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To: expat_panama

So much horse manure. As a business person, I want predictable money, preferably with zero inflation rate.


2 posted on 10/23/2014 10:47:20 AM PDT by DaxtonBrown (http://www.futurnamics.com/reid.php)
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To: DaxtonBrown
As a business person, I want predictable money, preferably with zero inflation rate.

Zero inflation means no price changes and that never happens in a free market.  Prices always change when free people are allowed to charge what they want and pay what they want.  The only way to have zero inflation is with an all powerful state run economy.  Ah, my bad, zero inflation's also possible when everyone's dead.

9 posted on 10/23/2014 10:57:01 AM PDT by expat_panama
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To: DaxtonBrown
As a business person, I want predictable money, preferably with zero inflation rate.

I admit I don't understand economics, but I never understood the notion that if a business makes $X in year one and also made $X in year two, then they "lost money" in year two because it is assumed they must always make more in each successive year. I can only figure that inflation is assumed. If inflation is assumed, isn't the Fed failing at its mission?

29 posted on 10/23/2014 2:51:22 PM PDT by MileHi (Liberalism is an ideology of parasites, hypocrites, grievance mongers, victims, and control freaks.)
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