Some thoughts about secular stagnation | 107 comments (107 topical, editorial, 0 hidden)

Re: Some thoughts about secular stagnation (none / 1)

Yes, and this is where I threw two ideas, either raising the minimum wage very strongly each year, or simply crediting money on an equal basis until the desired inflation is achieved. Each year.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi

by Cyrille (cyrillev domain yahoo.fr) on Mon Nov 18th, 2013 at 06:16:34 PM EST
[ Parent ]

Re: Some thoughts about secular stagnation (none / 0)

It is because of the instinctive revulsion that wealthy elites exhibit to either of the two above solutions to deflation that I fear that we will yet be plunged into a debt deflation death spiral. There may well be a limit to the ability to save people from themselves.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Nov 18th, 2013 at 08:42:09 PM EST
[ Parent ]

Some thoughts about secular stagnation | 107 comments (107 topical, 0 editorial, 0 hidden)

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