European Tribune - Comments - Spiegel's Euro Delirium Tremens

Spiegel's Euro Delirium Tremens | 184 comments (184 topical, 0 editorial, 0 hidden)

Re: Inflation is a tax on the rich and powerful (4.00 / 2)

Can we have 7% inflation for 5 years, then?

By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan

by Migeru (migeru at eurotrib dot com) on Tue May 18th, 2010 at 08:17:57 AM EST
[ Parent ]

That sure would help. (4.00 / 3)

Of course, that's why it won't be done.

It's not even protecting the intelligent wealthy, who know how to capitalize on opportunities economic growth tends to afford and know how to mitigate inflation-related risks.

This draconian monetary policy protects only old money, lazy old money.

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Tue May 18th, 2010 at 08:21:18 AM EST
[ Parent ]

Spiegel's Euro Delirium Tremens | 184 comments (184 topical, 0 editorial, 0 hidden)

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