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Tuesday, April 3, 2012

George Reisman on Deflation

http://georgereismansblog.blogspot.com/2009/01/falling-prices-are-antidote-to.html

Now in this blog, I kept on using the term "deflation" instead of "price lowering" because I want to emphasis the Anti-Inflation attitude of my idea.
I disagree to have the value of money constantly deteriorating, price increasing, and instead of having all the values distributed to sources of solutions, they got distributed to people who are the closets to the central bank. Which are the bankers.

NO! we must have a system that's sided with humanity, not with the betrayers. Let the first hand receivers of money be people in the rural areas. Lets have "Deflation" or Anti-Inflation oriented Banks

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