you might see some kind of short term deflation, but any substantial
deflation would break us. Any time you have debt, then deflation makes that
debt harder to pay. Not only would it be tragic for Americans on a personal
level, but on a state and federal level it would be equally disastrous. eg.
What would happen if everyone's salary were halved next week? Massive
default on mortgages, housing inventory increases, values go down, etc. I
would think that deflation might be beneficial, I just don't think its an
option (either financially or politically). Most likely they will just
print their way out of this, and destroy the dollar in the process.
-jmz
On Mon, May 17, 2010 at 4:06 PM, keith smith <
klsmith2020@yahoo.com> wrote:
>
> I think if taxes were reduced by 25% or even 50% we would see deflation.
> We need to deflate.
>
> ------------------------
> Keith Smith
>
> --- On *Mon, 5/17/10, Joshua Zeidner <jjzeidner@gmail.com>* wrote:
>
>
> From: Joshua Zeidner <jjzeidner@gmail.com>
>
> Subject: Re: ditching Apple products due to boycotts?
> To: "Main PLUG discussion list" <plug-discuss@lists.plug.phoenix.az.us>
> Date: Monday, May 17, 2010, 3:58 PM
>
>
>
>
> In a deflation scenario, the dollar would buy a lot of code, but it would
> also bankrupt just about anyone with a mortgage or any other kind of debt.
> Remember deflated dollars are harder to come by.
>
> -jmz
>
>
>
> -
>
> On Mon, May 17, 2010 at 3:44 PM, keith smith <klsmith2020@yahoo.com<http://mc/compose?to=klsmith2020@yahoo.com>
> > wrote:
>
>>
>> Maybe..... What if we were to go into deflation? Wouldn't that help?
>>
>> ------------------------
>> Keith Smith
>>
>> --- On *Mon, 5/17/10, R P Herrold <herrold@owlriver.com<http://mc/compose?to=herrold@owlriver.com>
>> >* wrote:
>>
>>
>> From: R P Herrold <herrold@owlriver.com<http://mc/compose?to=herrold@owlriver.com>
>> >
>>
>> Subject: Re: ditching Apple products due to boycotts?
>> To: "Main PLUG discussion list" <plug-discuss@lists.plug.phoenix.az.us<http://mc/compose?to=plug-discuss@lists.plug.phoenix.az.us>
>> >
>> Date: Monday, May 17, 2010, 3:01 PM
>>
>>
>> On Mon, 17 May 2010, keith smith wrote:
>>
>> > I sure hope outsourcing becomes null and void. What do you base this
>> > on?
>>
>> >> earlier, Joshua Zeidner:
>> >> Clearly they are doing it for symbolic purposes... which is why we
>> should do it right back to them. Apple products are overpriced and
>> overpromoted anyway. They are a California based company but they certainly
>> do most of their work overseas. The way things are currently going the
>> outsourcing equation will change, and possibly become invalid.
>>
>> This looks like wishful thinking. The outsourcing/offshoring
>> genie is out of the bottle, and nothing is going to put it back
>>
>> -- Russ herrold
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