RAGINGDEBATE.COM NETWORK AFFILIATE - FACILITATING CITIZEN'S POWERED MEDIA RECOMMENDED AFFILIATE SITE: RAGINGDEBATE.COM

2 Comments

Vote FOR or AGAINST comments below.
TowneForCongress.com - Geiss
Geiss
  • Vote
  • 1
  • 0

Jake,

I saw your presentation at CEPTA last night.  Here are a few suggestions for your consideration.  They all pertain to the subject of inflation.

1.  When the government and its central bank increase the money supply, this is exactly the same thing that counterfeiters do.  The only difference is that the government has made these actions legal for itself, but anyone else who tries it gets prosecuted. These actions are just as immoral as those of counterfeiters.  They might be more harmful, though, because government can do it on a much larger scale.

2.  Do you think that inflation (by which I mean expanding the money supply) had anything to do with causing the current recession or past recessions?  If it did, then this fact, if pointed out to your listeners, might make your critique of inflation more timely to those hearing your message since the recession is one of the major issues right now.

3.  Do you think saving is good for the economy or not?  If you do, then the next question would be, does inflation encourage saving or discourage it?  If saving is good (and I realize not everyone believes that) and if inflation discourages saving, then obviously this would be another reason it is bad for our economic well-being.

I don't intend for you to give me an answer to these questions.  They are just something for you to think about and incorporate into some of your presentations if you think appropriate. 

 

 

Leave a Comment
*NOTE: is our spam filter eating your comments? Become a registered user and login. Click here to learn more.