Thank you Venezuela

[Fake Boris]

I think you are excluding a whole lot of other ways to achieve the goal of a better life for everyone in a society.

Your perfect is a bucket of crabs.

We were not talking about "a better life for everyone". This discussion is about economic cycles, and only that.

[Felch]

The discussion is about a country that needs its National Assembly to pass a law to keep toilet paper on the shelves.

[Felch]

Seems as good a place as any to post. Entire world economy collapses in a bout of hyperinflation. Won't someone think of poor Tristam.

http://www.zerohedge.com/news/2013-0...hyperinflation

The guy wrote this:

Furthermore, inflation is not simply an increase in the supply of money within an economy; it is the increase in that portion (if any) not backed by a commensurate increase in specie:

So because the 16th century Spanish had plenty of gold and silver, they never experienced inflation?

[N35t0r]

Um, gold and silver were the money supply.

[Fake Boris]

The discussion is about a country that needs its National Assembly to pass a law to keep toilet paper on the shelves.

So how many could afford toilet paper before Chavez?

[Fake Boris]

The discussion is about a country that needs its National Assembly to pass a law to keep toilet paper on the shelves.

So how many could afford toilet paper before Chavez?

[notyoueither]

We were not talking about "a better life for everyone". This discussion is about economic cycles, and only that.

Then you're talking about the wrong thing.

Eliminating cycles simply to say you've done it is a misguided proposal.

The question is why do you want to eliminate cycles. I'd say you don't, because they are a product of an economic system that works better for more people than any other system has done or is likely to this side of replicators. What needs doing is softening the impacts on people.

A better life for the most people possible is the entire point.

[regexcellent]

Let's eliminate cycles by staying at or below the bottom of the cycle 100% of the time!

[giblets]

We were not talking about "a better life for everyone". This discussion is about economic cycles, and only that.

And by "economic cycles" you seem to only mean cyclical unemployment because planned economies will have plenty of the cycles that Sir Og described.

[Felch]

So how many could afford toilet paper before Chavez?

You think that is a persuasive argument?

[Colonâ„¢]

So how many could afford toilet paper before Chavez?

Yes, private for-profit companies would routinely hire employees, rent buildings and use valuable shelf-space to stock toilet-paper nobody could buy. Because putting unsellable stuff on shelves is how companies make money.

[Zevico]

DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

Racist!

[Colonâ„¢]

Are we randomly quoting text and calling it racist now?

[Wezil]

DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

Racist!

[Colonâ„¢]

Racist!