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Tigermoose (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:02 AM Original message |
The other tax -- am I wrong in my reasoning? |
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Sherman A1 (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:10 AM Response to Original message |
1. Inflation was once described as a tax |
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plumbob (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:21 AM Response to Original message |
2. It's a classic thought, going back at least to Keynes' 1920 book. |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:33 AM Response to Original message |
3. Hurts people with money in |
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Tigermoose (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:41 AM Response to Reply #3 |
6. But doesn't it cause people to go into debt in the first place? |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 08:06 AM Response to Reply #6 |
9. Yes but just to use an extreme example |
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Tigermoose (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 08:45 AM Response to Reply #9 |
12. Good point - home ownership is still a good idea. |
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AlabamaLibrul (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:44 AM Response to Reply #3 |
7. I disagree |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 08:16 AM Response to Reply #7 |
10. I disagree with your disagreement |
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AlabamaLibrul (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 08:26 AM Response to Reply #10 |
11. Out of those two, you are correct |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 08:55 AM Response to Reply #11 |
13. I would say the family that took a cool trip every year |
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AlabamaLibrul (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 09:42 AM Response to Reply #13 |
14. That is a very interesting way of looking at it |
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muriel_volestrangler (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:35 AM Response to Original message |
4. Low interest rates *may* cause inflation, if they cause demand to overheat |
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Tigermoose (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:47 AM Response to Reply #4 |
8. We always have inflation -- low or high |
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Tigermoose (1000+ posts) Send PM | Profile | Ignore | Thu Apr-14-11 07:39 AM Response to Original message |
5. I think I see what has gone wrong |
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