It isn't. But if we are restricting the discussion to commodities, then what happens as "nonrenewable" commodities become more difficult to obtain? The cost of gasoline will go up no matter what policies governments pursue.
Government would have you believe that deflation is bad, while in reality, the only people who are afraid of deflation is the government, and the rest of population would be very much fine with prices falling, not rising, which would make everything more affordable, not less affordable and standards of living would go up, not down with falling prices and strengthening currency.
It is not falling prices, but falling costs, that make things more affordable. Deflation helps those with positive net cash holdings, but hurts those with negative net cash holdings.
- inflation is increase of money supply by definition.
As an atheist, I care. Whatever social rejection atheists now face will become much worse if it can codified into law. As for your cavalier attitude towards the death toll of the Reign of Terror, note that in eleven months 16,000 to 40,000 people were killed, out of a population that is less than one-tenth of the current population of the US. http://en.wikipedia.org/wiki/Reign_of_Terror
According to your link, the Business plot was to happen in 1933/4. But the Office of Strategic Services (the precursor to the CIA) wasn't founded until 1942. The CIA itself was not established until 1947.
But are the Democrats failing to do Wall Street's bidding on the debt ceiling? The GP might not be saying that the Republicans are evil for supporting Wall Street, but that they are biting the hand that pays them.
"Some prices have fallen over that time." - like what?
RAM, hard drives.
- it's not my number, I am using the same source, and in 2003 I was buying gasoline in Canada, not USA, it was probably around 60 cents/liter there then.
At 3.8 liters to the gallon, that would be $2.28 Canadian per gallon.
- ha, there is only one policy that creates inflation - money printing.
The extension of credit might be more responsible, but I would like something more than your (or anyone else's) claim about it.
Inflation is properly an annualized percentage change in price of all commodities. Some prices have fallen over that time. As for gasoline, where could you get gasoline for 89 cents a gallon in 2003? And when I followed the link for gasoline, the site said it was $2.92 as of July 6th. Also, the use of commodity prices as a measure of inflation is problematic, as they are more volatile than consumer prices. And are changes in commodity prices due to government policy?
Of course, that requires that people know what the company's specialty is. Didn't GM get into trouble because its leadership wanted it to be a finance company (GMAC)?
But TeX/LaTeX works by having a fixed page size. While one can make the vertical height large enough to accommodate the page, how do you adjust the width if a user resizes the browser?
And how many wars in history would have met such criteria? And even when it is the case, it means that the war wasn't a zero-sum game.
I believe a better example would have the Falklands War. The Argentinian government wasn't as evil as the Nazis, but the cost of getting rid of them was lower.
Slashdot Mirror
If you used one-time pad encryption, it could "decrypt" to any text having the same length.
- how is that a commodity?
It isn't. But if we are restricting the discussion to commodities, then what happens as "nonrenewable" commodities become more difficult to obtain? The cost of gasoline will go up no matter what policies governments pursue.
Government would have you believe that deflation is bad, while in reality, the only people who are afraid of deflation is the government, and the rest of population would be very much fine with prices falling, not rising, which would make everything more affordable, not less affordable and standards of living would go up, not down with falling prices and strengthening currency.
It is not falling prices, but falling costs, that make things more affordable. Deflation helps those with positive net cash holdings, but hurts those with negative net cash holdings.
- inflation is increase of money supply by definition.
Whose definition is that?
He was killed after trying (and failing) to assassinate Hitler.
As an atheist, I care. Whatever social rejection atheists now face will become much worse if it can codified into law. As for your cavalier attitude towards the death toll of the Reign of Terror, note that in eleven months 16,000 to 40,000 people were killed, out of a population that is less than one-tenth of the current population of the US. http://en.wikipedia.org/wiki/Reign_of_Terror
According to your link, the Business plot was to happen in 1933/4. But the Office of Strategic Services (the precursor to the CIA) wasn't founded until 1942. The CIA itself was not established until 1947.
But are the Democrats failing to do Wall Street's bidding on the debt ceiling? The GP might not be saying that the Republicans are evil for supporting Wall Street, but that they are biting the hand that pays them.
"Some prices have fallen over that time." - like what?
RAM, hard drives.
- it's not my number, I am using the same source, and in 2003 I was buying gasoline in Canada, not USA, it was probably around 60 cents/liter there then.
At 3.8 liters to the gallon, that would be $2.28 Canadian per gallon.
- ha, there is only one policy that creates inflation - money printing.
The extension of credit might be more responsible, but I would like something more than your (or anyone else's) claim about it.
Inflation is properly an annualized percentage change in price of all commodities. Some prices have fallen over that time. As for gasoline, where could you get gasoline for 89 cents a gallon in 2003? And when I followed the link for gasoline, the site said it was $2.92 as of July 6th. Also, the use of commodity prices as a measure of inflation is problematic, as they are more volatile than consumer prices. And are changes in commodity prices due to government policy?
No, No, He was a nuclear engineer. We need an engineer who knows about mining, like Herbert Hoover!
Government creates inflation, which today is on the order of 10% per YEAR
According to this, US inflation hasn't been 10% since the early 1980s http://en.wikipedia.org/wiki/File:US_Historical_Inflation.svg
Of course, even 1% inflation would be on the order of 10% inflation, but 1% inflation would hardly be a problem.
Of course, that requires that people know what the company's specialty is. Didn't GM get into trouble because its leadership wanted it to be a finance company (GMAC)?
If so, what is your problem with Safeway?
Well, the one nearest me doesn't have automated checkout.
What about Vasily Zaitsev? No one could fire bullet points like him!
Will they be running Edward Tufte?
Edible isn't sufficient. Are they tasty?
But (to address both of you) overpopulation might spur innovation more than war does.
But TeX/LaTeX works by having a fixed page size. While one can make the vertical height large enough to accommodate the page, how do you adjust the width if a user resizes the browser?
And how many wars in history would have met such criteria? And even when it is the case, it means that the war wasn't a zero-sum game.
I believe a better example would have the Falklands War. The Argentinian government wasn't as evil as the Nazis, but the cost of getting rid of them was lower.
Dave brings home a date. She goes to the bathroom to freshen up.
HAL 69: Dave, your date looks hot; would you like some Viagra/Levitra/Cialis?
Does that still make up for the loss of life and destruction?
War by definition is a zero sum game.
By what definition? I would consider war to be a negative-sum game.
Not according to Wikipedia http://en.wikipedia.org/wiki/Logarithm_of_the_base_2.
In any case, log_2 3 = 1.584. . . and 11.9/1.584 is about 7.5.
It doesn't say that Congress must wear pants
So former Speaker Pelosi never wore a dress?
Worked for me.
In the latter case, log 3=1.09, and 11.9/1.09=10.9. . . Although the article says the upper bound is proportional to n^2/log n.