Re: Inflation

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Article #1775

#1775

From: Dave Polewka
Date: Tue, 26 Jan 1993 06:14

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In a previous article, jfh@yacht.cis.ufl.edu (James F. Hranicky) says:

>The inflation of prices America has experienced since 1913 is not
>"natural."

The reason it's natural for governments to engage in inflation
and other activities that don't make sense, like war (which they
have been doing since the beginning of history), is that government
is outside of the marketplace, and is therefore out of control.
The answer to this problem is to get every country to start cutting
its spending across-the-board, and start paying off its debts.
One or more countries have to take the lead in order for this to
happen.  The U.S.A. should assume this role immediately.
-- 
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"Endeavor to persevere"
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Path: arc1-ca.pugleaf.net!sparky!uunet!spool.mu.edu!agate!usenet.ins.cwru.edu!cleveland.Freenet.Edu!al037
From: al037@cleveland.Freenet.Edu (Dave Polewka)
Newsgroups: sci.econ
Subject: Re: Inflation
Date: 26 Jan 1993 06:14:52 GMT
Organization: Case Western Reserve University, Cleveland, OH (USA)
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Message-ID: <1k2kssINN9eh@usenet.INS.CWRU.Edu>
Reply-To: al037@cleveland.Freenet.Edu (Dave Polewka)
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