Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
I usually find your comments understandable enough, however oblique in many cases. However, I'm lost on this one. Perhaps you are engaging in a very subtle sarcasm.

"In fact, inflation cannot be caused by bankers or corporations, by definition." Pardon me? Whose definition? OK - maybe government policy is the important causation. Then who controls the government?

At least in the U.S., where the government has steadily eroded the 'social safety net's system' response to price increases (better term than inflation?), the effect is wealth transfer from this system to the main beneficiaries of the other government-based welfare system - corporations and banks (particularly the military-industrial complex).

paul spencer

by paul spencer (paulgspencer@gmail.com) on Tue Nov 19th, 2013 at 01:20:32 PM EST
[ Parent ]

Others have rated this comment as follows:

Display: