🚀 go-pugleaf

In article <37013@uflorida.cis.ufl.edu>, jfh@reef.cis.ufl.edu (James F.
Hranicky) writes:
|> The interesting thing about inflation is that if it were merely stopped,
|> the economy would get going again on its own. The recession is actually 
|> the GOOD part of the business cycle because during the recession the 
|> market realigns itself, correcting the malinvestments caused by inflation.
|> Our government officals cannot seem to resist temptation, however.
|>  
|> Cool, huh?
|> 

Totally Bitchin', Jim, thanks for your clear post which recognizes the
whole cycle and sees that the down goes along with the up.  I don't know
enough to accept or evaluate the theory, but I agree that the recession
"corrects" the previous economic direction, like a sailboat tacking 
back and forth across the charted direction.  For that reason it contains
many, many healthy and vital economic behaviors.

Paul Collacchi