[lbo-talk] inflation and Ernest Mandel

[Wojtek Sokolowski]

Justin:
> it was supported by the evidence. It makes a diff, I 
> hypothesized, if the $ pumped in by pump-priming goes to 
> investors, who may or may not put it to any productive use, 
> than to workers, who must spend it all.

The money spent on cruise missiles etc. does go to workers (in fact,
good paying mfg jobs), who spent it on SUVs and suburban homes etc.

Wojtek