole "private companies...What happened to the whole "private companies have an incentive not to devalue their currencies"? I could be wrong, but it seems to me to show that private currencies would be inflated, just as private airline miles are. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-28510572778130843742013-11-27T22:42:15.108-05:002013-11-27T22:42:15.108-05:00Brilliant analysis. I barely pay attention to my m...Brilliant analysis. I barely pay attention to my monthly USAir statement anymore, for precisely the reasons mentioned.<br /><br />Another thing about the programs that never ceases to amaze me is the way gullible flyers continue to buy extra rapidly depreciating miles each time they book a flight. <br /><br />Painful though it is for those of us who are long-term frequent flyers, anyone who livedChrisnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-19606799135364715632013-11-27T21:49:55.208-05:002013-11-27T21:49:55.208-05:00Why the fixation with inflation? Every day there i...Why the fixation with inflation? Every day there is another one of these "hyperinflation due any day" articles. <br /><br />CPI All Items:<br />Oct 2013: 233.546<br />Oct 2008: 216.573<br /><br />annual rate of inflation over 5 years: 1.5%/year<br /><br />Ron Paul: Collapse of the Dollar <br />Uploaded on May 27, 2008<br />http://youtu.be/gAmJOsbVDjI<br /><br />5 years of fear mongering.Anonymousnoreply@blogger.com