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Article #1696

Re: Inflation

#1696
From: Charles M Kozierok
Date: Sat, 23 Jan 1993 04:10
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In article <2306@blue.cis.pitt.edu> wbdst+@pitt.edu (William B Dwinnell) writes:
>
>Okay, Charles, the point I am trying to make is that inflation would
>occur even in a free market without government intervention (the perpetual
>bad guy), and even without money. Yes, inflation of prices means "prices
>go up", but that doesn;t tell us much. Why do they go up? It seems
>to be the contention of some here that inflation occurs because 1.
>the government does things to cause it, 2. because we use money, or 3.
>both. I am claiming that inflation would occur without either the government
>or money, as "natural" inflation will raise prices, due to the fact that
>if you sit on something, you waste its useful value. If you still do
>not understand, let me know, and I'll run through it again.

no need. i have no dispute that some inflation is natural. my only
point is that most of it is due to "the perpetual bad guy".

--
charles
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Message-ID: <1993Jan23.041017.11269@athena.mit.edu>
Path: arc1-ca.pugleaf.net!sparky!uunet!enterpoop.mit.edu!bloom-picayune.mit.edu!athena.mit.edu!cmk
References: <2259@blue.cis.pitt.edu> <1993Jan21.211300.8065@athena.mit.edu> <2306@blue.cis.pitt.edu>

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From: cmk@athena.mit.edu (Charles M Kozierok)
Subject: Re: Inflation
Message-ID: <1993Jan23.041017.11269@athena.mit.edu>
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References: <2259@blue.cis.pitt.edu> <1993Jan21.211300.8065@athena.mit.edu> <2306@blue.cis.pitt.edu>
Date: Sat, 23 Jan 1993 04:10:17 GMT
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