Whats wrong with using helicopters to fight off deflation?

Discussion in 'Economics' started by Daal, Apr 13, 2007.

  1. Daal

    Daal

    Had the japanese tried that they would be happy campers these days. If they want inflation they certainly ain't trying hard enough. Since we have a paper money system might was well run it that best way as possible and that means not letting the system collapse or stagnate
     
  2. In the short run, printing money seems like fun for everyone. In the long run, it's DISASTER.

    Suggest you read a little of world financial history...
     
  3. Daal

    Daal

    the US and other major countries have been priting money for what, decades now, we are still waiting for the austrian worldwide meltdown. bottom line is the japanese economy would been better in the last 17 years if they had more inflation, not a ridiculous amount, but some kind of inflation to make a bad system(fiat money) work
     
  4. zdreg

    zdreg

    the dollar loosing half its value to the brazialian real makes americans happy campers.
     
  5. The Japanese experience of the las 17 years was actually good for them overall... Amerika would do well to do likewise if it had other than short-term [re-election] concerns.
     
  6. zdreg

    zdreg

    here are some happy japanese campers:
    http://biz.yahoo.com/ap/070413/japan_hotel_purchase.html?.v=17
     
  7. zdreg

    zdreg

    inflate your way to prosperity. it has been tried by most 3rd world governments. fool the people it. works every time. destroy the currency. make the bankers rich and save the real estate speculators.

    amazing how people like you always. come out the closet when the gov't has screwed economy.
    read not a history book but a bunch of them.
     
  8. Daal

    Daal

    I'm not talking about tripling the money supply in four hours. But trying other methods for producing a some kind of inflation(1-4% year). What they have been trying is not working and the bernanke 'unconvetional methods' are not a bad idea if realize what their trying to do
     
  9. You're out of your freakin' mind... JMO. BS Bernanke has the potential to go down in history as an even bigger financial criminal than Greenscam.
     
  10. zdreg

    zdreg

    greenspan may have claimed that he is a follower of milton friedman but it was all smoke and mirrors.
    friedman's rule was to let the money supply grow by a couple of per cent per year without regard to interest rates or employment levels or elections.
     
    #10     Apr 13, 2007