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Let us again state explicitly that 'inflation' is conventionally seen to arise from wage-'inflation', while growth in return on investment, or of asset 'value', is not seen to drive up 'inflation', but is wonderful good and great 'growth' that is required and beneficial. 'Inflation' as defined by the neolibs being specifically designed to ensure that inequality is increased and wealth capture can proceed at optimal rates, and then happily be referred to as wealth creation. The constant return of the threat of 'inflation' can be mobilized to ensure that money keeps flowing to the right people, and doesn't end up with the scum at the bottom, who would not 'invest' it properly anyway.
by someone (s0me1smail(a)gmail(d)com) on Tue Nov 6th, 2007 at 06:14:22 AM EST
[ Parent ]
thank you. For me that is a moment of clairty.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Tue Nov 6th, 2007 at 08:06:42 AM EST
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