Article View: sci.econ
Article #1696Re: Inflation
From: Charles M Kozierok
Date: Sat, 23 Jan 1993 04:10
Date: Sat, 23 Jan 1993 04:10
18 lines
1468 bytes
1468 bytes
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
Technical Details
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!cmkReferences:
<2259@blue.cis.pitt.edu> <1993Jan21.211300.8065@athena.mit.edu> <2306@blue.cis.pitt.edu>Show Full Headers
Complete Article Headers
Newsgroups: sci.econ Path: arc1-ca.pugleaf.net!sparky!uunet!enterpoop.mit.edu!bloom-picayune.mit.edu!athena.mit.edu!cmk From: cmk@athena.mit.edu (Charles M Kozierok) Subject: Re: Inflation Message-ID: <1993Jan23.041017.11269@athena.mit.edu> Sender: news@athena.mit.edu (News system) Nntp-Posting-Host: electric-monk.mit.edu Organization: Massachusetts Institute of Technology 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 Lines: 18