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Article #2833Re: Home for All, polemic development policy
From: Fabrizio J. Bonsignore
Date: Wed, 06 Oct 2004 04:06
Date: Wed, 06 Oct 2004 04:06
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Certain concerns may be expressed in case properties are owned by foreigners. It should bring about a massive outflow of capital. Rents are de facto turned into mortgages and the flux of money should be spent in almost the same way as before, except that, according to the financing scheme chosen, payments may vary in amount as per the new schedule. As for inflation, it must be taken into account that poor and rich people experience different rates of inflation. Price increases are to be expected in basic goods, and basic goods are an increasingly smaller amount of consumption as per the Engels Law. Luxury items shouldn`t show price increases. Rich`s inflation would remain approximately the same; poor`s inflation would be expected, but it should be compensated by increased disposable income and increases in wages. It is assumed that tax are mainly sales taxes.
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X-Google-Thread: fd5f7,d4362b27585a065 X-Google-Thread: f44bc,d4362b27585a065 X-Google-Thread: 10b271,d4362b27585a065 X-Google-Thread: 101049,d4362b27585a065 X-Google-Thread: 107d03,d4362b27585a065 X-Google-Attributes: gidfd5f7,gidf44bc,gid10b271,gid101049,gid107d03,public X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news1.google.com!postnews1.google.com!not-for-mail From: fbonsignore@beethoven.com (Fabrizio J. Bonsignore) Newsgroups: sci.econ,sci.skeptic,sci.physics,dc.general,la.general Subject: Re: Home for All, polemic development policy Date: 5 Oct 2004 21:06:06 -0700 Organization: http://groups.google.com Lines: 15 Message-ID: <768f7623.0410052006.389a39bd@posting.google.com> References: <768f7623.0409201229.5567562b@posting.google.com> <768f7623.0410010916.62274b12@posting.google.com> NNTP-Posting-Host: 68.167.217.11 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 8bit X-Trace: posting.google.com 1097035567 15627 127.0.0.1 (6 Oct 2004 04:06:07 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Wed, 6 Oct 2004 04:06:07 +0000 (UTC)