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To: AdamSelene235
I don't believe there should be a politburo attempting to centrally manage and manipulate the economy.

I guess each state should manage the money supply? Maybe each person?

As far as inflation, M3 has been averaging 8% per year for the last decade.

Great, so that translates into an inflation rate of what?

34 posted on 09/29/2005 3:22:16 PM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: Toddsterpatriot
I guess each state should manage the money supply?

Noooo.

Maybe each person?

Yes, let the free market pick the medium of exchange.

As far as inflation, M3 has been averaging 8% per year for the last decade. Great, so that translates into an inflation rate of what?

Bout 8%.

35 posted on 09/29/2005 3:26:23 PM PDT by AdamSelene235 (Truth has become so rare and precious she is always attended to by a bodyguard of lies.)
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To: Toddsterpatriot
As far as inflation, M3 has been averaging 8% per year for the last decade. Great, so that translates into an inflation rate of what?

Wouldn't it be something like 8% minus the rate of growth of the population (including illegals, of course)?

71 posted on 09/30/2005 5:36:23 AM PDT by meyer (The DNC prefers advancing the party at the expense of human lives.)
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