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Starbuck wrote:
Doug, The marketplace responds fairly quickly to inflationary pressure, 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. Are you suggesting it is ok to create rampant inflation in an effort to try to give the appearance of helping the less fortunate? After all, the old on fixed income have lived a good life, it is more important that we give the appearance of helping the poor. Might be better to just distribute the existing pie better. example...a law that would limit a CEO's salary to ten times the lowest workers salary. Those who deserve it would still earn more...the gap wouldn't be as big. Outrageous that CEOs are leading large companies into bankruptcy while earning in the millions. |
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