Starbuck wrote:

Doug,
The marketplace responds fairly quickly to inflationary pressure

Uh huh.
Do you know the economics textbook definition of "long term"?

Look it up.

... just ask
Germans who lived during the 40's how quickly the marketplace reacts to an
increase in money supply without an increase in productivity.

And how quickly is that?
When a crisis that is ten years in the making creates an "overnight
sensation" of exponential inflation, does it take an idiot to ignore the
10 year crisis and focus on the overnight? Or merely someone who is
poorly educated who also wants to promote a fundamentally dishonest agenda?



Are you suggesting it is ok to create rampant inflation in an effort to try
to give the appearance of helping the less fortunate?

Why, no. Are you suggesting that I suggested that?

I was merely pointing out that your ideas about economics are wrong.


... After all, the old on
fixed income have lived a good life

Is that why you & the Bush/Cheney Administration feel it's OK to pillage
Social Security and hand over the loot to Wall St?


... it is more important that we give the
appearance of helping the poor.


instead of "giving the appearance" how about actually helping them?

Or in the words of the immortal B.B. King (no relation) 'Help the
poor... Lord, help the poor... yes, help the poor... won't you help poor
me.'

DSK